Hertz has led a $50m series B round for the on-demand valet parking service, boosting its total funding to $75m.
US-based on-demand parking service Luxe secured $50m on Thursday in a series B round led by car rental company Hertz.
The round, first reported in February this year, also included venture capital firms Redpoint Ventures and Venrock. John Tague, president and CEO of Hertz, will join Luxe’s board of directors.
Founded in 2014, Luxe has developed an app through which a range of car-related services can be booked, including on-demand valet parking, car washing, petrol refills and oil changes.
…
