Type Privately held company Area served United States | Founded 2013 Number of locations 6 cities | |
Founder Curtis Lee, Craig Martin | ||
Luxe is a technology company that develops, markets and operates the Luxe mobile app, an on-demand parking and car services mobile application. Using Luxe, customers can submit a request to have their car parked, fueled, washed, charged, serviced or driven home by the company's valets.
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Overview
Luxe was founded as Luxe Valet in 2013, by Curtis Lee and Craig Martin, former colleagues at Zynga. The app and service was launched the following October. Luxe is headquartered in San Francisco, California.
In the 12 months between the first two rounds of funding, the company grew to 6 business markets San Francisco, Seattle, New York City, Austin, Chicago and Los Angeles. The company works with parking lot operators. By April 2016, the company further expanded to other cities in the United States. The company has also entered a relationship with Tesla Motors whereby Luxe will have exclusive access to dedicated Tesla charging stations for its customers.
The New York Times compared the service to Uber, Lyft and Amazon Prime for its ease of use and transformative impact on urban dwellers.
Funding
As of April 2016, Luxe had raised $75.5M in total venture funding. Luxe received its seed round funding of $5.5 million in October 2014, Series A funding of $20 million in February 2015 and a round of $50 million in April 2016 led by The Hertz Corporation.
Media coverage
Luxe has been featured in Techcrunch, Bloomberg, Forbes, Business Insider, Washington Post and others.