Wemolo
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 utilisation and administration. Since 2019, Wemolo has transformed parking on over 2.000 properties. Every day, more than 200 employees in our six European offices focus on enabling seamless parking.
Wemolo
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 utilisation and administration. Since 2019, Wemolo has transformed parking on over 2.000 properties. Every day, more than 200 employees in our six European offices focus on enabling seamless parking.
TL;DR
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
Related Companies
| Company |
|---|
 |
 |
 |
 |
 |
Company Overview
Problem Domain
Parking management and optimisation for operators and property owners
Founded
2019
Industry
IT Services and IT Consulting
Funding Track Record
€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
Investor Signal
“Investors publicly named include CIBC Innovation Banking, henQ, Armira (Armira Growth), ALP.X Group, Flix founders and angel/backer Lisa Gradow”