Meter Feeder builds a parking payment app and payment platform to collect curb and fleet parking payments. The company offers its app in 35 locations and has partnered with transportation fleet companies to ensure vehicles within those firms pay for parking. It fully launched its Pittsburgh presence last August and reported growth of "just north of 8% week over week" earlier this year. The startup is testing new features to deploy later this year and plans to "future-proof" its software and payment platform to help cities maintain parking revenue during disruptions. Meter Feeder plans to use new funding to expand its headcount from nine to about 15, hiring business development and sales staff (likely outside Pittsburgh) while keeping technical hires local. CEO Jim Gibbs said the company is targeting a 10x revenue increase this year if trends continue.

Total raised

$3M

Funding rounds

1

Latest round

Seed

Latest activity

Apr 2022