Spot
The Parking Spot is an off-airport parking company based in Chicago, Illinois. Founded in 1998 by Martin Nesbitt, the company grew quickly to become a distinctive brand with hundreds of millions of passengers annually.
About Spot
The Parking Spot is an off-airport parking company based in Chicago, Illinois. Founded in 1998 by Martin Nesbitt, the company grew quickly to become a distinctive brand with hundreds of millions of passengers annually. The company's first backer was Penny Pritzker, a member of the prominent Pritzker family that founded and largely owns Hyatt. The Parking Spot has 70+ near airport locations across 45 U.S. airports, as of 2025. In 2011, The Parking Spot was sold to real estate investment group Green Courte Partners LLC for $360 million. Its loyalty rewards program, The Spot Club, crossed the million-member mark in 2016. In August 2019, the company announced a partnership with SpotHero, a digital parking marketplace, to allow for booking through their interface.
Investors & Backers
Spot has received investment from 1 venture capital firm.
Company Details
- Sector
- Consumer
- Headquarters
- Chicago, Illinois
- Founded
- 1998
- Status
- Active