About Bestpass
Bestpass is a company based in Albany (United States) founded in 2001. Bestpass has raised $119.12 million across 3 funding rounds from investors including Sixth Street Specialty Lending, Insight Partners and Susquehanna Growth Equity. Bestpass has completed 3 acquisitions, including Drivewyze, ExpressTruckTax and Fleetworthy Solutions. Bestpass offers products and services including Toll Management Platform and Transponder Coverage. Bestpass operates in a competitive market with competitors including Relay Payments, tapNpay, Peach Pass, GoToll and NextPass, among others.
- Total Equity Funding$119.12M (USD)
in 3 rounds
- Latest Funding Round$100M (USD), Private Equity Round
Jun 2023
- InvestorsSixth Street Specialty Lending
& 2 more
- Investments & AcquisitionsDrivewyze
& 2 more
Products & Services of Bestpass
Bestpass offers a comprehensive portfolio of products and services, including Toll Management Platform and Transponder Coverage.
Platform for consolidating toll payments and data for fleets.
Provides toll road devices and regional coverage for vehicles.
Apps and channels of Bestpass
its YouTube channel Bestpass has 210 subscribers and 11 videos.
Videos from Bestpass
The most watched videos on Bestpass's YouTube channel, Bestpass (210 subscribers). Click a video to play it here.
More on Bestpass.
Funding Insights of Bestpass
Bestpass has successfully raised a total of $119.12M across 3 strategic funding rounds. The most recent funding activity was a Private Equity Round of $100 million completed in June 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $119.12M
- Total Rounds 3
- Last Round Private Equity Round — $100M
- First Round $19.12M
(Jul 2019)
- Investors Count 3
All 3 funding rounds of Bestpass with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2023 | $100M | Private Equity Round | – | Insight Partners, Susquehanna Growth Equity | – |
| May 2023 | – | Debt – Conventional | – | – | |
| Jul 2019 | $19.12M | Series B | – | – | – |
3 investors in total: 3 institutional.
Investors in Bestpass
Bestpass has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Sixth Street Specialty Lending, Insight Partners and Susquehanna Growth Equity.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment firm scaling software and technology companies from early to late stages. | – | insightpartners.com | - | |
Private equity firm | – | sgep.com | Bala Cynwyd, United States | |
Investment management firm | 2009 | sixthstreetspecialtylending.com | San Francisco, United States |
Investor details for Bestpass
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Bestpass
14 people are tracked at Bestpass (11 in leadership, 3 in team).
| Name | Role | Group |
|---|---|---|
Tom Fogarty | CEO | Leadership |
Alison Knowlton | VP & Head of Transformation | Leadership |
Joe Clavelle | Vice President of Business Development, Service Providers & Partners | Leadership |
Dawn Dilorenzo | Senior Director Demand Generation | Leadership |
Cindy Ellers | Chief Customer Officer | Leadership |
David Druzynski | Chief People Officer | Leadership |
Scott Chao | Chief Marketing Officer | Leadership |
Lauren A. | Senior Director Of Revenue Operations | Leadership |
Austin Cherian | Director Of Product Marketing | Leadership |
Tony Carroll | Senior Vice President, Revenue Operations | Leadership |
Mike Magliocca | Vice President of Business Development, Consumer Markets | Leadership |
Crystal Arrington | Customer Success Manager | Team |
William Decaire | General Counsel | Team |
Jennifer Santamarina | Customer Success Manager | Team |
Complete people profiles for Bestpass
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Bestpass
Bestpass has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Drivewyze, ExpressTruckTax and Fleetworthy Solutions.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of software solutions for weigh station alerts and bypass systems for truckers | drivewyze.com | Edmonton, Canada | 2011 | Aug 2024 | •••• | |
Solution provider for fleet management & compliance regulations | fleetworthy.com | Madison, United States | 1983 | Nov 2023 | •••• | |
Online tax filing platform | expresstrucktax.com | United States | 2010 | Nov 2022 | •••• |
Complete acquisition details for Bestpass
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Bestpass
6 dated milestones of Bestpass across 23 years, from founding to its latest funding, stage changes and deals.
- Founded Bestpass is founded.
- Funding First funding round of $19.1M.
- Acquisition Acquires ExpressTruckTax.
- Funding Latest funding round, Private Equity Round, of $100.0M.
