FLASH Secures Over $250 Million in Round Led by Vista Equity Partners to Advance Connected Mobility Ecosystem

▤ Summary

Through integrations with most major automakers, entertainment and hospitality leaders, and every global mapping, navigation, and payment platform, FLASH connects its clients seamlessly with hundreds of millions of potential customers. We are thrilled to welcome Vista as an investor and partner whose expertise and experience will ensure we continue innovating to advance the connected mobility experience.” Today, FLASH solutions are used at over 10,000 customer locations across all major U.S. cities and Canada, processing more than 11 million parkers per month and over $1 billion in annual transactions. “We see massive growth opportunities for FLASH based on market dynamics such as accelerating digitization and the proliferation of connected and electric vehicles, and we believe they are strongly positioned to capitalize on the shift towards a more efficient and sustainable future for mobility.” “L Catterton is honored to have been a part of FLASH’s remarkable growth over the past few years, and we are excited to welcome Marc, Aaron, and the rest of Vista’s exceptional team and capabilities into the Company,” said Matt Nugent, a Partner at L Catterton. “FLASH is uniquely positioned to facilitate a rapid and necessary evolution across the mobility landscape, to enable the growth of its many customers, and to provide a compelling, fully-digitized, seamless experience to millions of consumers. Vista believes the transformative power of technology is the key to an even better future – a healthier planet, a smarter economy, a diverse and inclusive community and a broader path to prosperity.

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