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Metropolis Technologies

AI Native
AI Classification
AI is foundational, and the product wouldn't exist without it.

Largest US parking network using AI computer vision for checkout-free payments at 4,200+ locations

Total Funding

$1.6B

Founded

2017

Headquarters

Los Angeles, United States

Industry Vertical

Transportation & Mobility

Technology Segments

PaymentsAutonomous Vehicles

About

Metropolis Technologies is the leader in applied AI for the real world, pioneering the 'Recognition Economy' by using computer vision and AI to enable seamless, checkout-free payment experiences in the physical world. Founded in 2017 in Venice, Los Angeles by Alex Israel (CEO), Travis Kell, Peter Fisher, and Courtney Fukuda from a co-founder's garage, the company uses computer vision and deep learning to recognize vehicles and process payments automatically. Following the 2024 take-private acquisition of SP+, Metropolis is now the largest parking network in North America with 4,200+ locations and operations in 40 countries, processing more than $5 billion in annual transaction volume.

The company has over 23,000 employees and adds more than one million new members per month. In 2025, Metropolis acquired Oosto, a pioneer in AI-powered biometrics. The company ranked No.

13 on the 2025 CNBC Disruptor 50 list.

Funding Rounds

1
DateRoundAmount
2025-11-06Series D + Debt$1.6B

Investors

9
LionTree (Series D)JP Morgan Chase Bank (Term Loan B)BDT & MSD PartnersDFJEldridge IndustriesSlow VenturesSoftBank Vision Fund 2Tekne CapitalVista

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