About Arrive
Arrive is a company based in Chicago (United States) founded in 2006 by Shawn Jay-Z Carter. It operates as a Mobility-as-a-Service and Data-as-a-Service. Arrive has raised $65.3 million across 9 funding rounds from investors including Seven Seven Six, NewSpring Capital and Baird Capital. Arrive has completed 4 acquisitions, including Be-Mobile, Best Parking and Codipark. Arrive offers products and services including Easier Parking, Smarter City Planning, Smoother Public Transport, and Simplicity for Fleets. Arrive operates in a competitive market with competitors including Parkhub, FlashParking, Metropolis, REEF and T2 Systems, among others.
- Headquarter Chicago, United States
- Founders Shawn Jay-Z Carter
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Sectors
TechnologyTransportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$65.3 M (USD)
in 9 rounds
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Latest Funding Round
$5 M (USD), Series D
Nov 13, 2018
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Investors
Seven Seven Six
& 16 more
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Employee Count
Not available
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Investments & Acquisitions
Be-Mobile
& 3 more
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Products & Services of Arrive
Arrive offers a comprehensive portfolio of products and services, including Easier Parking, Smarter City Planning, Smoother Public Transport, and Simplicity for Fleets.
Parking operations are simplified with data-driven insights provided.
Mobility data is transformed into actionable planning insights.
Public transport is optimized with data-driven planning solutions.
Fleet mobility is streamlined with cost-reducing data solutions.
People of Arrive
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Software Development Team
52 people
Leadership Team
27 people
Customer Team
26 people
Sales and Marketing
24 people
Finance and Accounting
17 people
Product Management Team
13 people
Senior Team
11 people
Operations Team
10 people
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Funding Insights of Arrive
Arrive has successfully raised a total of $65.3M across 9 strategic funding rounds. The most recent funding activity was a Series D round of $5 million completed in November 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Arrive
Arrive has secured backing from 17 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Seven Seven Six, NewSpring Capital and Baird Capital.
| Investor | Description | Founded Year | Domain | Location |
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Investment firm focusing on lower-middle market growth, healthcare, and various strategies.
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Global private equity and venture capital investments in B2B Tech & Services companies.
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Venture capital and funds of fund firm focused on multiple sectors
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Investor details for Arrive
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Investments & Acquisitions by Arrive
Arrive has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Be-Mobile, Best Parking and Codipark.
Investment portfolio details for Arrive
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Parking payments are enabled via mobile app in off-street facilities.
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Smart parking app for navigation and scouting is developed.
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Locked | Locked | 2012 | Locked | |
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Smart mobility solutions are delivered to enhance traveler experiences.
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Locked | Locked | 2006 | Locked |
Complete acquisition details for Arrive
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Financial Statements - Arrive
Detailed financials for Arrive
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- Profit trends
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Arrive Comparisons
Peer comparison for Arrive
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Competitors of Arrive
Arrive operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Parkhub, FlashParking, Metropolis, REEF and T2 Systems, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of comprehensive parking management solutions
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Parking management systems are delivered via SaaS-enabled hardware and software.
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End-to-end parking management solutions are provided via an AI-enabled platform.
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REEF is focused on connecting goods and services to local neighborhoods through digital solutions.
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Parking management solutions for events and venues are provided.
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Detailed competitors of Arrive
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Latest news on Arrive
Complete news archive for Arrive
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Frequently Asked Questions about Arrive
Arrive was founded in 2006 and raised its 1st funding round 6 years after it was founded.
Arrive is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Arrive is a funded company, having raised a total of $65.3M across 9 funding rounds to date.
Arrive is focused on delivering smart mobility solutions to enhance urban living. Services are offered to parking operators, city planners, public transport authorities, and businesses with fleets. Data-driven insights are utilized to optimize parking, improve city planning, enhance public transport reliability, and streamline fleet operations. The aim is to create more livable cities by easing navigation and reducing congestion. Solutions are tailored to various city sizes and needs worldwide, ensuring movement is managed efficiently. A global mobility platform is being developed to simplify urban travel experiences.
Arrive's top competitors include Parkhub, Metropolis and T2 Systems.
Arrive offers Easier Parking, Smarter City Planning, Smoother Public Transport, and Simplicity for Fleets.
Arrive has made 4 acquisitions, including Be-Mobile, Best Parking, and Codipark.
Arrive has 17 investors. Key investors include Seven Seven Six, NewSpring Capital, Baird Capital, Jump Capital, and Beringea.