ParkMe In 2007, Israel founded the digital parking platform ParkMe. He served as
chief product officer and chief operating officer. The platform allows users to find and reserve parking spaces online, and pay for them digitally. and launched a mobile app. ParkMe was acquired in 2015 by
INRIX, a spinoff of
Microsoft Research which had previously been a partner of ParkMe since 2012.
Metropolis Technologies Israel serves as CEO of
Metropolis Technologies, which he co-founded in 2017. The company uses
computer vision to recognize users and their vehicles, enabling it to process contactless payments and manage infrastructure as part of a "recognition economy". As of 2021, it operated in 600 different locations in the United States, and had offices in cities like San Francisco, Seattle, and
New York City. The company raised $41 million in funding for this expansion. That year, the company also entered a partnership with
Uber. Under Israel, the company has adopted a growth buyout strategy of acquisition supported by investments from venture capital firms. The company acquired the Nashville based company Premier Parking in 2022. In 2024, it acquired
SP Plus Corporation for $1.5 billion as part of a
growth buyout strategy, which plans to leverage SP Plus' growth. It raised $1.8 billion in funding for this acquisition, led by venture capital firms and institutional investors such
Eldridge Industries, 3L,
BDT & MSD Partners, Vista Credit Partners,
Temasek, Slow Ventures and Assembly Ventures. At the time of the acquisition, SP Plus had over 20,000 employees and 3,300 locations in North America. The acquisition made Metropolis the largest parking operator in North America. It has over 4,200 locations as of 2025. The company raised an additional $1.6 billion in funding in 2025, led by
LionTree, to begin providing its AI payment platform to companies in the fast food, gas station, and hotel industries. Israel described the company's expansion into retail payments as part of the emergence of the "recognition economy" as artificial intelligence is increasingly used in daily life. == Awards and recognition ==