DivcoWest and RXR Realty have contributed to a $41m series A round for the mobility technology developer that has now raised more than $60m.
US-based parking lot management platform Metropolis has secured $41m in a series A round featuring property developers DivcoWest Real Estate Investments and RXR Realty, TechCrunch reported yesterday.
Growth equity firm 3L led the round, which additionally attracted 01 Advisors, Dragoneer Investment Group, Slow Ventures and private investors Dan Doctoroff and Baron Davis.
The company emerged from stealth in 2017 and is developing an artificial intelligence platform which uses computer vision technology to manage automated parking lots.
Through Metropolis’s mobile app,…
