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Wemolo

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AI-powered digital parking management and optimization solutions

Munich, GermanyFounded 2019Transportation
Valuation $50–100M Last recorded · 2022
Revenue $1–10M Latest reported FY
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Wemolo and the history behind them.

About Wemolo

Wemolo (formerly known as Park Depot) is a digital solution provider for parking spaces, offering a simple and cost-effective alternative to traditional barrier systems. Using advanced license plate recognition technology, the company helps to prevent unauthorized parking. Wemolo's services include assisting with location concepts, setting up the parking system, ensuring a smooth introduction, and providing operational support up to the appearance as a parking operator. The company offers a one-stop solution, including barrier-free and ticketless parking, no waiting times, and modern payment methods.

The company's solutions provide flexibility to its customers and ensure their satisfaction. It uses coordinated hardware and software with modern computer vision and AI technology. The system is continuously developed while in use, requiring minimal maintenance. The company's services include 24/7 license plate recognition at entry and exit, automated determination of parking duration without a parking disc, and identification of non-customers to ensure free parking spaces for its customers.

As one of the leading providers of digital parking solutions, Park Depot is trusted by customers across Europe with over 1,000 parking spaces. Its clientele ranges from grocery retailers, real estate companies, shopping centers, and hotels to clinics. The company's solutions benefit all parking spaces, regardless of size.

Wemolo's business model is based on providing digital solutions for parking spaces. It generates revenue by offering its services to businesses that require parking solutions. The company operates in the parking solutions market, serving a wide range of clients, including retail businesses, real estate companies, and healthcare facilities.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2019
Headquarters
Munich, Germany
Employees
249
Open positions
None listed
Dealroom signal
76.2/100
Industry
Transportation
Sub-industry
Mobility
Sector
Transportation, Parking, Horizon Europe
Technology
Recognition Technology
Business model
SaaS
Client focus
b2b

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
DEBT✓Debt Aug 2024 $0 — CIBC Innovation Banking ↗
LATE VC✓Equity / VC Dec 2022 $17M $66M henQ · Armira · ALP.X Group (Formerly Surplus Equity Partners) ↗
Showing the latest 2 of 3 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

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Growth signals

Wemolo website traffic

Latest recorded traffic for Wemolo is 33K monthly website visits, down 19.5% over the last three months. Wemolo's team grew 0.8% over the past year.

Latest monthly visits33K 3-month web change-19.5% 1-year team growth+0.8%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

10 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • henQ

Series B and later3 investors entered at this stage

  • Armira
  • ALP.X Group (Formerly Surplus Equity Partners)
  • CIBC Innovation Banking

Other known investors6 additional known investors

  • Björn Jopen
  • Florian Tappeiner
  • Gerald Schoenbucher
  • Harald Braunstein
  • Lisa Gradow
  • Xpreneurs
Team profiled 13 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
9 countries with
team presence
🇩🇪 Germany83.9%
🇮🇹 Italy4%
🇨🇭 Switzerland3.5%
🇵🇱 Poland3.5%
🇦🇹 Austria2.5%
Top 5 of 9 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Wemolo on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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