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From School Dropout To Creating A Million-Dollar App: The Story Of Jim Gibbs

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Jim Gibbs is the co-founder of Meter Feeder, a Pittsburgh-based parking payment app that allows vehicles to pay for parking through an integration between the vehicle and a city’s metering system.

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According to technical.ly, he co-founded Meter Feeder with Daniel Lopretto in 2015 after winning a hackathon with nearly 300 participants and winning the grand prize of $10,000.

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The company began in Dormont and later expanded to the Pittsburgh area. Since then, the company has expanded to cities such as Homestead, Sewickley, Carnegie, and Brentwood. Furthermore, the company has operations in Rhode Island, New Jersey, Ohio, and Philadelphia, with plans to expand into larger cities in the future.

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Meter Feeder received $100,000 from Google Black Founders in 2021 after graduating from Y Combinator in 2016. According to Forbes, the company now employs 15 people and generates millions of dollars in revenue. Paul Buchheit, the state’s Innovation Works, Mountain State Capital, Precursor Ventures, and Trucks Venture Capital have also contributed $4.1 million to the company.

Prior to creating Meter Feeder, Gibbs had a long career in software engineering. He claims to have been writing software since 1983. Investors, on the other hand, were skeptical of him because he was underselling.

Gibbs, who was born in Long Island to a painter and a secretary, dropped out of Carnegie Mellon University due to a lack of funds. He later broke danced for money to buy books. According to Forbes, he also worked data entry and coding jobs in between semesters at school.

“For some strange reason, I couldn’t get software development jobs,” he told Forbes. However, when he eventually secured a job building medical software, he dropped out of school, marking the start of his software career.

According to Forbes, the tech entrepreneur is also discussing potential applications of Meter Feeder’s API, which allows money to be transferred via Internet-connected devices, with car manufacturers and the federal government.

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Written by How Africa News

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