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Wemolo logo — Enabling seamless parking - We are hiring!

Wemolo

Enabling seamless parking - We are hiring!

Founded 2019 Germany Munchen, Germany 246 employees Unknown Total: $19.20M

General Information

Company Name Wemolo
Founded Year 2019
Location Germany Munchen, Germany +5
Employees 246
Funding Stage Unknown
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About Wemolo

Wemolo, founded in 2019 and headquartered in Germany, is revolutionizing the way we view digital parking solutions. Specializing in AI-based license plate recognition, the company has developed two primary solutions focused on monitoring and management to optimize the utilization and administration of parking spaces.

With operations spanning over 2,000 properties and a dedicated team of more than 200 employees across six European offices, Wemolo is making a notable impact in the parking industry. Their motto, "Enabling seamless parking - We are hiring!" underscores their commitment to innovation and growth.

The company has recently secured a debt financing investment dated 01 August 2024 from CIBC Innovation Banking, signaling strong confidence in its growth trajectory. Investors should note Wemolo's potential for scalability, supported by its strategic use of technology and extensive European footprint.

Taxonomy: Digital Parking Solutions, License Plate Recognition, AI-based Technology, Parking Space Optimization, Parking Management, Seamless Parking Experience, Parking Administration, Smart Parking Solutions, Property Parking Transformation, Parking Efficiency, Automated Parking Control, Tech-driven Parking Innovation, Parking Monitoring Systems

Services & Products

Digitale Parkraumüberwachung
Automatisiertes Parkraumbewirtschaftungssystem
Flexible Verwaltung und Einblicke in das Kundenverhalten
Installation von Standort-spezifischen Parklösungen

Target Customers

Finanzdienstleistungen Freizeitanlagen Gesundheitswesen Handel Immobilienwirtschaft Infrastruktur Städte und Kommunen Tourismus und Freizeit Retail

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing •••••• 1
Investor
01 Aug 2024
Late Vc •••••• 3
Investor Investor Investor
01 Dec 2022
Seed •••••• 1
Investor
01 Mar 2021

Wemolo Alternatives & Competitors

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Wemolo vs
Rich & Associates Parking Consultants
Rich & Associates Parking Consultants United States

Rich & Associates is a Full Service Parking Consultant Design Firm

16 employees
Design, Construction
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Wemolo vs
Parkmatic
Parkmatic United States

"More Parking in Less Space" | Automated and Mechanical Parking Systems with over 40 models to choos...

10 employees
Manufacturing, Automotive
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Wemolo vs
Peak Parking
Peak Parking United States

Taking Parking to it's Peak!

31 employees
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FAQ About Wemolo

Enabling seamless parking - We are hiring!
Wemolo was founded in 2019.
Wemolo is headquartered in Munchen, Germany.
Wemolo has approximately 246 employees.
Wemolo has completed 3 funding rounds, raising a total of $19.20M. The latest funding stage is Unknown.
Wemolo offers: Digitale Parkraumüberwachung, Automatisiertes Parkraumbewirtschaftungssystem, Flexible Verwaltung und Einblicke in das Kundenverhalten, Installation von Standort-spezifischen Parklösungen.
Top alternatives and competitors to Wemolo include Rich & Associates Parking Consultants, Parkmatic, Peak Parking, Diamond Parking Service, UK Car Park Management Ltd. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Wemolo and Rich & Associates Parking Consultants are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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