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Overview
Metropolis is a technology-driven facility-management company that focuses on parking solutions using computer vision to enable checkout-free payments. Its system detects vehicles and parking events via cameras and sensors, allowing drivers to pay automatically without stopping at a gate. The platform integrates into real estate operations, Class A office buildings, multi-garage complexes, and valet services to improve asset productivity and streamline operations. Compared with others, Metropolis supports a wide customer base across North America, operates in over 360 cities, processes more than $4 billion in payments annually, and has grown through significant funding rounds and the acquisition of SP Plus Corporation. Its goal is to expand its platform’s capabilities and market reach, helping property owners and managers increase efficiency and revenue by embedding its payment and facility-management tools directly into daily operations.
About Metropolis
Industries
Data & Analytics
Enterprise Software
Fintech
AI & Machine Learning
Company Size
1,001-5,000
Company Stage
Debt Financing
Total Funding
$3.5B
Headquarters
Santa Monica, California
Founded
2017
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Simplify's Take
What believers are saying
- Fresno Yosemite launched contactless parking on 2026-07-14, broadening California airport penetration.
- April 2026 airport rollouts added AeroParker at SLC, MSY, SDF, DSM, and MKE.
- Joby baggage-handling integration and added advisors strengthen mobility partnerships and governance.
What critics are saying
- Tennessee settled on 2026-01-12 for $8.75 million after deceptive-practices allegations.
- A 2026 Texas class action targets Metropolis for contract and product-liability claims.
- If glitches and pricing disputes persist, regulators could cripple trust and airport expansion.
What makes Metropolis unique
- Metropolis owns SP+ after 2024, controlling North America's largest parking network.
- Its computer vision platform enables checkout-free parking across 4,200 locations and 75 airports.
- 2025-11 funding gave Metropolis $1.6 billion to extend recognition into retail and restaurants.
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Funding
Total Funding
$3.5B
Above
Industry Average
Funded Over
7 Rounds
Industry standards
Benefits
Health Insurance
401(k) Retirement Plan
Disability Insurance
Life Insurance
Stock Options
Performance Bonus
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 1%2 year growth
↑ 0%Metropolis Technologies has appointed three advisors as it scales its AI-powered infrastructure. Eric Garcetti, former Los Angeles mayor and US ambassador to India, will advise on public-private partnerships and urban infrastructure. Hugh Wyman Howard III, a retired US Navy rear admiral, will focus on security and critical infrastructure. Jason Park, former DraftKings CFO, will advise on financial strategy. Metropolis operates over 4,200 locations across 40 countries, serving more than 50 million customers annually and processing over $5 billion in transaction volume. The company acquired SP+ for $1.5 billion in 2024, becoming North America's largest parking operator. Metropolis adds over 1 million new members monthly and uses computer vision technology to enable checkout-free payments across mobility, retail, hospitality, and security sectors.
Fresno Yosemite International Airport has partnered with Metropolis to introduce contactless parking across all its lots, launching on 14 July. Travellers can register via app or QR code, enabling automatic vehicle recognition and payment without tickets or kiosks. The partnership builds on an existing relationship, as SP+, a Metropolis company, has operated FAT's parking for decades. The new system follows FAT's record 2.7 million passengers in 2025 and completion of FATforward, its largest modernisation project. FAT becomes California's largest airport to offer the technology. Metropolis operates at approximately 75 US airports and recently launched at Sonoma County Airport. Cash payments remain available through designated lanes.
Metropolis has expanded its aviation services across key US airports, rolling out its AeroParker reservations platform at six regional airports since December 2025, including Salt Lake City International, New Orleans International, and Milwaukee Mitchell International. The company now operates at approximately 75 airports and has launched seamless drive-in, drive-out technology at 10 locations. The parking operator has deployed remote check-in at Phoenix Sky Harbor International Airport and is launching curbside concierge services at George Bush Intercontinental Airport. Metropolis is also partnering with Joby to provide baggage handling for passengers on Blade Urban Air Mobility flights between Manhattan and New York-area airports. Following its $1.5 billion acquisition of SP+ in 2024, Metropolis operates over 4,200 locations across North America, serving 50 million customers annually.
Metropolis Technologies, backed by SoftBank, raised $1.6 billion to expand its AI-powered technology beyond parking lots into sectors like retail and restaurants. The funding includes a $500 million Series D round led by LionTree, valuing the company at $5 billion, and a $1.1 billion loan led by J.P. Morgan. The capital will be used to hire talent and develop products for new verticals. Metropolis aims to create a "Recognition Economy" for seamless transactions.
Metropolis has appointed Lookman Olusanya as its new CFO, effective June 30. Olusanya previously held financial leadership roles at Square, Google Cloud, and AWS. The AI company, known for its checkout-free payment experiences, is nearing a $5 billion valuation as it fundraises. Metropolis serves over 50 million customers, processes $5 billion in annual transactions, and gains 35,000 new members daily.
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About Metropolis
Industries
Data & Analytics
Enterprise Software
Fintech
AI & Machine Learning
Company Size
1,001-5,000
Company Stage
Debt Financing
Total Funding
$3.5B
Headquarters
Santa Monica, California
Founded
2017
Metropolis is Hiring for 703 Jobs on Simplify!
Find jobs on Simplify and start your career today