Lot Spotrevenue, valuation & funding
Location Intelligence SoftwareUnited StatesFounded 2015
Shut downLot Spot optimizes parking for 11x cheaper than existing solutions with 25% more accurate data.
Lot Spot revenue
Lot Spot's annual revenue was $436.2K in April 2021 (source not recorded). The company has since shut down.
| As of | Revenue | Source |
|---|---|---|
| Apr 2021 | $436.2K | – |
– source not recorded
Lot Spot valuation
Lot Spot is privately held, so there is no Lot Spot stock to buy. Investors valued it at $2.9M in its September 2017 Angel round.
Lot Spot funding rounds & investors
Lot Spot has raised $665K across two rounds since 2017. The latest was a $450K Convertible Note in October 2018.
| Date | Round | Raised | Valuation |
|---|---|---|---|
| Oct 2018 | Convertible Note | $450K | – |
| Sep 2017 | Angel | $215K | $2.9M |
| Total raised | $665K |
Lot Spot CEO, founders & employees
Preston Hare founded Lot Spot in 2015 and led it as CEO. Lot Spot had 5 employees (April 2021).
- Preston HareFounder & CEO
Team mix (Apr 2021): 1 engineers, 1 in sales
Lot Spot FAQ
Is Lot Spot still in business?
No. Lot Spot has shut down.
What was Lot Spot's revenue?
Lot Spot's annual revenue was $436.2K in April 2021 (source not recorded).
How much funding has Lot Spot raised?
Lot Spot raised $665K across two funding rounds before it shut down. The last was a $450K Convertible Note in October 2018.
How many employees does Lot Spot have?
Lot Spot had 5 employees in April 2021.
Who founded Lot Spot?
Preston Hare founded Lot Spot in 2015.
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How this page is sourced
Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Aug 10, 2026Data disclaimerReport a correction