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SpotHero

Off-street parking marketplace

201-500 employees
  • B2C
  • Marketplace
  • Cars
125 S Clark Street, Chicago, IL 60603

Company mission

To simplify finding and booking off-street parking for stress-free travel experiences.

Top investors

Some candidates hear
back within 2 weeks

5% employee growth in 12 months

Otta's take

Xav Kearney headshot

Xav Kearney

CTO of Otta

Finding a parking spot is an ever-increasing challenge, that is being solved by SpotHero, a platform which helps people find and book off-road parking across Canada and the US.

SpotHero is evolving with current trends by offering car-sharing and commercial fleet options, alongside partnering with Android Auto to increase its reservations, and joining up with the navigation app Waze. It offers services to corporations too, and brings standardization to the otherwise fragmented and often confusing parking industry.

Currently the only independent off-street parking marketplace in North America, the company has built a strong infrastructure and is scaling both its offering and its coverage towards securing further partnerships and opportunities for growth.

Benefits

  • Annual parking stipend – we help people park!
  • Flexible PTO policy and great work/life balance – We value and support each individual team member
  • The opportunity to collaborate with fun, innovative, and passionate people in a casual, yet highly productive atmosphere
  • Career game changer – A truly unique experience to work for a fast-growing startup in a role with unlimited potential for growth

Company values

  • Give drivers the right of way: We take the Hero in our name seriously, and we go the extra mile to make sure our drivers have an experience we're proud of.
  • Drive growth: We venture outside our comfort zones to accelerate company and individual growth. With a desire to learn and willingness to teach, reflection on the losses as well as the wins, and sharing and seeking of candid feedback, we drive ourselves and the company forward.
  • Fuel relationships: We believe strong relationships are the core of high-functioning teams. We build these relationships by intentionally getting to know one another, taking accountability for our work, showing vulnerability, and remembering that trust is a two-way street.
  • Don't get stuck in traffic: We believe in empowering people to use their unique voices to solve problems and find different routes to success. With the humility to ask for help, the flexibility to adapt, and the resilience to chart the uncharted, there are no limits to what can be achieved.
  • Remember to signal: We all strive to do our part in communicating openly and honestly with each other in moments big and small. This means sharing ideas, keeping stakeholders informed, explaining the “why” behind decisions, and doing so with care.
  • Respect fellow drivers: We believe in respecting our fellow teammates and creating a safe space for people to get from here to there. This means listening, assuming positive intent, and seeking to understand different perspectives.
  • Enjoy the ride: Laugh, feel the wind in your hair, and remember not to take yourself too seriously.

Funding (last 2 of 7 rounds)

Aug 2019

$50m

SERIES D

Sep 2018

$10.1m

SERIES C

$117.6m

Total funding

This company has top investors

Founders

Having studied Finance and Spanish at Bradley University, they spent 2 years as a Financial Analyst at Bank of America, before leaving in July 2010. That October, they founded SpotHero as CEO.

Larry Kiss

(Chief Architect Officer)

Having started their career at Advanced Micro Devices, they then worked at Motorola for 3 years and also as a Freelance Developer. They co-founded SpotHero with Mark, before co-founding iNotary in March 2011, where they worked as CTO for a year.

Diversity & Inclusion at SpotHero

  • At SpotHero, you’ll have the opportunity to join any of our 6 Employee Resource Groups: African Americans/Blacks at SpotHero, First Generation Americans at SpotHero, LGBTQ at SpotHero, Neurodiversity at SpotHero, Parents at SpotHero, and Women at SpotHero. Each group serves to both create a space for those in the community (as well as allies) and be a trusted partner to help solve various business challenges.
  • We offer company-wide trainings led by external facilitators, and a DEI-focused book club, to actively contribute to our ongoing effort of making SpotHero inclusive of all.

Jobs (6)

All locations

Software Engineering

Finance, Legal & Compliance

Sales & Account Management