Updated:
SpotHero
Find, book, and save on parking with convenient garages, lots, and valets near you. Find parking near work, home, airports, and events with the help of...
SpotHero
Find, book, and save on parking with convenient garages, lots, and valets near you. Find parking near work, home, airports, and events with the help of SpotHero.
General information
Firm type
other
Year founded
2011
Location
Region
North America
Country
United States
City
Chicago
Corporate office
Chicago, IL, United States
Principals
Mark Lawrence
Co-Founder, Chief Executive Officer
Larry Kiss
Co-Founder, Chief Architect Officer
Sector focus
Frequently asked questions
Who runs investment decisions at SpotHero?
SpotHero is led by co-founders Mark Lawrence (CEO) and Larry Kiss (Chief Architect Officer). Investment decisions are made by the executive team, which includes Kavita Suthar as CFO (per the firm's website, 2025). The company lists a board of directors but does not disclose individual members publicly.
Is SpotHero a family office or investment firm?
SpotHero is an operating company, not a family office or asset manager. It provides a digital marketplace for off-street parking reservations. The firm does not manage third-party capital or deploy capital as a fund vehicle.
How does SpotHero source its parking inventory?
SpotHero aggregates parking inventory from garages, lots, and valet operators through direct partnerships. The company does not own or lease the physical facilities, operating instead as a technology intermediary that charges a commission on each prepaid booking.
What investment stages does SpotHero target?
SpotHero is not an investment firm targeting stages. Its business is an operating marketplace serving consumers and businesses for parking reservations. The firm may raise venture capital as a growth-stage company, but such details are not publicly disclosed.
Which sectors does SpotHero explicitly avoid?
SpotHero has not publicly stated any sectors it avoids. Its business is narrowly focused on off-street parking reservation technology within the mobility and transportation sector.
Where does the underlying wealth come from for SpotHero?
SpotHero is not a family office, and its founders' personal wealth origins are not publicly disclosed. The company itself is funded by venture capital investors, though specific backers are not named on its website.
Does SpotHero maintain philanthropic structures?
SpotHero has not publicly disclosed any philanthropic foundations or charitable giving programs. The available information focuses on its commercial parking marketplace operations.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on investors?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: