# Mark Lawrence

> Mark Lawrence is the Chicago-based co-founder and CEO of SpotHero, a parking-reservation marketplace launched in 2011. A former Bank of America financial analyst and Bradley University graduate, he helped move the business from private parking listings to garage partnerships across the United States and Canada. Uber completed its acquisition of SpotHero on April 16, 2026, for $617 million in cash.

- **Role:** Co-Founder and Chief Executive Officer at SpotHero
- **Organizations:** SpotHero, Bank of America, Workstorm, Mode Mobile
- **Education:** Bachelor of Science in Finance; Bachelor of Arts in Spanish, Bradley University
- **Known for:** Co-founded a parking marketplace that now lists more than 14,000 garages, lots and valets in over 400 North American cities., Led SpotHero through its expansion from Chicago to the United States and Canada., Named to the National Parking Association’s inaugural 40 Under 40 class in 2015.

## Career timeline

- **2008-2010** — Worked as a financial analyst at Bank of America.
- **2011** — SpotHero launched in Chicago; early co-founders included Jeremy Smith and Larry Kiss.
- **2012** — SpotHero completed Excelerate Labs and announced $2.5 million in funding in December.
- **2015** — Named to the National Parking Association’s inaugural 40 Under 40 class; SpotHero raised a $20 million Series B.
- **2017** — SpotHero acquired Parking Panda, adding cities and expanding into Canada.
- **2021** — Joined the Mode Mobile board in February, according to its filings; participated as an individual investor in Quake Media’s funding round.
- **2024** — Named an Outstanding Tech CEO finalist for the 1871 Momentum Awards.
- **2026** — Uber completed its acquisition of SpotHero on April 16 for $617 million in cash.

## Achievements

- Co-founded a parking marketplace that now lists more than 14,000 garages, lots and valets in over 400 North American cities.
- Led SpotHero through its expansion from Chicago to the United States and Canada.
- Named to the National Parking Association’s inaugural 40 Under 40 class in 2015.
- Outstanding Tech CEO finalist in the 2024 1871 Momentum Awards.
- SpotHero was acquired by Uber for $617 million in cash in April 2026.

## Latest updates

- **2026-05** — Appeared on All Things Parking with Dani & John to discuss SpotHero, Uber and autonomous vehicles.
- **2026-04** — Uber completed its acquisition of all outstanding SpotHero equity on April 16; purchase price was $617 million in cash.
- **2026-02** — Uber and SpotHero announced their acquisition agreement on February 23.
- **2025-03** — Featured on How I Built This with Guy Raz on March 10.

## Links

- Website: https://spothero.com/
- LinkedIn: https://www.linkedin.com/in/marklawrence3

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Profile page: https://yespress.io/mark-lawrence
Published by YesPress — https://yespress.io
Last updated: 2026-10-21