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Wemolo Analysis

What is Wemolo?

Wemolo specializes in digital parking management systems that enhance the utilization of parking spaces. Their approach leverages proprietary technology to prevent unauthorized use and improve customer access. This results in increased revenue and efficiency for businesses managing parking facilities.
Employees
201-500
Founded
2019
Industry
PropTech
Latest Funding Round Size
Debt Financing
Public Company Status
Private

Product Features & Capabilities

  • Parking space monitoring without personnel
  • Flexible parking management solutions
  • Automated parking fee collection
  • Real-time data insights for decision-making
  • Customizable parking solutions for various sectors.

Other Considerations

Manages over 3,000 parking areas across Europe; Utilizes 100% proprietary technology; Notable clients include REWE and Aldi Suisse.

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Parking Tech SaaS Companies

Financial Overview

Debt Financing
August 14, 2024
Investors: CIBC Innovation Banking
Series A
December 9, 2022
Investors: Not specified
Seed
March 31, 2021
Investors: henQ
Pre Seed
October 25, 2019
Investors: Not specified
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