Metropolis

Metropolis, an AI-powered platform transforming urban commerce, raised $1.6 billion in debt and equity, valuing the company at $5 billion. The funding will fuel expansion into retail, including gas stations and drive-thrus, leveraging its computer vision technology to redefine customer experiences. Metropolis currently operates the largest parking lot network in the U.S., reaching over 20 million people. The company aims to create a “Recognition Economy” by bridging the digital and physical worlds, offering seamless, ticketless payments and data-driven insights to businesses.