# T2 Systems

T2 Systems is an Asset Manager based in Indianapolis, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Indianapolis, United States
- **Region:** North America
- **Address:** 8900 Keystone Crossing, Suite 1200, Indianapolis, IN 46240
- **Founded:** 1994
- **Assets under management:** Undisclosed
- **Website:** t2systems.com
- **LinkedIn:** https://www.linkedin.com/company/t2-systems

## Regulatory record

- **Reports private funds:** No

## About

Discover industry-leading parking management solutions from T2 Systems. Streamline operations, enhance compliance, and improve the parking experience with our innovative technology.

## Sectors

- Mobility & Transportation
- Enterprise Software
- Real Estate

## Offices

- Burnaby, BC, Canada

## People

- Lin Bo — Sr. Vice President
- Matt Alameda — Sr. VP Finance
- David Grimwood — Sr. VP Technology
- Tommy Kinsman — VP Operations
- Mindy Powers — Head of Commercial Sales
- Matt Howard — Head of Product
- Lindsey Danz — Director of Human Resources

## Questions

### Who runs day-to-day operations at T2 Systems?

Senior Vice President Lin Bo leads T2 Systems, with a named leadership team spanning finance (Matt Alameda), technology (David Grimwood), operations (Tommy Kinsman), sales (Mindy Powers), product (Matt Howard), and human resources (Lindsey Danz). The firm operates as a division of Verra Mobility, which acquired T2 in 2021.

### How does T2 Systems generate revenue?

T2 generates revenue through software licensing, transaction processing fees, hardware sales (pay stations, LPR cameras), and ongoing maintenance and support contracts. Its platform bundles permit management, enforcement, PARCS, mobile payments, and citation collection, serving universities, municipalities, private operators, healthcare systems, and airports.

### What does the 2021 Verra Mobility acquisition mean for T2's structure?

The acquisition folded T2 into a public company structure. T2 now operates with the financial backing and reporting obligations of Verra Mobility but retains its own brand, leadership, and customer-facing operations. The deal converted a 27-year-old founder-led private company into a public-company division.

### Which customer segments does T2 serve?

T2 serves universities and colleges (permit management), municipalities (enforcement and smart-parking), private operators, corporate campuses, hospitals and healthcare systems, and airports. Its largest installed base is in higher education and local government across the United States and Canada.

### Does T2 Systems make direct investments in external companies?

There is no public evidence that T2 makes direct investments in external companies. As an operating subsidiary of Verra Mobility, its capital allocation is governed at the parent level and directed toward organic product development and integration, not a fund-style investment portfolio.

### What is T2 Velocity?

T2 Velocity is T2’s unified gateless access and revenue control system. It combines license plate recognition, transient payment processing, permit management, enforcement, and collections into a single platform, targeting operators that want to remove physical gate infrastructure while maintaining revenue integrity.

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Last updated: 2026-06-03T20:00:00.000Z

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