Luxe
Date | Investors | Amount | Round |
---|---|---|---|
- |
| N/A | - |
$5.5m | Seed | ||
$20.0m | Series A | ||
N/A | N/A | Series B | |
$50.0m | Series B | ||
* | N/A | Acquisition | |
Total Funding | $75.5m |
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Recent News about Luxe
EditLuxe is a service-oriented company that provides on-demand parking and valet services in major urban areas such as San Francisco, Chicago, and New York. The business caters to city dwellers and visitors who face challenges finding parking spots in densely populated areas. Luxe operates in the urban mobility market, offering a convenient solution to the common problem of parking scarcity. The business model is app-based, allowing users to request a valet through their smartphones. Users simply drive to their destination, and a Luxe valet meets them to park their car. The company generates revenue by charging users for each parking service, with pricing dependent on location and duration. Luxe aims to expand its services to additional cities based on demand.
Keywords: on-demand parking, valet services, urban mobility, app-based, city dwellers, parking scarcity, convenience, revenue, expansion, urban areas.