Metropolis announced a $1.6 billion capitalization comprised of a $1.1 billion Term Loan B arranged by JPMorgan and a $500 million Series D led by a LionTree-managed fund, valuing the company at about $5 billion. The AI infrastructure firm, known for computer-vision powered, checkout-free real‑world transactions, said capital will support expansion into retail, hospitality, and fueling. The company cited momentum from acquisitions including SP+ (2024) and biometrics firm Oosto (2025), with more than $5 billion annual transaction volume across 4,200+ locations and nearly 20 million members.
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