W
Wemolo
AI-powered digital parking management and optimization solutions
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 dataAt 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
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| 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) | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
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.
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Company identity and context are open; selected comparison metrics preview what is available on the platform.
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|---|---|---|---|---|---|
Sparkpark ASGiving the cities high precision parking data to manage the shared micromobility |
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VadecitySmart parking and charging network for micromobility |
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ParkBeeDigital platform for booking underutilized parking spaces |
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GaragescannerPatented, universal, seamless and safety system for share empty parking spaces in busy cities |
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GamaDevelops driverless automated electric vehicles |
Villeurbanne, France | Acquired | |||
mCityJourney4allMobile Solution for City Public Transport without physical barriers |
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PARKUNLOADSmart parking platform for regulating urban zones |
Barcelona, Spain | Operational |
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
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
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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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