How Much Did Meter Feeder Raise?
Funding & Key Investors

Meter Feeder has secured significant enterprise-level funding, with a recent strategic investment bringing its total capital raised to $2.7M. The latest funding round, which occurred on April 19, 2022, is part of a major strategic investment, indicating a pivotal growth phase for the company. The exact amount of this recent capital injection is represented by $2.6M.

What is Meter Feeder?

Meter Feeder
SoftwareEnterprise Resource Planning (ERP)

Meter Feeder operates an administrative web-portal designed for authorities to effectively monitor and manage their parking enforcement operations. This platform aims to streamline the complexities of parking management, providing a centralized system for oversight and control. The company's focus on administrative tools for municipal services positions it within the smart city and public sector technology market.

How much funding has Meter Feeder raised?

Meter Feeder has raised a total of $2.7M across 2 funding rounds:

2021

Debt

$60K

2022

Angel/Seed

$2.6M

Debt (2021): $60K with participation from PPP

Angel/Seed (2022): $2.6M led by Precursor Ventures and Trucks Venture Capital

Key Investors in Meter Feeder

Precursor Ventures

Precursor Ventures is a venture capital firm focused on pre-seed and seed stage investments, known for prioritizing founders and building long-term relationships. They invest early in promising companies, aiming to support entrepreneurs from the inception of their ventures.

Trucks Venture Capital

Trucks Venture Capital is an investment firm that has participated in Meter Feeder's funding rounds. Further details on their specific investment focus or stage preference are not provided in the available data.

PPP

Public-Private Partnership

What's next for Meter Feeder?

The substantial enterprise-level funding, coupled with a recent strategic investment, suggests Meter Feeder is poised for significant scaling and market expansion. This capital infusion will likely be directed towards enhancing its platform's capabilities, broadening its service offerings, and increasing its footprint within municipal and governmental sectors. The company's trajectory indicates a move towards solidifying its position as a key player in parking enforcement technology, potentially exploring new features or integrations to further optimize urban mobility and revenue management for its clients.

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Frequently Asked Questions Regarding Meter Feeder Financial Insights

What are the most recent funding rounds that Meter Feeder has completed, and what were the funding rounds?
Meter Feeder has recently completed 2 funding rounds: Angel/Seed on Apr 19, 2022, Debt on Jan 27, 2021.
What is the total amount of funding Meter Feeder has raised to date?
Meter Feeder has raised a total of $2.7M in funding to date.
How many funding rounds has Meter Feeder completed?
Meter Feeder has completed 2 funding rounds.
How much funding did Meter Feeder raise in its most recent funding round?
Meter Feeder raised $2.6M in its most recent funding round.
Who are the lead investors in Meter Feeder's latest funding round?
The lead investor in Meter Feeder's latest funding round was Precursor Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Meter Feeder's history?
The largest funding round in Meter Feeder's history was $2.6M.
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