Passage

Austin, United States Founded: 2019 • Age: 7 yrs Acquired By 1Password
Biometric authentication solutions are offered via a developer-focused platform.
Annual revenue - Latest available
Total funding $4.0M 1 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Passage

Passage is a company based in Austin (United States) founded in 2019 was acquired by 1Password in November 2022. It operates as a SaaS (Software-as-a-Service). Passage has raised $4 million across 1 funding round from investors including 1Password, LiveOak and Next Coast Ventures. Passage offers products and services including Passkey Complete, Passkey Flex, and Passkey Ready. Passage operates in a competitive market with competitors including BitGo, Megvii, Yoti, LifeLock and HYPR, among others.

  • Headquarter Austin, United States
  • Sectors
    Technology
    Industrial Goods & Manufacturing Financial Services
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  • Legal Name Passage Identity
Operational Areas
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Technology → Cybersecurity & Privacy Solutions Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $4 M (USD)

    in 1 rounds

  • Latest Funding Round
    $4 M (USD), Seed

    Feb 01, 2022

  • Investors
    1Password

    & 4 more

  • Employee Count
    Not available
  • Acquired by
    1Password

    (Nov 03, 2022)

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Products & Services of Passage

Passage offers a comprehensive portfolio of products and services, including Passkey Complete, Passkey Flex, and Passkey Ready.

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Primary

A standalone passwordless authentication solution is provided.

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Passkey logins alongside existing authentication are offered.

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User compatibility with passkeys is assessed for free.

People of Passage

Headcount 1-10
Employee Profiles 2
Employee Profiles
People
Christopher Loper
Engineer
People
Luis Ramirez
DevSecOps Engineer

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Teams

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Funding Insights of Passage

Passage has successfully raised a total of $4M through 1 strategic funding round. The most recent funding activity was a Seed round of $4 million completed in February 2022. 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.

Investors in Passage

Passage has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include 1Password, LiveOak and Next Coast Ventures.

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Venture Fund
Investor Description Founded Year Domain Location
Venture capital investments are provided to Texas-based tech founders.
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Early-stage technology companies are invested in via thematic research.
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Seed-stage startups are funded by this venture capital firm.
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Investor details for Passage

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Investments & Acquisitions by Passage

Investments
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Investment portfolio details for Passage

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Financial Statements - Passage

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Detailed financials for Passage

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Passage Comparisons

Passage Primary company
Description
Biometric authentication solutions are offered via a develop...
Location
Austin, United States
Founded Year
2019
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Passage

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Competitors of Passage

Passage 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 BitGo, Megvii, Yoti, LifeLock and HYPR, among others.

Company Name Domain Founded year HQ Location Description
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Crypto-based custody, trading, and lending services are provided to institutions.
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Facial recognition and AI video analysis solutions are provided.
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Identity verification solutions are provided for multiple industries digitally.
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Identity theft is protected and prevented through cyber monitoring services.
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Passwordless multi-factor authentication and identity assurance solutions are provided.
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Digital identity solutions company providing facial biometrics and digital admission solutions
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Detailed competitors of Passage

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Latest news on Passage

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Complete news archive for Passage

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Frequently Asked Questions about Passage

Passage was founded in 2019 and raised its 1st funding round 3 years after it was founded.

Passage is headquartered in Austin, United States. It is registered at Austin, Texas, United States.

Passage is a funded company, having raised a total of $4M across 1 funding round to date.

Passage by 1Password is dedicated to delivering passwordless authentication solutions for various industries. Services are offered in sectors like fintech and ecommerce, with products such as Passkey Complete and Passkey Flex. Integration into existing tech stacks is facilitated, ensuring seamless and secure logins powered by passkeys. User experience is enhanced through biometric logins, and compliance with security standards is maintained with backing from 1Passwords expertise.

Passage's top competitors include Megvii, Yoti and BitGo.

Passage offers Passkey Complete, Passkey Flex, and Passkey Ready.

Passage has 5 investors. Key investors include 1Password, LiveOak, Next Coast Ventures, Tau Ventures, and Secure Octane Investments.

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