# Valet Anywhere

The first monthly parking spot that comes to you. 

- Canonical URL: https://wefunder.com/valetanywhere
- Entity ID: wefunder:company:8814
- Last updated: 2026-06-09T05:00:02Z
- Generated at: 2026-06-10T04:06:52Z

## Quick facts
- $228K Nov revenue. $2.75M ARR.
- 21% avg m-o-m growth rate with positive gross margin.
- 3 deals with real-estate builders and mgt companies to sell parking subscription along with luxury condo units.
- Cheaper than average monthly spot in NYC.
- $1,300 yearly profit on every car.
- 6 densest US cities spend $4.8 billion on monthly parking.
- Select investors include: Tusk Ventures, AngelPad, CA Ventures.

## Active fundraises
- wefunder:fundraise:5198: 506(c) successful (USD)

## FAQ
1. **This service seems to be targeted to the affluent members or NYC. Do you think it is realistic that these individuals will let your company lend their cars to you in the future for several hundred dollars a month?**
   - Dilraj, we have customer who are very priced conscience but also customer who are not. Yes, majority of the customer care about their car but we've taken survey where a good portion of our customer DO responded and want cheaper parking options in exchange lend the cars to us for other purposes. Hopefully that answers your questions. Email me at rob@valetanywhere.com if you have follow-up question.
2. **What are operating losses vs revenue to date?**
   - Henry - love to share more. ping me at rob@valetanywhere.com
3. **where are these cars parked**
   - Greg - it is parked indoor, secured with an existing garage operator.
4. **Where are you guys parking the cars?**
   - We park it with parking operators in NYC, but we take the car a little further away from where ppl live, so we can offer what we do at lower price points. Let me know if you have more questions.
5. **What if the customer lost his/her phone? ..And the thief requests for the car.**
   - Adrian - we have hand-off process that prevents anyone tries to pickup a car from the customer (and pretends to be from Valet Anywhere). Not only do we have valet picture on the phone but also hand-off code that has to be verified. Now, if the customer lost their phone, then the customer can call our office (using the valet's or another phone) to get hand-off code that the valet is suppose to verify. hopefully that answers your questions. email me at rob@valetanywhere.com if you have follow-u...

## Team
- Robert Kao (CEO)
- Lawrence Lee (COO)
- Dante Sarigumba (CTO)
- Olive Ho (Marketing Manager)
- Timothy Menz (Director of Operations)
- Bobby Flesta (Marketing Engineer)

## Q&A
- Q: Can you reveal your current runway before and after this bridge funding round?
- Q: This service seems to be targeted to the affluent members or NYC. Do you think it is realistic that these individuals will let your company lend their cars to you in the future for several hundred dollars a month?
  - A: Dilraj, we have customer who are very priced conscience but also customer who are not. Yes, majority of the customer care about their car but we've taken survey where a good portion of our customer DO responded and want cheaper parking options in exchange lend the cars to us for other purposes. Hopefully that answers your questions. Email me at rob@valetanywhere.com if you have follow-up question.
- Q: Is it possible for you to hand over the front-end and backend for both the websites With all of its booking systems; Now of course I will rebranded completely so no one will ever know that this product and is being Whitehurst but I need to test the market a little before I can launch an investment and I think that since I invested in a new and we never heard from you in over a few years I think it would be ideal if you as a company could lady I hand and provide me with the documentation that I require for a responsive website
- Q: Can we still invest in your company ?. I was trying to couldn't fid an option .
- Q: What happened?
- Q: how do sign up
- Q: how much is it ?
- Q: I am interested in the service in Manhattan for a small car with 10 pick up and or deliveries a month
- Q: Is the company dead and my investment count as the loss for 2016?
- Q: i am interested in a partnership and to expand to UAE. are you interested?
  - A: Ziad, please email me at rob@valetanywhere.com
- Q: You mentioned that services like Luxe are geared more towards short term parking and your model uses Long Term parking. How do you feel about other competitors like Luxe combining short term as well as long term parking models in future to compete (provided that they get more capital to do so) ?
- Q: What distinguishes you from your competition? Zirx, Luxe, BluCar, etc.
  - A: - OUR BUSINESS IS DIFFERENT: We are razor focused on on-scheduled monthly parking (not on-demand daily/hourly parking like Luxe and Zirx). We have found product market fit with mega cities of the world where we address not just parking but also service (gas, wash, maintenance) for mega city car owners where parking & services are both challenging. And most importantly, we are on our way to a scalable and profitable business. - OUR APPROACH IS DIFFERENT: We did not go and expand to 5+ cities in the US but rather focused on just 1 city but the biggest and most challenging city in the US - NYC. We believe that if we can make NYC scalable and achieve positive contribution margin (which we did in Nov '2015), then time for expansion. As a startup we are all for growing uncomfortably, but in our business, we need to be careful of our monthly burn rate vs. growth rate.
- Q: Hi, can you explain the flattening of revenue growth on a already linear scale curve, which look like the opposite of a 'hockey stick' curve that investors would like to see? Also the 55% m/m growth is misleading. Depending on when do you start counting, you could have infinite m/m growth if you start from 0. Also I am curious how sustainable this will be if this gets big and you will push the price of storage up, that force you to park even further away to make economic sense for the customer, while parking further away will compromise on customer experience.
  - A: Li Li, thanks for your questions. Yes, 55% m/m compound grow was since beginning (last Dec). We have been razor focused on adding customers that we make positive contribution margins on SO we had to turn customers away (mainly downtown Manhattan due to parking supply cost). If you just look at the months that we started to make positive margins, we are at 21% m/m growth rate. Note, if all one cares about is growth, we can lower the price or take customer where we lose money and increase that growth. WE will continually be in better position with price discussion as we grow. As for sustainability vs. customer experience, that is a logistic problem. When we have to park further, we will have staging garages. Current data shows that residential monthly customer gives us close to 13 hours before they need their cars back so ample time for us to stage the cars. If you have more questions, please email me rob@valetanywhere.com and I'm happy to schedule a call.
- Q: You're making a big future bet on car sharing. What's the likelihood that the sort of wealthy car owners that can afford VA will be willing to rent their luxury cars out to Uber drivers and/or weekend travelers?
  - A: People like free (as long as it is insured and secured parking). From running NYC operation, there are customers who are price insensitive but most do care about saving money on parking (even if they drive +80k SUV). What we are trying to do is turn idle cars into useable resources that benefit both the car owners and drivers who want to make $$ but can't afford it.
- Q: Can you explain the slowing growth rate? ~8% M/M growth from June -> September.
  - A: Are you speaking to the revenue growth or customer acq growth? Either way, ping me at rob@valetanywhere.com so I can dig into it more. What we did back in June, what we did was trying to analyze contribution margin per customer per month and remove locations and customers that we lose money. We want to prove out that we can grow (higher than 8%) while we making +contribution margins and we can!