Metropolis
Category: Computer Vision
Metropolis is an AI-powered parking platform that uses computer vision to enable checkout-free payment experiences in parking facilities. Metropolis was founded in 2017. The company is led by Alex Israel. Based in Santa Monica, CA, USA. Team size: 23,000+. Total funding raised: $3.5B. Latest round: Series D. Key investors include ["LionTree","BDT & MSD Partners","DFJ","Eldridge Industries","Slow Ventures","SoftBank Vision Fund 2","Tekne Capital","Vista","3L Capital","Vista Credit Partners","Temasek","Assembly Ventures","Silver Lake Waterman","Dragoneer Investment Group","UP Partners"].
- Founded
- 2017
- Headquarters
- Santa Monica, CA, USA
- Team size
- 23,000+
- Total funding
- $3.5B
Value proposition
Metropolis provides seamless, automated parking experiences that increase efficiency and revenue for parking facilities.
Products and solutions
Computer vision systems for parking, Automated payment solutions, Parking management software, Aviation baggage services (Bags VIP), Biometric security solutions
Unique value
Metropolis uses advanced computer vision technology to automate parking payments and management, providing a frictionless experience for users.
Target customer
Parking facility operators and real estate owners.
Industries served
Real estate, Parking management, Urban mobility, Aviation, Retail, Hospitality, Fueling
Technology advantage
The platform's AI-driven technology allows for seamless transactions without the need for physical payment methods.
How they differentiate
Metropolis focuses on AI and computer vision to provide a seamless parking experience, unlike traditional parking management solutions.
Main competitors
ParkMobile, REEF Technology
Key partnerships
["Uber","SP Plus Corporation","Joby Aviation"]
Major milestones
Acquisition of SP Plus Corporation (2024) Acquisition of Oosto (2025) $1.6B Series D financing at $5B valuation (Nov 2025) Partnership with Joby Aviation for 25 vertiports (Dec 2025) Expansion to over 4,200 locations Processing over $5 billion in payments annually
Growth metrics
Metropolis operates over 4,200+ locations across North America, processes over $5 billion in annual transactions, serves 50 million customers, and has nearly 20 million Members.
Market positioning
Metropolis is positioned as a leader in AI-powered parking solutions, with significant market presence in North America.
Geographic focus
Primarily focused on North America, with plans for broader expansion.
Patents and IP
Not specified in the sources.
About Alex Israel
Alex Israel is a seasoned entrepreneur in the mobility and technology sectors. He co-founded and served as the Chief Operating Officer of ParkMe, a digital parking platform that was acquired by INRIX. In 2017, he co-founded Metropolis, where he currently serves as the CEO, leading the company's mission to revolutionize the parking industry through AI and computer vision.
Official website: https://www.metropolis.io/