Metropolis
Autonomous commerce platform for urban mobility
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To disrupt traditional city infrastructure to empower the future of urban mobility.
Employees
501-1000
HQ Location
Downtown, Santa Monica, CA
OTTA INSIGHTS
Few candidates hear
back within 2 weeks
7% employee growth in 12 months
Xav Kearney
CTO of Otta
Driven by computer vision and AI technology, Metropolis offers a frictionless parking and checkout experience for drivers by making their cars their wallets. By removing the need for physical tickets and pay machines, Metropolis gives property owners a way to maximize the financial performance of their parking assets and provide a more modern service to their customers.
Co-founder and CEO, Alex Israel, was a previous founder at ParkMe, the world’s largest database of real-time parking information. Alex sold ParkMe to INRIX, the leading traffic intelligence provider. Further, following Metropolis' Series B fundraise of $167M and its nationwide partnership with Premier Parking, one of the largest parking providers in the industry and rideshare giant Uber, the platform is expanding rapidly. It's also investing in analytics and business marketing to aid its expansion.
Metropolis is a pioneer in its category, only competing - or partnering - with legacy parking companies in an effort to optimize the overall parking industry structure. A key strength for Metropolis is its ambition to use parking as a building block for a wider range of future mobility solutions, such as the deployment of autonomous vehicles, cleaning and charging stations, and infrastructure for eVTOLs (electric aircrafts). The company is also exploring interesting new features such as dynamic pricing, which would allow property owners to make the most of demand surges with an Uber-style pricing mechanism.
Last 2 fundraises
Jun 2022
$167m
SERIES B
Oct 2023
$1.1bn
SERIES C
This company has top investors
Company benefits
Founders
Alexander Israel
(CEO)Former Vice President & General Manager at INRIX. Co-founder and former COO at ParkMe. BA in Business & Economics at University of Puget Sound.
Travis Kell
(CFO)Former Senior Vice President at Winton Group. Previously Director of Hedge Fund Solutions at BlackRock. BA in Business at University of Puget Sound.
Courtney Fukuda
(Chief of Staff)Formerly hedge fund solutions group at BlackRock. Managed senior relationships with sovereign wealth fund, central banks and other major institutional investors. BA in Economics at Yale University.
Peter Fisher
(CCO)Formerly growth equity Investor at Transamerica Investment Management, BA in Political Science at Boston College.
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Software Engineering