As the retail landscape adjusts to more online shoppers, traditional brick-and-mortar retailers are reacting to customers’ changing lifestyles – including how they arrive at their stores. Swedish household giant IKEA is now building megastores in urban areas without parking spaces – starting with a location...
Many startups desire to be the Ubers or Airbnbs of their respective industries, but taking these crowns means facing fierce competition from other services. Becoming the dominant online marketplace in the shared parking segment requires finesse. These platforms need to grow their user bases by...
With 225 million U.S. drivers, parking can be a tight squeeze. Of course, marketplaces are vying to solve the parking problem — but enticing drivers and driveway lenders to participate takes more than just offering an app and competitive prices. In the latest Payments And...
Digital parking company SpotHero has raised $50 million in a series D funding round led by Macquarie Capital, according to a release. The new amount raised brings SpotHero’s total fundraise so far to $118 million. Other participants in the round included Union Grove Venture Partners,...
March 14, 2018
There is almost nothing in life worse than driving aimlessly around a major American metro area in search of a parking spot. And there is no pain like the pain that exists for drivers in Boston, and some of its most conveniently situated neighborhoods. “I think there are about 9,000 residents in Beacon Hill and, […]
May 24, 2017
There are few experiences more fiction-filled and anger-inducing than trying to find a parking space in a major metropolitan area. The circling the block — or blocks — over and over again...
March 02, 2017
As new mobile point of sale (mPOS) solutions become available, both merchants and investors are taking notice. Several companies are offering mPOS solutions designed to speed up checkout lines, enable...
January 16, 2020
As the retail landscape adjusts to more online shoppers, traditional brick-and-mortar retailers are reacting to customers’ changing lifestyles – including how they arrive at their stores. Swedish household giant IKEA is now building megastores in urban areas without parking spaces – starting with a location in Vienna, Austria – as more consumers are adopting car-free […]
August 22, 2019
Digital parking company SpotHero has raised $50 million in a series D funding round led by Macquarie Capital, according to a release. The new amount raised brings SpotHero’s total fundraise...
November 28, 2018
GasBuddy, a tech company that uses crowdsourcing technology to provide users with real-time fuel prices at gas stations, is expanding its service to provide discounted parking in facilities all over...
November 13, 2018
ParkWhiz announced it has received an additional $5 million in equity to its recently-announced Series D financing, bringing the total funding round led by NewSpring Capital to $25 million. The...
