Wemolo

Wemolo provides digital parking management solutions using AI-powered license plate recognition and IoT sensors. The platform monitors parking spaces, automates entry and exit controls without physical barriers, enables dynamic pricing and space allocation, and includes a rental service for spare parking capacity.

Customers include retail chains such as ALDI SÜD and EDEKA, real estate operators, municipalities, hospitality businesses, healthcare facilities, and financial institutions. The company generates revenue through subscription access to its software platform and monitoring services.

The company employs 250 people across 5 countries with headquarters in Munich, Germany. It manages over 370,000 parking spaces across 4,000 facilities, processing approximately 2 billion parking transactions annually. The founding team comprises Bastian Pieper (Product & Engineering), Jakob Bodenmüller (Commercial & Strategy), and Yukio Iwamoto (Finance & Operations).

Product: Parking management platform with license plate recognition, real-time monitoring, dynamic pricing, and space rental capabilities