Luxe Receives $50,000,000 New Round

  • Feed Type
  • Date
    4/7/2016
  • Company Name
    Luxe
  • Mailing Address
    Undisclosed San Francisco, CA 94107 USA
  • Company Description
    Founded and based in San Francisco, Luxe is building a logistics platform that will drive the next generation of local real time services, beginning with parking. The free Luxe app, available on iPhone, transforms parking from a necessary evil to a daily highlight.
  • Website
    http://www.luxevalet.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $50,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The deal doesn’t yet come with any formal partnership announcements, like reduced costs for Hertz customers, but Luxe CEO Curtis Lee acknowledged that he was looking forward to working with the company down the line.
  • M&A Terms
  • Venture Investor
    Hertz