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Municipal Parking Services

MINNETONKA, MN · Information Technology, Software · 74 employees

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 pla

Funding history

  • Series seed — $500K — Sep 2025
  • Series seed — $650K — Feb 2025
  • Funding Round — $11.2M — Nov 2024
  • Series pre-seed — $150K — Sep 2024
  • Series pre-seed — $100K — Nov 2023

Recent signals

  • Sep 09, 2025: Raised $500K in Series seed
  • Feb 18, 2025: Raised $650K in Series seed
  • Nov 19, 2024: Raised $11.2M
  • Sep 17, 2024: Raised $150K in Series pre-seed
  • Nov 29, 2023: Raised $100K in Series pre-seed
  • Jun 12, 2023: Raised $2.5M
  • Oct 04, 2022: Raised $492K
  • Sep 09, 2022: Raised $7.7M

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