About Passage
Passage is a company based in Toronto (Canada) founded in 2023 by Martin Basiri. It operates as a AI-as-a-Service and Professional Services. Passage has raised $30.4 million across 1 funding round from investors including Drive Capital and Garage Capital. Passage offers products and services including AI Application Processor, Pathways Admission & Financing, Nursing Career Pathway, and Afghan Program. Passage operates in a competitive market with competitors including Student Support, PathtoCareer, Beyond Class, Wisepoint Consulting and Savvica, among others.
- Headquarter Toronto, Canada
- Founders Martin Basiri
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Sectors
Education
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Email
Locked
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Phone
Locked
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Website
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Social
Locked
- Legal Name Passage Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$30.4 M (USD)
in 1 rounds
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Latest Funding Round
$30.4 M (USD), Seed
Jun 27, 2023
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Investors
Drive Capital
& 1 more
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Employee Count
Not available
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Products & Services of Passage
Passage offers a comprehensive portfolio of products and services, including AI Application Processor, Pathways Admission & Financing, Nursing Career Pathway, and Afghan Program.
AI is used to process various applications efficiently.
Financing is provided for international students in Canada.
Opportunities are offered for nurses in the USA.
Opportunities are unlocked for Afghans to transform lives.
People of Passage
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Funding Insights of Passage
Passage has successfully raised a total of $30.4M through 1 strategic funding round. The most recent funding activity was a Seed round of $30.4 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.
Investors in Passage
Passage has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Drive Capital and Garage Capital.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm focused on pre-seed and seed stage investments
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Seed-stage investments are made by Garage Capital across multiple sectors.
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Investor details for Passage
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Investments & Acquisitions by Passage
Investment portfolio details for Passage
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Financial Statements - Passage
Detailed financials for Passage
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Passage Comparisons
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 Student Support, PathtoCareer, Beyond Class, Wisepoint Consulting and Savvica, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Career development and academic support services for students are offered.
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Supportive guidance services for students are provided.
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Educational consulting, career development, and planning services are provided.
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Delivers professional career consulting services tailored for students.
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Offers student portals for access and recruiting, marketing, counselling services to colleges.
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Detailed competitors of Passage
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Latest news on Passage
Complete news archive for Passage
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Frequently Asked Questions about Passage
Passage was founded in 2023.
Passage is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Martin Basiri is the current CEO of Passage. They have also founded this company.
Passage is a funded company, having raised a total of $30.4M across 1 funding round to date.
Passage is engaged in AI-powered processing of applications across multiple domains. Services are offered for school admissions, loan applications, and job matching. Solutions are provided for international students with financing options up to 75,000 to study in Canada. Career pathways for registered nurses in the USA are facilitated. Additionally, opportunities for Afghans are unlocked through a dedicated program to transform lives. The focus is maintained on leveraging technology to create access to life-changing opportunities in education, healthcare, and social impact sectors.
Passage's top competitors include Mentor Network, PathtoCareer and Beyond Class.
Passage offers AI Application Processor, Pathways Admission & Financing, Nursing Career Pathway, and Afghan Program.
Passage has 2 investors. Key investors include Drive Capital, and Garage Capital.