Luxe Valet Raises $20M Series A Funding

Luxe-LogoLuxe Valet, a San Francisco, CA-based service that sends valets to park for people, raised $20M in Series A funding round.

Backers included from Venrock, Redpoint, Lightspeed Venture Partners, Data Collective and BoxGroup as well as angel investors Dave Morin, Mark & Ali Pincus, Gary Vaynerchuk, Gil Penchina, Rick Marini, Fritz Lanman and Jason Kilar.

The company intends to use the funds to expand into more cities as well as to continue to build out the team with engineers, operators, designers and product leads (http://luxevalet.com/jobs).

Co-founded by CTO Craig Martin, CEO Curtis Lee and also led by COO Greg Zanchi and newly added CBO Ro Choy, Luxe provides a mobile app that allows users to call a valet to park in secure indoor lots and monitor every step of the process from drop-off to pick-up.
The service is active in SF and LA.

FinSMEs

04/03/2015

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