Founded in 1998 by Martin Nesbitt, the company grew quickly to become a distinctive brand with hundreds of millions of passengers annually.

[5] In 2011, The Parking Spot was sold to real estate investment group Green Courte Partners LLC for $360 million.

[6] Its loyalty rewards program, The Spot Club, crossed the million-member mark in 2016.

[7] In August 2019, the company announced a partnership with SpotHero, a digital parking marketplace, to allow for booking through their interface.

[8][9] This United States corporation or company article is a stub.