Municipal Parking Services announced it raised $492,000 in an initial filing from an offering of $10 Million
Municipal Parking Services announced it raised $492,000 in an initial filing from an offering of $10 Million
10/04/22, 3:40 PM
Location
minnetonka
Money raised
$492,000
Industry
information technology
Round Type
seed
Company Info
Location
12450 wayzata boulevard, suite 200
minnetonka, minnesota, united states
Additional Info
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 ecofriendly, connected, and most importantly safer with MPS’ intelligent infrastructure platform.