Where is HotSpot located?

HotSpot is headquartered in Canada, United States.

How many employees does HotSpot have?

As of Sep 30, 2026, the latest employee count at HotSpot is 51.

Is HotSpot a funded company?

HotSpot is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round.

When was the latest funding round of HotSpot?

HotSpot's latest funding was a $***** Seed round, with participation from 1 investor.

Where does HotSpot rank among its competitors?

HotSpot ranks 3rd amongst 27 active competitors, of which 2 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was HonkMobile, which secured $3M in Oct, 2015.

Who are the top competitors of HotSpot?

HotSpot's top competitors include HonkMobile, hangTag and clicknpark. Among them, HonkMobile secured the most recent funding round in October, 2015.

HotSpot - 2026 Company Profile, Funding & Competitors

HotSpot is an acquired company based in Canada (United States), founded in 2013. It operates as a Provider of app-based platform for transportation services. HotSpot has raised $250K in funding from New Brunswick Innovation Foundation. The company has 27 active competitors, including 2 funded and 2 that have exited. Its top competitors include companies like HonkMobile, hangTag and clicknpark.

Company Details

HotSpot provides an app-based solution for transportation services. Through the app it allows users to book and pay for parking, transit, and taxi. It offers solutions for corporates, municipalities, and private operators, Users can also buy tickets and get passes for public transit. The mobile app is available for both Android and iOS devices

Website: www.htsp.ca/
Social
Email ID: *****@htsp.ca
Phone Number: +1 **********

Key Metrics

Founded Year

2013

Location

Canada, United States

Stage

Acquired

Total Funding

$250K in 1 round

Latest Funding Round

Seed, $*****

Investors

New Brunswick Innovation Foundation

Ranked

3^rd among 27 active competitors

Employee Count

51 as on Sep 30, 2026

Similar Companies

SpotHero & 605 more

Exit Details

Acquired by IBI Group (Jun 01, 2022)

View HotSpot's full profile

HotSpot got acquired by IBI Group on Jun 01, 2022.

Click here to take a look at HotSpot's acquisition in detail

HotSpot has raised a total funding of $250K over 1 round. Its latest funding round was a Seed round. 1 investor participated in its latest round. HotSpot has 1 institutional investor.

View details of HotSpot's funding rounds and investors

HotSpot's employee count trend

HotSpot has 51 employees as of Sep 26. Here is HotSpot's employee count trend over the years:

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Top competitors of HotSpot include HonkMobile, hangTag and clicknpark. Here is the list of Top 10 competitors of HotSpot, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	HonkMobile 2013, Toronto (Canada), Seed	App-based marketplace for parking spaces	$3M	Impression Ventures, Bryker Capital & 3 others	52/100
2nd	hangTag 2015, Canada, Unfunded	Online platform for booking parking space	-	-	43/100
3rd	HotSpot 2013, Canada (United States), Acquired	Provider of app-based platform for transportation services	$250K	New Brunswick Innovation Foundation	43/100
4th	clicknpark 2017, Montreal (Canada), Unfunded	App-based P2P platform offering parking space booking services	-	-	41/100
5th	SmoothParking 2011, Toronto (Canada), Unfunded	App-based platform for booking parking spaces	-	-	38/100
6th	GeoPark 2021, Summerside (Canada), Unfunded	Provider of AI and IoT-based smart parking solutions	-	-	35/100
7th	iStall 2015, Edmonton (Canada), Unfunded	App-based P2P platform for booking parking spaces	-	-	33/100
8th	ParkChamp 2016, Calgary (Canada), Unfunded	App-based platform to book parking spaces	-	-	29/100
9th	Instapark 2016, Toronto (Canada), Unfunded	Provider of aggregator platform to book parking spaces	-	-	25/100
10th	PassagePass 2020, Mississauga (Canada), Unfunded	App-based platform for booking parking spaces	-	-	24/100