CityLift Parking, an Oakland, CA-based provider of automated parking lifts in the U.S., completed a $22.5M Series C funding round.
The round was led by Dundon Capital Partners. In conjunction with the funding, John Zutter, Jason Kulas and Jeff Vanderbilt from DCP, will be joining CityLift’s Board.
The company intends sto use the funds to accelerate its growth and invest in technology innovation.
Co-founded by Scott Gable, CEO, and Mike Ghielmetti, CityLift Parking designs, installs, and services automated parking lifts that aims to save space, reduce the cost of building parking, and reduce construction time.
The company, which also has offices in Los Angeles and Boston, complete a 235-space project in Oakland, CA, and a 5-level puzzle lift in the U.S., in Nashville, TN. It is also building the first fully automated system in the Pacific Northwest and the first parking lift system in Salt Lake City.