- Acquisition Acquires Fleetworthy Solutions.
- Acquisition Acquires Drivewyze.
Competitors of Bestpass
Bestpass operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Relay Payments, tapNpay, Peach Pass, GoToll and NextPass, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| relaypayments.com | 2019 | Atlanta, United States | $87.71M | 68 | Payment solutions for logistics industries are provided online. | |
| tapnpay.com | 2019 | Cedar Park, United States | $2.54M | – | Payment facilitator solutions for toll agencies | |
| peachpass.com | 2011 | Atlanta, United States | – | – | Manages electronic toll passes and mobile app for Georgia drivers. | |
| gotoll.com | 2009 | Fairfax, United States | – | – | Mobile app for easy, touch-free toll road payments and tracking. | |
| nextpass.io | 2022 | Austin, United States | – | – | Serves as a toll payment solution for consumers. | |
| bancpass.com | 2013 | Austin, United States | – | – | Offers cash reloadable toll stickers for managing highway toll accounts. | |
| pluspass.com | 2002 | Austin, United States | – | – | FinTech company providing payment options for toll roads and parking services. | |
| paytollo.com | 2015 | San Francisco, United States | $1.31M | – | Toll payments are enabled via a mobile application for users. | |
| driveert.com | 2011 | Portsmouth, United States | – | – | Online toll payment solutions for consumers |
Detailed competitors of Bestpass
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Bestpass
The website of Bestpass (bestpass.com) receives about 29.3K visits a month and ranks #797,500 among all websites worldwide, #3,777 in Shipping and Logistics.
- Monthly visits29.3K
▲ 2.7% vs previous month
- Unique visitors13.3K
per month
- Global rank#797,500
among all websites
- Category rank#3,777
Business and Consumer Services · Shipping and Logistics
- Bounce rate33%
- Pages per visit3.6
- Average visit2 min 04 sec
- DevicesDesktop 35% · Mobile 65%
Websites whose visitors overlap most with Bestpass. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
truckx.com | truckx.com | 100% | – | #647,175 | – |
capitalremanexchange.com | capitalremanexchange.com | 100% | – | #1,570,810 | – |
| foleyservices.com | 89% | 33.3K | #474,484 | View details | |
| otrsolutions.com | 85% | 184.8K | #289,599 | View details | |
| truckerpath.com | 82% | 54.1K | #665,849 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 26 similar websites and full traffic analytics for Bestpass
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 26 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Bestpass
Complete news archive for Bestpass
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Bestpass
10 companies that operate in the same segment as Bestpass (Logistics Technology & Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore | USD 9.09 B | USD 3.37 B | 11,270 | |
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.47 B | USD 10.72 B | 23,700 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,490 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.25 B | USD 1.12 B | 62,070 | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | – | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 344.42 M | USD 135.47 M | 800 | |
App based platform offering on demand delivery and ride-hailing services | 2010 | Jakarta, Jakarta, Indonesia | USD 4.72 B | – | – | |
Express delivery logistics solutions are provided for businesses and individuals. | 2015 | Bengaluru, Karnataka, India | USD 246.8 M | USD 447.86 M | – | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 3,500 | |
Wolt is operated as a delivery platform for food and groceries. | 2014 | Helsinki, Finland | USD 827.96 M | – | – |
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Frequently Asked Questions about Bestpass
Bestpass was founded in 2001 and raised its 1st funding round 18 years after it was founded.
Bestpass is headquartered in Albany, United States.
Tom Fogarty is the current CEO of Bestpass.
Bestpass is a funded company, having raised a total of $119.12M across 3 funding rounds to date. The company's 1st funding round was a Series B of $19.12M, raised on Jul 2019.
Bestpass was founded in 2001 in Albany, United States, as a provider in the transportation technology sector. A web-based platform is offered to fleet owners and operators for handling toll operations. Violations and discrepancies are identified through the system, while usage alerts are configured to support compliance and efficiency in toll management across the region.
Bestpass's top competitors include Relay Payments, PayTollo and tapNpay.
Bestpass offers Toll Management Platform and Transponder Coverage.
Bestpass has made 3 acquisitions, including Drivewyze, ExpressTruckTax, and Fleetworthy Solutions.
Bestpass has 3 investors. Key investors include Sixth Street Specialty Lending, Insight Partners, and Susquehanna Growth Equity.