Vend built the parking company that property owners always needed
One company that brings the technology, runs the operation, and is accountable for the result. Vend is how the best properties in the country manage parking.
The founding story
Vend started with a simple idea: combine the technology and the operations under one company so the incentives finally line up with the property owner.
The first attempt was to partner with legacy operators and bring them the tech. They weren't interested. Their business model depends on billable hours and manual processes. Automating those away meant automating away their margin.
So Vend went direct. Instead of selling software to operators, Vend became the operator. The company built the AI platform, hired the operations team, and started replacing the legacy model property by property.
%20(1).webp)
Where Vend is today
Series A
Led by Blue Heron Capital, with participation from Nuveen Real Asset Ventures, Communitas Capital, and others. The funding is accelerating expansion into major U.S. markets.
Growth in 24 months
From 3 cities to 15+, with marquee clients including Nuveen, Jamestown, Federal Realty, Harwood International, and BXP.
Average NOI increase
Properties running on Vend see 30-50% lower operating costs and 15-25% higher parking revenue.
.webp)
“Vend is unlocking real value for real estate owners with a platform approach that blends operations and technology. This team is not just modernizing parking, they're creating digital infrastructure for the built world."
Brad Wilner
EVP, CBRE and Vend Board Member
Leadership
.webp)
Co-Founder and CEO
Michael Miele
.webp)
Co-Founder and CTO
Karan Singhal

COO
Pritesh Chandarana
.webp)
Head of Revenue
Tony Albanese
.webp)
Fractional CMO
Lauren Mead
The BEAST values
.webp)
“Our extensive research on the changing landscape of the parking industry revealed a sector undergoing a fundamental change from traditional labor-intensive operations toward digital. What differentiates Vend is their flexible approach to implementation, tailoring to each property's unique operational requirements."
Jeanne Casey
Head of Real Asset Ventures, Nuveen
Join the team rebuilding parking from the ground up
Vend is hiring across sales, engineering, operations, and customer success.
.webp)
Talk to us
Whether you're a property owner exploring Vend or a partner looking to connect, we'd like to hear from you.
