About Passkey
Passkey is a company based in Waltham (United States) founded in 1997 was acquired by Lanyon in May 2014. Passkey has raised $18.4 million across 2 funding rounds from investors including Sabre, Lanyon and Galileo Partners. Passkey offers products and services including Passkey. Passkey operates in a competitive market with competitors including CloudBeds, Hotel Engine, TravelClick, HyperGuest and Pruvo, among others.
- Headquarter Waltham, United States
- SectorsTravel & Hospitality
- Website category Computers Electronics and Technology · Programming and Developer Software
- Website passkey.com
- Social LinkedIn
- Acquired by Lanyon (May 2014)
- Legal Name Cvent Inc.
Products & Services of Passkey
Passkey offers a comprehensive portfolio of products and services, including Passkey.
Automates room block management for events and bookings.
Funding Insights of Passkey
Passkey has successfully raised a total of $18.4M across 2 strategic funding rounds. The most recent funding activity was a Series D round of $14.4 million completed in January 2001. 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 $18.4M
- Total Rounds 2
- Last Round Series D — $14.4M
- First Round $4M
(Jun 1999)
- Investors Count 2
All 2 funding rounds of Passkey 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 |
|---|---|---|---|---|---|
| Jan 2001 | $14.4M | Series D | – | – | |
| Jun 1999 | $4M | Series B | – | – | – |
3 investors in total: 3 institutional.
Investors in Passkey
Passkey has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Sabre, Lanyon and Galileo Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tech startups in Europe and the US are funded stage-agnostically. | – | galileo.fr | Paris, France | |
Business management solutions are offered to travel service providers. | 1960 | sabre.com | Southlake, United States | |
Event management and travel software is offered for enterprises. | 1984 | lanyon.com | Dallas, United States |
Investor details for Passkey
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.
Timeline of Passkey
4 dated milestones of Passkey across 17 years, from founding to its latest funding, stage changes and deals.
- Founded Passkey is founded.
- Funding First funding round of $4.0M.
- Funding Latest funding round, Series D, of $14.4M.
- Exit Acquired by Lanyon.
Competitors of Passkey
Passkey 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 CloudBeds, Hotel Engine, TravelClick, HyperGuest and Pruvo, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cloudbeds.com | 2012 | San Diego, United States | $246.94M | 172 | Browser-based software solutions for hotels and other accomodations | |
| hotelengine.com | 2015 | Denver, United States | $221M | 614 | SaaS booking engine solution delivered for hotels and business travelers. | |
| travelclick.com | 1999 | New York, United States | – | 707 | Cloud-based solutions for hospitality reservations and management are offered. | |
| hyperguest.com | 2020 | Tel Aviv, Israel | $23M | – | AI-powered web-based solutions for hotel booking management are provided. | |
| pruvo.com | 2016 | Haifa, Israel | $1.1M | – | App-based platform to rebook hotels for travelers | |
| turneo.com | 2022 | London, United Kingdom | $3.87M | – | Web-enabled booking engine solutions for hotels and resorts are provided. | |
| ratehawk.com | 2016 | United States | – | – | Provides global distribution solutions for hotels. | |
| nuitee.com | 2015 | Tullamore, Ireland | $48M | – | Hotel rooms are distributed globally through a B2B platform. |
Detailed competitors of Passkey
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 Passkey
The website of Passkey (passkey.com) receives about 2.4M visits a month and ranks #31,156 among all websites worldwide, #3,901 in Programming and Developer Software.
- Monthly visits2.4M
▲ 63.7% vs previous month
- Unique visitors663.9K
per month
- Global rank#31,156
among all websites
- Category rank#3,901
Computers Electronics and Technology · Programming and Developer Software
- Bounce rate33%
- Pages per visit5.2
- Average visit7 min 28 sec
- DevicesDesktop 69% · Mobile 31%
Websites whose visitors overlap most with Passkey. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
concursolutions.com | concursolutions.com | 100% | – | #1,802 | – |
icloud.com | icloud.com | 98% | – | #235 | – |
| trello.com | 96% | 77.5M | #491 | View details | |
myworkday.com | myworkday.com | 94% | – | #420 | – |
| getadblock.com | 94% | – | #487 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Passkey
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Similar companies to Passkey
10 companies that operate in the same segment as Passkey (Online Travel), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online bookings for flights, hotels, and travel packages are facilitated. | 2000 | Gurugram, Haryana, India | USD 39 M | USD 1.04 B | 5,120 | |
Online platform providing multiple travel booking services | 2007 | Gurugram, Haryana, India | USD 96.62 M | USD 130.88 M | 465 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 3.21 B | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Multiple travel services are booked via an app-based platform. | 1999 | Miami, Florida, United States | USD 331.37 M | – | 4,543 | |
Multiple travel services are booked via an app-based platform. | 2012 | Jakarta, Jakarta, Indonesia | USD 1.02 B | – | – | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Bus tickets are booked online via portal and mobile app. | 2006 | Bengaluru, Karnataka, India | USD 10 M | – | – | |
Outdoor tours and activities are booked via an app-based platform. | 2009 | Berlin, Berlin, Germany | USD 877.51 M | – | – |
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Frequently Asked Questions about Passkey
Passkey was founded in 1997 and raised its 1st funding round 2 years after it was founded.
Passkey is headquartered in Waltham, United States. It is registered at Waltham, Massachusetts, United States.
Passkey is a funded company, having raised a total of $18.4M across 2 funding rounds to date. The company's 1st funding round was a Series B of $4M, raised on Jun 1999.
Passkey was founded in 1997 as a travel technology company based in Waltham, United States. Operations focus on the hospitality sector, where web-based solutions are provided for handling group hotel reservations. Services include an online booking engine that allows attendees to reserve within contracted blocks, along with real-time reporting tools for event planners and hotels to track information and attendance.
Passkey's top competitors include CloudBeds, Hotel Engine and HyperGuest.
Passkey offers Passkey.
Passkey has 3 investors. Key investors include Sabre, Lanyon, and Galileo Partners.
Passkey operates through Cvent Inc..
Yes. Passkey was acquired by Lanyon in May 2014.
The website of Passkey receives about 2.4 million visits a month and ranks #31,156 among all websites worldwide.