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Overview
Wemolo offers digital parking solutions that use license plate recognition to grant barrier-free, ticketless parking with 24/7 entry and exit. The system combines hardware and software with computer vision and AI to automatically determine parking duration and identify non-customers, enabling seamless access and modern payments. It provides a one-stop service, including site planning, setup, rollout support, and ongoing operational help up to acting as a parking operator, with low maintenance as the system is continuously improved. Serving customers across Europe from retailers to real estate and healthcare facilities, Wemolo aims to deliver reliable, easy-to-use parking that improves space efficiency and customer satisfaction.
About Wemolo
Industries
Data & Analytics
Automotive & Transportation
Enterprise Software
AI & Machine Learning
Company Size
201-500
Company Stage
Late Stage VC
Total Funding
$21.1M
Headquarters
Munich, Germany
Founded
2019
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Simplify's Take
What believers are saying
- Munich ALDI SÜD pilot opened 81 spaces, with expansion planned after July 23, 2026.
- Wemolo claims over 2,500 garages and two million daily transactions, proving operating scale, July 2026.
- Four thousand managed spaces and five European offices give Wemolo dense distribution for upsells, 2026.
What critics are saying
- OLG Bamberg banned Wemolo's 40-euro contract penalty, crushing a core enforcement tool, 2026.
- Bremen consumer advocates sued Wemolo over parking fines, signaling broader German legal attacks, 2025-2026.
- If courts or regulators restrict license-plate billing, Wemolo's model loses pricing power and viability.
What makes Wemolo unique
- Wemolo runs barrier-free, ticketless parking with license-plate recognition across 4,000 spaces, July 2026.
- ALDI SÜD chose Wemolo for Munich after-hours parking, expanding reuse of existing retail assets, July 2026.
- CIBC Innovation Banking funded Wemolo’s European expansion and product portfolio on July 2026.
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Funding
Total Funding
$21.1M
Above
Industry Average
Funded Over
2 Rounds
Benefits
Remote Work Options
Hybrid Work Options
Flexible Work Hours
Commuter Benefits
Meal Benefits
Wellness Program
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 1%2 year growth
↑ 0%Wemolo's parking management solution is based on computer vision tech, automating the processing and billing of parking events in paid and unpaid parking spaces.
Munich-based Parkdepot has raised €15 million in a Series A financing round with SURPLUS Equity Partners und Armira Growth as well as existing investor henQ.
Wemolo is Hiring for 17 Jobs on Simplify!
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About Wemolo
Industries
Data & Analytics
Automotive & Transportation
Enterprise Software
AI & Machine Learning
Company Size
201-500
Company Stage
Late Stage VC
Total Funding
$21.1M
Headquarters
Munich, Germany
Founded
2019
Wemolo is Hiring for 17 Jobs on Simplify!
Find jobs on Simplify and start your career today