Credit: Boston Business Journal

Parking in Boston: we need and it and it can be hard to find and expensive.  Spot Park puts private parking space owners in touch with those looking to rent them and charges a 15% fee.  Boston has been the pilot city and having just raised under $1M Spot Park will be expanding to 7 other U.S. cities.

Founder and CEO Braden Golub notes in the Boston Business Journal that Spot Park “‘now has 14,000 Boston users…this is a perfect test market for us, because Boston is notoriously difficult to find parking in,’ Golub said in an interview. ‘We think if we can make it work here, we can make it work in other cities’…Through its mobile app, the company allows drivers to book and pay for hundreds of Boston-area parking spots available from homeowners and apartment-renters. Spot Park takes a 15 percent cut off of every transaction.”

You can read the full article on the BBJ, here.