# SpotHero

> Chicago parking reservation marketplace connecting drivers with garages, lots, and event parking across North America.

## Why it is interesting

1871/Techstars Chicago graduate that turned city parking data into a national marketplace — Chicago Ventures led its Series A and the cap table stacks Midwest seed names (Lightbank, OCA) with Battery and 500 Startups before $118M+ total raised through Series D (2019).

## Profile

- **Stage:** growth
- **Status:** private
- **Industries:** marketplace, consumer, enterprise-saas
- **Coverage:** full
- **Last updated:** 2026-07-29

## Key facts

- Series A (Jun 2014): $4.5M — Chicago Ventures, Battery, Pritzker Group VC, Lightbank participated
- Series D (Aug 2019): $50M led by Macquarie Capital; ~$118M total raised
- Founded Chicago 2011; Techstars/1871 alum; 300+ city marketplace
- MATH Venture Partners and Chicago Ventures portfolio anchor for local mobility/marketplace comps

## Investors in our directory

- https://venturecapitaltracker.com/fund/chicago-ventures
- https://venturecapitaltracker.com/fund/math-venture-partners
- https://venturecapitaltracker.com/fund/battery-ventures

## Related articles

- https://venturecapitaltracker.com/chicago-startups-we-cover-2026
- https://venturecapitaltracker.com/chicago-midwest-vc-firms-2026

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Source: https://venturecapitaltracker.com/startup/spothero