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Wemolo is shaping the future of digital parking through AI-based licence plate recognition. Our two solutions, monitoring and management, enable the efficient use of parking spaces by optimising…

Wemolo is shaping the future of digital parking through AI-based licence plate recognition. Our two solutions, monitoring and management, enable the efficient use of parking spaces by optimising…
What: AI-based license-plate recognition platform for digital parking management and optimisation
Founded: 2019
Headquarters: Munich, Germany
Employees: ~249
Funding: Multiple rounds including debt financing (latest Aug 14, 2024); cumulative capital reported ~€20–30M
Parking management and optimisation for operators and property owners
2019
IT Services and IT Consulting
€650,000
€4,700,000
€15,000,000
≈€10,000,000 (reported as recent growth/debt tranche)
Latest recorded round on Crunchbase listed as Debt Financing
“Investors publicly named include CIBC Innovation Banking, henQ, Armira (Armira Growth), ALP.X Group, Flix founders and angel/backer Lisa Gradow”
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