Wemolo

Wemolo

License-plate based digital parking solutions

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

Simplify's Rating
Not yet rated

We're working on gathering enough insights on this company, check back soon!

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

Get referred to Wemolo

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • Barrier-free parking reduces retrofit costs for property owners.
  • Residential subscription rollouts expand beyond retail parking use cases.
  • CIBC debt financing supports enterprise sales and installation scale.

What critics are saying

  • Privacy scrutiny over license-plate capture can trigger regulator intervention.
  • Recognition errors create billing disputes, refunds, and operator churn.
  • Debt financing raises pressure for rapid growth and refinancing performance.

What makes Wemolo unique

  • Camera-based LPR replaces barriers, tickets, and parking discs.
  • Two products, Monitoring and Management, optimize utilization and administration.
  • Operates across 3,000 locations in five countries.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$21.1M

Above

Industry Average

Funded Over

2 Rounds

Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Benefits

Remote Work Options

Hybrid Work Options

Flexible Work Hours

Commuter Benefits

Meal Benefits

Wellness Program

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
GvW Graf von Westphalen
Dec 30th, 2022
GvW advised Parkdepot on Series A financing round

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.

Recently Posted Jobs

Sign up to get curated job recommendations

Wemolo is Hiring for 14 Jobs on Simplify!

Find jobs on Simplify and start your career today

Don't see your dream role? Check out thousands of other roles on Simplify. Browse all jobs →