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Metropolis raises $167m in Series B funding

Los Angeles based developer of payment infrastructure for parking facilities raised $167m in Series B funding led by 3L Capital and Assembly Ventures.

“Metropolis is a mobility commerce company, building infrastructure that allows us to transact in the physical world with the seamlessness and ease we experience online,” Israel told TechCrunch via email. “Our platform powers more than 600 parking facilities, we have more than 1.8 million users, and we connect both to thousands of surrounding restaurants, coffee shops and retail stores in more than 60 cities.”

Tags

payments, infrastructure