Municipal Parking Services, Inc. reported raising $11.2 Million in an initial SEC Form D filing, from an offering of $2.05 Million
PRIVATEJan 20, 2021
Amount Raised
$11.2 Million
$11.2 Million sold, per SEC Form D (first sale Jan 20, 2021)
Round Type
Venture
MinnetonkaInformation TechnologySoftware
Quick answer
Municipal Parking Services raised $11.2 Million in a funding round, dated January 20, 2021. Municipal Parking Services is based in Minnetonka, Minnesota, United States.
How much did Municipal Parking Services raise?
Municipal Parking Services raised $11.2 Million in a funding round on January 20, 2021.
What does Municipal Parking Services do?
Municipal Parking Services Inc. (MPS) is an innovative technology company providing smart, internet-connected parking solutions and cloud-enabled parking compliance services to cities, municipalities, and university..
Where is Municipal Parking Services based and how big is it?
Municipal Parking Services is based in Minnetonka, Minnesota, United States. Fundz records about 74 employees.
Source: Fundz verified event record.
Who else raised in Software around the same time
Companies in the same sectors as Municipal Parking Services that raised within 45 days of this round, from Fundz verified event records.
Exscientia raised $100M (Series C) on March 4, 2021.
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Company Information
Company
Municipal Parking Services
Location
1000 Boone Avenue North
Minnetonka, Minnesota, United States
About
Municipal Parking Services Inc. (MPS) is an innovative technology company providing smart, internet-connected parking solutions and cloud-enabled parking compliance services to cities, municipalities, and university systems across North America.
The company’s patented License Plate Recognition technology platform is deployed on streets and in garages in over 150 locations in 35 cities. The platform offers innovative payment and enforcement solution options that produce improved compliance and increases in overall parking receipts for cities, higher ed, and property management professionals.
Cities are becoming smarter, more connected, and most importantly safer with MPS’ intelligent infrastructure platform.
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