HotSpot (Road) Overview
- Year Founded
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2013
- Status
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Acquired/Merged
- Employees
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40
- Latest Deal Type
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M&A
- Latest Deal Amount
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$5.74M
HotSpot (Road) General Information
Description
Developer of a parking payment application designed to make payments for parking and transits. The company's application features the ability to pay for parking tickets through smartphones without returning to the cars and sends notifications before parking time runs out, enabling users to avail themselves of parking facilities without any hassles.
Contact Information
Website
www.htsp.ca(Operating Subsidiary)
Corporate Office
- 515 Beaverbrook Court
- Fredericton, New Brunswick E3B 1X6
- Canada
Corporate Office
- 515 Beaverbrook Court
- Fredericton, New Brunswick E3B 1X6
- Canada
HotSpot (Road) Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
5. Merger/Acquisition | 01-Jun-2022 | $5.74M | Completed | Generating Revenue | ||
4. Early Stage VC | 29-Oct-2014 | Completed | Generating Revenue | |||
3. Grant | 14-Oct-2014 | Completed | Generating Revenue | |||
2. Accelerator/Incubator | 18-Mar-2014 | $25K | Completed | Generating Revenue | ||
1. Accelerator/Incubator | 16-Dec-2013 | $25K | $25K | Completed | Generating Revenue |
HotSpot (Road) Signals
HotSpot (Road) Former Investors (7)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
BDC Capital | Growth/Expansion | Minority | ||
Brian Dunphy | Angel (individual) | Minority | ||
Jeff Thompson | Angel (individual) | Minority | ||
New Brunswick Innovation Foundation | Not-For-Profit Venture Capital | Minority | ||
Planet Hatch | Accelerator/Incubator |
HotSpot (Road) FAQs
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When was HotSpot (Road) founded?
HotSpot (Road) was founded in 2013.
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Where is HotSpot (Road) headquartered?
HotSpot (Road) is headquartered in Fredericton, Canada.
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What is the size of HotSpot (Road)?
HotSpot (Road) has 40 total employees.
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What industry is HotSpot (Road) in?
HotSpot (Road)’s primary industry is Road.
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Is HotSpot (Road) a private or public company?
HotSpot (Road) is a Private company.
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What is the current valuation of HotSpot (Road)?
The current valuation of HotSpot (Road) is
. -
What is HotSpot (Road)’s current revenue?
The current revenue for HotSpot (Road) is
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How much funding has HotSpot (Road) raised over time?
HotSpot (Road) has raised $730K.
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Who are HotSpot (Road)’s investors?
BDC Capital, Brian Dunphy, Jeff Thompson, New Brunswick Innovation Foundation, and Planet Hatch are 5 of 7 investors who have invested in HotSpot (Road).
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When was HotSpot (Road) acquired?
HotSpot (Road) was acquired on 01-Jun-2022.
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Who acquired HotSpot (Road)?
HotSpot (Road) was acquired by IBI Group.
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