AirGarage Analysis: $41M Raised
What is AirGarage?
AirGarage specializes in full-service parking management, utilizing advanced technology and local operations. Their unique approach combines real-time dynamic pricing and license plate recognition to optimize revenue and enhance security. This results in increased profitability and improved user experience for property owners and drivers alike.
Employees
51-200
Founded
2017
Industry
PropTech
Latest Funding Round Size
Series B
Public Company Status
Private
Recent Venture Round Amount
$23,000,000
Product Features & Capabilities
- Real-time dynamic pricing system adjusting rates based on occupancy
- License plate recognition cameras for tracking vehicles
- Intelligence dashboard providing analytics on usage patterns
- Enhanced enforcement solutions for compliance and security
- Local operations management including maintenance and cleaning.
Use Cases
Optimize parking revenue for retail locations; Improve parking operations for corporate offices; Validate guest parking for hotels; Manage mixed-use properties with high transient demand; Maximize online bookings for off-airport parking.
How much AirGarage raised
Series A - $18 million
2021Lead Investor: Andreessen Horowitz
Series B - $23 million
July 8, 2025Lead Investor: Headline Growth, existing investors, and customers
Other Considerations
Raised $23M in Series B funding; Notable clients include The Showboat Resort; Achieved significant revenue growth for partners through technology.
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