Tuesday, February 16, 2021

Metropolis Finds Huge, $41M Funding Round

Los Angeles-based Metropolis, a new startup focused on parking, has raised a huge, $41M Series A funding, the company announced on Tuesday. The startup--led by parking startup veteran Alex Israel--said the funding was led by 3L, and also included 01 Advisors, Dragoneer and Slow Ventures, plus real estate investors Starwood, RXR, DivcoWest and Dan Doctoroff. The company says it has now raised $60M in total funding. Israel is the co-founder of parking startup ParkMe, which was acquired by Inrix back in 2015.

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