Skip to main content
Metropolis

Metropolis

AI computer vision for checkout-free parking

PrivateLate StageInfrastructureAmericas
Headquarters🇺🇸 Los Angeles
Employees201-500
Total Raised$1.6B
Last FundedJun 2024

About

Metropolis is an AI computer vision platform enabling checkout-free payments. Founded 2017. Raised $3.5B+ total (debt + equity) including $500M Series D (Nov 2025) at $5B valuation. Acquired SP Plus for ~$1.5B (May 2024) becoming largest parking operator in North America. 4,200+ locations, $5B+ annual transactions, 50M customers. Acquired Oosto (2025). #13 CNBC Disruptor 50.

Key Facts

  1. [1]Funding: Total funding: $1.6B. Last round: Jun 2024. Stage: Late Stage.
  2. [2]Employees: Employee count: 201-500.
  3. [3]Website: Official website: metropolis.io.
  4. [4]AI Technology: Core AI/ML technologies: Infrastructure.
  5. [5]Region: Region: Americas (United States).

Founder

A

Alex Israel

Co-founder & CEO

AI Technology

Infrastructure

AI/ML infrastructure, compute networks, and tooling

Classification

Market Segments

Tech Stack Layers

Details

Last FundingJun 2024
Funding RoundSeries C+
Country🇺🇸 United States

Frequently Asked Questions

What is Metropolis?

Metropolis is an AI computer vision platform enabling checkout-free payments. Founded 2017. Raised $3.5B+ total (debt + equity) including $500M Series D (Nov 2025) at $5B valuation. Acquired SP Plus for ~$1.5B (May 2024) becoming largest parking operator in North America. 4,200+ locations, $5B+ annual transactions, 50M customers. Acquired Oosto (2025). #13 CNBC Disruptor 50. Metropolis is classified in the Banking & Payments segment at the Automation layer of the financial AI stack.

Who founded Metropolis?

Metropolis was founded by Alex Israel (Co-founder & CEO).

How much funding has Metropolis raised?

Metropolis has raised $1.6B in total funding, placing the company at the Late Stage stage. The most recent round closed in Jun 2024. Among 38 funded Banking & Payments companies, Metropolis ranks #9 by total capital raised. (Source: AIFI Map directory.)

What AI technology does Metropolis use?

Metropolis primarily leverages Infrastructure technology. AI/ML infrastructure, compute networks, and tooling. Within the Banking & Payments segment, 5 companies use this technology.

What market segment does Metropolis operate in?

Metropolis operates in the Banking & Payments market segment. AI-powered banking and payments companies are modernizing the core infrastructure of financial services — how money moves, how accounts are managed, and how banking operations are run at scale.

Where is Metropolis headquartered?

Metropolis is headquartered in Los Angeles, United States. The company operates in the Americas region. The team consists of 201-500 employees. United States is home to 324 financial AI companies tracked by AIFI Map.

Who are Metropolis's competitors?

Companies similar to Metropolis in the Banking & Payments space include Greenlite ($20M raised), Stripe ($9.8B raised), Ramp ($2.3B raised), Brex ($1.5B raised), Natural ($10M raised). These companies operate in related areas of financial AI: Greenlite focuses on ai agents that accelerate aml reviews. Stripe focuses on ai-powered payments platform with fraud detection. Ramp focuses on ai-powered corporate cards and spend management. (Based on AIFI Map classification data.)

What products does Metropolis offer?

Metropolis builds automation-layer solutions for the financial services industry. The company's core offering: AI computer vision for checkout-free parking. The platform is powered by Infrastructure technology.