Parking App SpotHero Scoops up $50 Million
Chicago parking app SpotHero landed $50 million in new funding as it looks to help more people find on-demand parking.
The round was led by Macquarie Capital, an Australia-based investment bank. Other backers in the round include Insight Venture Partners, Global Founders Capital, OCA Ventures and AutoTech Ventures.
SpotHero has now raised $118 million since it launched in 2011. It’s the latest Chicago startup to crack the VC funding century mark, joining AMP Americas, Fourkites, Sprout Social, and G2 Crowd, who’ve all crossed over $100 million in total capital raised within the …