News
Metropolis Closes $1.8 Billion Financing and Completes Transformational Take-Private of SP Plus Corporation
Metropolis Technologies ("Metropolis") has closed $1.8 Billion financing and completes transformational take-private of SP Plus Corporation.
Metropolis Technologies, Inc. to Acquire SP Plus Corporation for $1.5 Billion
Metropolis Technologies ("Metropolis") and SP Plus Corporation (Nasdaq:SP) ("SP+") today announced that they have entered into a definitive agreement under which Metropolis will acquire SP+.
TechCrunch: AI-powered parking platform Metropolis raises $1.7B to acquire SP Plus
TechCrunch: AI-powered parking platform Metropolis raises $1.7B to acquire SP Plus.
Built in LA: Metropolis Secures $1.7B Series C, Announces $1.5B Acquisition of SP Plus
Built in LA: Metropolis Secures $1.7B Series C, Announces $1.5B Acquisition of SP Plus
Los Angeles Times: Metropolis Technologies, Inc. to Acquire SP Plus Corporation for $1.5 Billion
Los Angeles Times: Metropolis Technologies, Inc. to Acquire SP Plus Corporation for $1.5 Billion
Crunchbase: Checkout-free parking startup Metropolis will take logistics firm SP Plus private in the biggest M&A transaction of the year by a VC-backed company
Crunchbase: Checkout-free parking startup Metropolis will take logistics firm SP Plus private in the biggest M&A transaction of the year by a VC-backed company
E-Commerce Times: Post-Pandemic E-Commerce Signals Refocus on Omnichannel Operations
E-commerce is integrating into daily routines not directly associated with online shopping, leading to a significant burst of interest in e-commerce-like systems for the built environment.
Built in LA: Inside Metropolis’ Big Funding Announcement
Among LA’s rising tech stars? Metropolis Technologies.
The artificial intelligence and computer vision company recently affirmed its continued ascent by announcing a $167 million round of Series B funding, backed by 3L Capital and Assembly Ventures.
Metropolis Raises $167M Series B
By bringing urban mobility infrastructure online, we are knitting disconnected parts of the everyday journey into a remarkable experience: one commute, one morning coffee, one grocery run at a time. Together, we have an unprecedented opportunity to reshape the way people experience their cities.
TechCrunch: AI-powered parking platform Metropolis bags $167M
Metropolis, a startup building payment infrastructure for parking facilities, today announced that it raised $167 million in a Series B round co-led by 3L Capital and Assembly Ventures with participation from Dragoneer, Eldridge Industries, Silver Lake Waterman, UP Partners and former deputy mayor of New York Dan Doctoroff.
Metropolis Acquires Best-in-Class Parking Operator Premier Parking
By bringing urban mobility infrastructure online, we are knitting disconnected parts of the everyday journey into a remarkable experience: one commute, one morning coffee, one grocery run at a time. Together, we have an unprecedented opportunity to reshape the way people experience their cities.
Urbanize: The Last Bastion of Under-Monetized Real Estate
A massive opportunity for landlords to drive net operating income and improve tenant experience.
Metropolis Raises $41M Series A
We’re bringing the antiquated and inefficient parking experience into the 21st century. While technology powers our lives and fuels our dreams of flying cars and robot taxis… how we park remains hopelessly analog. At Metropolis, we’ve developed an artificial intelligence platform, leveraging computer vision technology to connect all the pieces of the messy parking world so that you — the consumer — can finally have a seamless, checkout-free parking experience.