On-demand Parking Startup Spothero Raises $50 Million

SpotHero, the Chicago-based company that has developed an on-demand parking app, has raised $50 million in a Series D round led by Macquarie Capital. Union Grove Venture Partners participated in the round, along with existing investors, including Insight Venture Partners, Global Founders Capital, OCA Ventures, AutoTech Ventures and others, according to the company.

 

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