Lot Spot
United States
Valuation
$1.3M
2021 Revenue
$436.2K
Funding
$665K
Team
5
Founded
2015
Lot Spot Revenue, Valuation & Funding (2021)
Lot Spot optimizes parking for 11x cheaper than existing solutions with 25% more accurate data. Their technology is deployed in four verticals, including the most visited park system and one of the largest owner-operated parking company in the US. The founders are an award-winning team of engineers and business developers that have worked together for the last 5 years.
Last updated
Lot Spot Revenue
In 2021, Lot Spot's revenue reached $436.2K. Since its launch in 2015, Lot Spot has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2021 | Lot Spot Hit $436.2k revenue in April 2021 | |
| 2015 | Launched with $0 revenue |
Lot Spot Valuation, Funding Rounds
Lot Spot reached a $1.3M valuation in 2025, set during its M&A Offer round.
Lot Spot has raised $665K in total funding across 2 rounds, most recently a $450K Convertible Note round in 2018.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2025 | M&A Offer | - | $1.3M | - | |
| 2018 | Convertible Note | $450K | - | - | |
| 2017 | Angel Round | $215K | $2.9M | 7% |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Lot Spot yet.
Lot Spot Employees & Team Size
Lot Spot employs approximately 5 people as of 2026, including 1 sales reps that carry a quota.
| Year | Milestone | Source |
|---|---|---|
| 2021 | Reached 5 employees (April 2021) |
Frequently Asked Questions about Lot Spot
What is Lot Spot's revenue?
Lot Spot generates $436.2K in revenue.
Who founded Lot Spot?
Lot Spot was founded by Preston Hare.
Who is the CEO of Lot Spot?
The CEO of Lot Spot is Preston Hare.
How much funding does Lot Spot have?
Lot Spot raised $665K across 2 rounds.
How many employees does Lot Spot have?
Lot Spot has 5 employees.
Where is Lot Spot headquarters?
Lot Spot is headquartered in United States.
Compare Lot Spot to the industry
Lot Spot operates across multiple industries. Browse revenue, funding, and growth data for Lot Spot in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
Claim this profilePeople Also Viewed
Check Plagiarism
Check Plagiarism for research papers, thesis and online articles. Check-Plagiarism allows to to...
Babehub
Create your personalized adult video hub and share your favorites hassle-free! Collect, customize...
carbonze
quantify carbon emission of companies
WiredInn
What could an extra 25, 75 or 100+ quality sales leads do for your business? Discover the farmer's...
APITemplate.io
Generate PDF documents, social media images, banners from reusable templates with no coding!
Hyperseed
Zapier for billing
