Ethan Glass & Nate Dunning, Ocra Co-Founders, Named To Forbes 30 Under 30 2025
Ocra announces that Ethan Glass and Nate Dunning, co-founders of Ocra, have been named to Forbes 30 Under 30 2025 in the Transportation & Mobility category.
In 2019, while they were soccer teammates at Occidental College, Glass and Dunning began day-leasing spaces for parking during events at the L.A. Coliseum.
Listing inventory on third-party reservation channels like SpotHero and ParkWhiz for consumers to book ahead of time boosted revenue, but managing it was labor-intensive, so they developed software to centralize rate and inventory management across multiple channels.
Amid the COVID-19 pandemic, they reached out to 3000+ parking professionals to validate the fragmentation problem and ascertain product market fit. As a result of these conversation, they pivoted to turn their system into a SaaS platform for omni-channel rate and inventory management, powered by sophisticated custom APIs built and maintained by Ocra.
Today, Ocra is a true agnostic partner to 50+ parking operators and asset owners and numerous demand channels including SpotHero, ParkWhiz, and more. The software is live at 600+ locations with 50+ operator partners, with $120mm in GMV and 2.9mm transactions projected to flow through it this year.
Ocra CoPilot, Ocra’s revenue management division, uses internal expertise and data to grow NOI for asset owners without extra labor. For one hotel partner, MCR, Ocra generated $3.4m in gross sales and $2.5m in incremental NOI in 2023. Ocra has raised $4.8 million from backers including MCR and Parker Technology.
Glass and Dunning believe that facilitating the open flow of data between parking technologies is prerequisite to unlocking opportunities with industries like transportation, mobility, hospitality, and real estate that have undergone similar transformations.
Ethan stated, “We are very humbled to be recognized by Forbes 30 Under 30. This is most certainly an entire team Ocra recognition and we share it with all of you that have helped shape this company. We strive to be the rising tide that raises all ships and that is a testament to the community that we have around us. Our team is grateful to Forbes for the recognition and we are only just getting started.”
Click to read more from this Ocra story as well as some insights into their executive mindsets.