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Metropolis Funding Rounds & Valuation History (2021–2025)

Private Valuation & Funding Round Tracker · Metropolis

Metropolis funding rounds & valuation history

Metropolis Technologies, the Los Angeles AI and computer-vision parking and checkout-free payments company. Funding from the Series A (Feb 2021) to the Series D (Nov 2025), sourced to Metropolis, CNBC and TechCrunch.

Last updated: (IST). Every figure re-checked against the linked sources that day. Rows: 4 Currency: US$, nominal
⬇ Download CSV Cite this dataset Methodology & status definitions
Last closed round Closed
~$5B
~$500M Series D, Nov 2025
Raised in rounds listed
$1.758B
Sum of 4 closed rounds with a disclosed amount (GNF calc.)
Largest round
$1.05B
Series C preferred, Oct 2023
Closed rounds listed
4
Feb 2021 to Nov 2025

Round history

Newest first. Dashed badges and striped rows are not closed transactions. “—” means the source does not disclose the figure or it cannot be computed on the same basis; see the note in each row.

Showing 4 of 4 rows
Metropolis funding rounds, Feb 2021 to Nov 2025
DateStatusRoundAmountLead / buyerValuationVal. ÷ run-rateSource
Closed round
Series DPart of a $1.6B financing; the other $1.1B is a JPMorgan-arranged Term Loan B (debt), which is not a row.
~$500M
A fund managed by LionTreeWith: BDT & MSD Partners’ affiliated credit funds, DFJ, Eldridge Industries, Slow Ventures, SoftBank Vision Fund 2, Tekne Capital, Vista
~$5BValuation stated by Metropolis (“approximately $5 billion”)
—Not disclosedNo run-rate stated in the announcement
Metropolis, 6 Nov 2025Also: CNBC, 6 Nov 2025
Closed round
Series C preferredCommitted financing for the SP Plus take-private (Metropolis paid about $1.5B for SP+). Only the $1.05B Series C preferred equity is a row; the $650M of loans is debt.
$1.05B
Eldridge, 3L CapitalWith: BDT & MSD Partners’ affiliated credit funds, Temasek, Slow Ventures, Assembly Ventures and others
Not disclosedNo valuation disclosed
—Not disclosedNo run-rate stated in the announcement
Metropolis, 5 Oct 2023Also: TechCrunch, 5 Oct 2023
Closed round
Series B
$167M
3L Capital, Assembly Ventures
Not disclosedNo company valuation stated by the source
—Not disclosedNo run-rate stated in the announcement
Metropolis, 15 Jun 2022
Closed round
Series A
$41M
3LWith: 01 Advisors, Dragoneer, Slow Ventures
Not disclosedNo company valuation stated by the source
—Not disclosedNo run-rate stated in the announcement
Metropolis, 16 Feb 2021Also: TechCrunch, 16 Feb 2021
Step-up = valuation ÷ the prior closed valuation (GNF calc.), shown only where both figures were stated or reported and neither is a lower bound.

Amount raised in each closed round

Amounts raised, not valuations: only the Series D has a disclosed valuation (~$5B). Debt is not plotted.

Sources: Metropolis, CNBC, TechCrunch. US$ billions, linear scale.

Timeline

Each round and share sale, oldest first.

  1. 16 Feb 2021 · Closed

    Series A: $41M led by 3L.

  2. 15 Jun 2022 · Closed

    Series B: $167M led by 3L Capital, Assembly Ventures.

  3. 5 Oct 2023 · Closed

    Series C preferred: $1.05B led by Eldridge, 3L Capital.

  4. 6 Nov 2025 · Closed

    Series D: ~$500M at ~$5B led by A fund managed by LionTree.

Still private: Metropolis has not filed for an IPO and is not owned by a listed company. It is itself an acquirer: it took SP Plus (then Nasdaq-listed) private in 2024 and bought Oosto in 2025.

Cite this dataset

Free to quote with a link back. Copy this citation:

Metropolis Funding Rounds & Valuation History. Private Valuation & Funding Round Tracker, GrowthNavigateFunding.net, updated 13 Nov 2026. https://growthnavigatefunding.net/funding/metropolis/

Download the data

The same 4 rows as the table: numeric US$ columns, empty cells where a figure is not disclosed, and a source URL for every row.

File
metropolis-rounds.csv (UTF-8, comma-separated)
Stable URL
https://growthnavigatefunding.net/wp-content/uploads/2026/11/metropolis-rounds.csv
Columns
id, date, date_precision, status, transaction_type, round, amount_usd_low, amount_usd_high, lead_or_buyer, co_leads, valuation_usd_low, valuation_usd_high, valuation_basis, valuation_to_run_rate_multiple, multiple_bound, multiple_basis, step_up_vs_prior_closed, price_per_share_usd_low, price_per_share_usd_high, shares, source, source_url, other_source_urls, notes, last_updated
Updated
(IST)
⬇ Download CSV

Methodology & status definitions

How each row is labelled and calculated.

Closed round

A primary round announced by the company or confirmed in the press, bringing new money to the company.

Valuation ÷ run-rate

Post-money valuation ÷ the run-rate the company stated in that announcement (GNF calc.). Where the run-rate is “crossed” or “over” a figure, the multiple is shown as “under X×”. No row qualifies here unless shown, so no multiple is invented.

What is not a separate row

Term loans and other debt ($650M in 2023; $1.1B Term Loan B in 2025); pre-Series A seed funding (Metropolis said it had raised more than $60M in total by the Series A); acquisitions made by Metropolis.

Updates & corrections

This page stays at one address and is updated in place; the “Last updated” date above drives the citation and the dataset metadata. Corrections: hello@growthnavigatefunding.net. Informational only; not investment advice.

Changelog

  • : Dataset first compiled (batch 4, not yet published).

Sources

  1. Metropolis: Metropolis secures $1.6B landmark financing, 6 Nov 2025
  2. CNBC: AI startup Metropolis, biggest parking lot network in U.S., raises $1.6 billion for major retail expansion, 6 Nov 2025
  3. Metropolis: Metropolis Technologies, Inc. to Acquire SP Plus Corporation for $1.5 Billion, 5 Oct 2023
  4. TechCrunch: AI-powered parking platform Metropolis raises $1.7B to acquire SP Plus, 5 Oct 2023
  5. Metropolis: Metropolis Raises $167M Series B, 15 Jun 2022
  6. Metropolis: Metropolis Raises $41M Series A, 16 Feb 2021
  7. TechCrunch: LA-based Metropolis raises $41 million to upgrade parking infrastructure, 16 Feb 2021