How Much Did Arrive Raise?
Funding & Key Investors

Arrive has solidified its position as a critical infrastructure provider within the mobility sector, securing a cumulative $34M in capital to date. The company recently finalized a major strategic investment of $1M, marking a significant milestone in its trajectory toward dominating the last-mile mobility ecosystem. This infusion of resources underscores investor confidence in Arrive's ability to scale its proprietary technology across diverse enterprise environments.

By leveraging a history of consistent financing rounds, Arrive has successfully transitioned from an early-stage innovator to a mature enterprise-level player. The latest capital injection serves as a testament to the company's resilience and its ongoing commitment to refining the intersection of digital commerce and physical parking infrastructure.

What is Arrive?

Arrive
SoftwareMobile App Development

Arrive operates as the premier provider of last-mile mobility solutions, bridging the gap between digital platforms and physical parking assets. Through its sophisticated API-based architecture, the company enables industry giants such as Ticketmaster, Honda, and GasBuddy to integrate seamless parking and mobility services directly into their existing product suites. Beyond its enterprise-facing operations, Arrive maintains a robust consumer presence through its award-winning applications, ParkWhiz and BestParking. With a user base exceeding 40 million, the company has effectively standardized the process of locating and booking economical parking, positioning itself as an essential utility in the modern urban mobility stack.

How much funding has Arrive raised?

Arrive has raised a total of $34M across 5 funding rounds:

2012

Series A

$2M

2014

Series B

$7.1M

2015

Series C

$18.9M

2018

Series D

$5M

2020

Debt

$1M

Series A (2012): $2M with participation from Amicus Capital, Hyde Park Venture Partners, and Hyde Park Angels

Series B (2014): $7.1M led by Jump Capital, Hyde Park Angels, and Hyde Park Venture Partners

Series C (2015): $18.9M supported by Jump Capital, Baird Capital, and Beringea LLC

Series D (2018): $5M featuring Chaifetz Group, Alate Partners, Amazon Alexa Fund, and Purple Arch Ventures

Debt (2020): $1M backed by PPP

Key Investors in Arrive

Jump Capital

A multi-stage venture capital firm that focuses on high-growth technology companies, providing both capital and operational expertise to scale enterprise software businesses.

Baird Capital

A global private equity and venture capital firm that invests in early-to-mid-stage technology and healthcare companies, emphasizing long-term value creation.

Beringea LLC

An international growth capital investor that supports ambitious management teams in scaling their businesses through strategic guidance and financial backing.

What's next for Arrive?

With the recent influx of capital, Arrive is well-positioned to accelerate its product roadmap and expand its footprint in the global mobility market. The strategic focus will likely center on deepening API integrations and enhancing the intelligence of its parking reservation engine to accommodate the rising demand for autonomous and connected vehicle services. As the company moves into this next phase of growth, it will continue to leverage its extensive network of partners to drive friction-free mobility experiences. The emphasis remains on maintaining market leadership by evolving its technology to meet the complex, real-time requirements of modern urban transportation networks.

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Frequently Asked Questions Regarding Arrive Financial Insights

What are the most recent funding rounds that Arrive has completed, and what were the funding rounds?
Arrive has recently completed 3 funding rounds: Debt on Apr 8, 2020, Series D on Nov 13, 2018, Series C on Dec 22, 2015.
What is the total amount of funding Arrive has raised to date?
Arrive has raised a total of $34M in funding to date.
How many funding rounds has Arrive completed?
Arrive has completed 3 funding rounds.
How much funding did Arrive raise in its most recent funding round?
Arrive raised $1M in its most recent funding round.
Who are the lead investors in Arrive's latest funding round?
The lead investor in Arrive's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Arrive's history?
The largest funding round in Arrive's history was $18.9M.
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