What is Arrive?
Arrive stands as a preeminent architect of last-mile mobility solutions, bridging the gap between complex urban infrastructure and consumer-facing digital platforms. By providing a robust API-driven ecosystem, the company enables major enterprise partners such as Ticketmaster and Honda to integrate seamless parking and mobility services directly into their native applications. Beyond its B2B enterprise-level integration, Arrive maintains a strong consumer presence through its award-winning ParkWhiz and BestParking applications. With over 40 million users leveraging its voice, web, and mobile interfaces, Arrive has effectively commoditized the parking experience, transforming it from a fragmented manual process into a streamlined, data-backed digital utility.
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 Hyde Park Venture Partners, Amicus Capital, and Hyde Park Angels
Series B (2014): $7.1M led by Jump Capital, Hyde Park Venture Partners, and Hyde Park Angels
Series C (2015): $18.9M supported by Jump Capital, Baird Capital, and Beringea LLC
Series D (2018): $5M featuring Amazon Alexa Fund, Purple Arch Ventures, Alate Partners, and Chaifetz Group
Debt (2020): $1M backed by PPP
Key Investors in Arrive
Amazon Alexa Fund
A venture capital arm of Amazon focused on fueling innovation in voice technology and ambient computing applications.
Baird Capital
A global private equity and venture capital firm that provides strategic support to growth-stage technology and healthcare companies.
Beringea LLC
An international growth capital firm specializing in scaling high-potential businesses through deep operational expertise and market access.
What's next for Arrive?
With a history of consistent capital infusion, Arrive is well-positioned to deepen its penetration into the smart city ecosystem. The company's strategic focus is expected to shift toward enhancing its predictive analytics capabilities and expanding its API footprint to accommodate the rise of autonomous and connected vehicle fleets. By leveraging its existing enterprise partnerships, Arrive aims to solidify its role as the central nervous system for urban mobility, ensuring that parking and vehicle-related services remain friction-free in an increasingly automated transportation environment. Future growth will likely prioritize the integration of real-time data streams to optimize urban traffic flow and parking utilization rates.
See full Arrive company page
