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Wemolo
Wemolo automates parking monitoring and management by using AI-powered license plate recognition to remove barriers and manual checks. It delivers a cloud-based parking management platform combined…
Wemolo
Wemolo automates parking monitoring and management by using AI-powered license plate recognition to remove barriers and manual checks. It delivers a cloud-based parking management platform combined…
TL;DR
What they do: AI-powered license-plate recognition platform and camera-based parking management
Headquarters: Munich, Germany
Employees: ≈250
Funding signal: Multiple rounds including a recent growth/debt financing with CIBC Innovation Banking
Company Overview
Problem Domain
Digital parking management and property monitoring (optimising parking utilisation and administration).
Industry
IT Services and IT Consulting
Funding Track Record
≈€650,000
€4.7 million
€15 million
€10 million
Company disclosures list CIBC Innovation Banking as partner for the growth financing; Crunchbase lists henQ among investors as well.
Investor Signal
“Investors and partners named in disclosures include henQ, Armira Growth, strategic backing from the Flix founders, and CIBC Innovation Banking”
Founders
What we do
Join the Team
Startup jobs. A lot of them.
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