Metropolis Technologies (Series C)
Funding Details
Awarder
RSS - americanentrepreneurship.com
Date Award
August 2, 2024
Vertical
Parking Technology
Funding URL
View Funding Page
Funding Amount
$1,800,000
Company Info
Founding Year
2017
Traction
Metropolis now has North America's largest parking network, servicing thousands of locations and reaching over 50 million consumers.
Revenue Amount
$4,000,000
Organizations Involved
SP Plus Corp., Premier Parking
Founders
Alexander Israel, Courtney Fukuda, Peter Fisher, Travis Kell
Market
Real Estate
Location
US
Coinvestors
Eldridge Industries, BDT & MSD Partners, Vista Credit Partners, Temasek, 3L
Company Description

Metropolis Technologies enhances parking experiences through its AI-driven platform, enabling checkout-free services at over 4,000 locations. The company has developed a growth buyout model that leverages technology to transform legacy parking operations, aiming to improve daily lives and drive value for real estate partners.

Links
Website
Back to HomeBack to Parking Technology DealsView Funding Announcement