Market Overview

SpotHero Updates iOS App with First-of-Kind Features to Make Parking Faster and Easier

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Improved design, speed-focused rebooking tools, calendar
integration among updates to optimize parking experience

SpotHero,
North America's leading parking reservation service, announced today it
has updated its iOS
mobile app
with first-of-kind features that optimize the parking
experience, making it easier and more efficient for all drivers,
especially those who drive daily.

"With this update, we've taken tremendous strides towards our vision of
making parking easier and better," said Anthony Broad-Crawford, SpotHero
chief product officer. "These new features simplify the booking
experience to two simple taps or fewer, placing significant value and
time back into our customers' pockets."

The latest SpotHero iOS release introduces a variety of updates that
further enhance the app's functionality and user experience, including:

  • Improved design makes booking spots easier, more intuitive and faster.
  • Home page shortcut allows commuters to rebook previous reservations in
    two taps.
  • "Power Booking" allows frequent parkers to book their go-to parking
    spot on multiple days in one step.
  • Personalization enables easy booking of favorite spots.
  • Venue selection option lets users easily search and book based on
    event location.
  • First-time users are walked through booking their first reservation.

Synced calendar integration is the newest app feature, and it's the
first in the parking reservation industry. With a quick sync of their
calendars to SpotHero, commuters easily can book parking based on where
their upcoming events are located.

As part of SpotHero's effort to continually improve the parking
experience, additional updates are scheduled for late Q3 and early Q4,
and will be updated on the SpotHero
blog
. For more information or to download
the latest SpotHero iOS release
please visit the iTunes store or request
a text for direct download
.

About SpotHero

SpotHero, North America's leading parking reservation service, empowers
drivers with easy parking at thousands of garages, lots, and valets in
major cities across the US and Canada. Launched in 2011, SpotHero is
headquartered in Chicago and has secured $57.5 million in funding. To
learn more, visit www.spothero.com.

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