What is Arrive?
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:
Series A
$2M
Series B
$7.1M
Series C
$18.9M
Series D
$5M
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.
See full Arrive company page