When Craig and I started building Luxe in 2013, we began with a very simple premise: fixing a problem we both experienced every single day – parking in San Francisco. As we built the product and business we knew we were onto something, but nothing could have prepared us for the incredible growth, engagement and excitement we’ve seen in the last year and a half.
A few metrics from just the last 180 days spell this out:
- 90% month over month increase in new customer sign ups
- 97% month over month increase in parking requests
- 2x week: average number of parks by our customer base in SF & LA
We’re excited to share several major updates:
- Android’s finally here!
We appreciate the patience from our Android community as our team built you the best app possible – including Google Wallet integration and several new features that make the most of the Android platform. You can download it here.
- Boston, Chicago & Seattle: we’re on our way
Luxe is going national. We’ve heard from many of you in other cities and you’ve made it clear that you want Luxe. Next up will be Chicago, Boston and Seattle, who will all have a new way to park by the end of April. Sign up for the Luxe waitlist in Boston, Chicago or Seattle and we’ll make sure you’re among the first to park.
- Funding and growing the Luxe team
Finally, we’ve raised a $20M Series A from Venrock, Redpoint, Lightspeed Venture Partners, Data Collective and BoxGroup as well as angel investors Dave Morin, Mark & Ali Pincus, Gary Vaynerchuk, Gil Penchina, Rick Marini, Fritz Lanman and Jason Kilar. This funding will help us bring Luxe to even more cities this year, as well as continue to build out our team with great engineers, operators, designers and product leads that are driven to put technology to work in solving real problems. And on that note, we’re thrilled to welcome Ro Choy to Luxe as our Chief Business Officer this month.
Going from an idea, to having a dedicated team of 30+ (currently hiring more!) building a technology platform that solves one of the worst pain points of city living in such a short time has been incredible and humbling. We can’t wait to bring Luxe to more people and we’re thankful to all of our customers.
P.S. We have an infographic below that shows our progress so far, enjoy!