Chicago, IL – According to filings with the U.S. Securities and Exchange Commission, SpotHero is raising $50 Million in a new round of investment. Sources indicate as part of senior management Chief Executive Officer, Mark Lawrence played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Spothero

SpotHero is North America’s leading parking mobility platform and consumer parking marketplace with 20M+ cars parked, the largest network of connected parking facilities, and the most app downloads nationwide. Launched in 2011, SpotHero enables mobility companies to make finding, paying for, and accessing parking a seamless part of their offering so that together, we can move customers from A to B seamlessly and reduce congestion by getting vehicles off the street when they’re not in use.

To learn more about Spothero, visit http://spothero.com/

Contact:
Mark Lawrence, Chief Executive Officer
312-556-7768
mark@spothero.com
https://www.linkedin.com/in/marklawrence3/

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