Austin Startup Flash Valet Raises $1.25 Million

Flash Valet is an Austin-based startup that makes is easier for people to retrieve their cars from valet parking. The company recently raised $1.25 million in its first investment round from Austin Ventures, G51 Capital, Trellis Partners, and 186K Ventures.

The seven-person company was founded last year, and is developing a mobile application that makes the valet process faster and more efficient for valet operators. The app works by letting motorists text their valet service when they're ready for their car. The app also lets drivers pay for parking and tip electronically.

Read more about Flash Valet here.

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