Metropolis secures $1.6B landmark financing
Capital from leading global investors positions Metropolis to continue transforming the real world with AI and building the Recognition Economy.
We're proud to announce that Metropolis has secured $1.6 billion in financing, including a $1.1 billion Term Loan B arranged by JPMorgan Chase Bank, N.A., and a $500 million Series D led by LionTree. The round values Metropolis at $5 billion, underscoring global investor conviction in the company’s mission to build the foundation of the Recognition Economy — an age where the physical world itself becomes intelligent, responsive and personal.
AI for the real world
The real world is messy, analog and full of friction. This is where Metropolis thrives. While most technology has optimized the digital, Metropolis is reimagining the physical, applying artificial intelligence to the real world we actually inhabit. Our platform leverages Computer Vision to eliminate friction and repetition, transforming everyday experiences through recognition and personalization.
Today, Metropolis powers over $5 billion in annual transactions, serves 50 million customers and counts nearly 20 million Members across its growing network. With this new capital, the company will accelerate its expansion in parking, retail, hospitality, fueling and mobility, building an intelligent infrastructure layer that seamlessly connects people to the physical world.
“With this new capital, we’re scaling our platform to realize the full potential of the Recognition Economy — building a world where infrastructure knows you, moves with you and predicts your needs. We’re not just processing transactions; we’re eliminating friction and creating recognition at scale for millions of Members.”
– Alex Israel, CEO and co-founder of Metropolis
Building the Recognition Economy
Modern life is saturated with redundancy — re-entering, re-confirming and re-proving who we are. Metropolis is inverting that paradigm. By replacing repetition with recognition, the company is ushering in a world where presence replaces credentials and identity becomes ambient, not announced.
This transformation represents a profound shift in how humans interact with the physical environment. Metropolis’ technology is embedding intelligence directly into physical infrastructure, turning parking lots, retail spaces, fueling stations and hotels into connected, intuitive environments that recognize context and adapt in real time. The result is not just speed and efficiency, but a restoration of what is uniquely human: time, attention and belonging.
Scaling intelligent infrastructure
The Series D, led by LionTree, attracted participation from BDT & MSD Partners’ affiliated credit funds, DFJ, Eldridge Industries, Slow Ventures, SoftBank Vision Fund 2, Tekne Capital and Vista. Over the past two years, Metropolis has completed three major acquisitions — including the 2024 take-private of SP+, the largest venture-backed M&A transaction of that year, and the 2025 acquisition of Oosto, a pioneer in AI-powered biometrics — establishing an unparalleled foundation for growth.
“Metropolis is demonstrating that AI can be thoughtfully commercialized at real-world scale. From mobility to retail and hospitality, Alex and his team are developing innovative solutions as part of a generational opportunity to create an enduring, smarter environment for consumers. We’re excited by the Metropolis team’s success to date and look forward to supporting the next phase of their growth.”
– Ramin Arani, Head of Investments at LionTree
“Metropolis is demonstrating that AI can be thoughtfully commercialized at real-world scale,” said Ramin Arani, Head of Investments at LionTree. “From mobility to retail and hospitality, Alex and his team are developing innovative solutions as part of a generational opportunity to create an enduring, smarter environment for consumers. We’re excited by the Metropolis team’s success to date and look forward to supporting the next phase of their growth.”
A once-in-a-generation transformation
AI is not just accelerating the world — it is redefining it. Metropolis stands at the frontier of this transformation, where technology no longer lives behind screens but animates the physical world itself. The Recognition Economy represents a shift from repetition to recognition, from friction to intuition — a world where the familiar becomes frictionless, the routine becomes personal and every moment feels personal.
Metropolis is not waiting for that future. We're building it.