About PassPass
PassPass is a company based in Nashville (United States) founded in 2024 by Matthew Renner and Edgel Groves.. PassPass has raised $2.12 million across 2 funding rounds. PassPass offers products and services including PassPass App, Subscription Service, and Affiliate Program. PassPass operates in a competitive market with competitors including Scondoo, Mezzofy, Savings United, Offermatic and Pauket, among others.
- Headquarter Nashville, United States
- Founders Matthew Renner, Edgel Groves
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Passpass Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.12 M (USD)
in 2 rounds
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Latest Funding Round
$550 K (USD), Seed
Jan 02, 2025
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Investors
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Employee Count
Employee Count
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Products & Services of PassPass
PassPass offers a comprehensive portfolio of products and services, including PassPass App, Subscription Service, and Affiliate Program. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for entering daily giveaways and accessing exclusive deals.
Monthly plan for enhanced entries and deals at retailers.
Program for earning cash by promoting the app and sponsors.
Funding Insights of PassPass
PassPass has successfully raised a total of $2.12M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $550 thousand completed in January 2025. 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 Total Funding
- Total Rounds 2
- Last Round Seed — $550,000
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First Round
First Round
(16 Apr 2024)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2025 | Amount | Seed - PassPass | Valuation |
investors |
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| Apr, 2024 | Amount | Seed - PassPass | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by PassPass
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - PassPass
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Passpass Comparisons
Competitors of PassPass
PassPass 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 Scondoo, Mezzofy, Savings United, Offermatic and Pauket, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Mobile app to get cash back on groceries
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| domain | founded_year | HQ Location |
Digital coupons are created, distributed, and redeemed for businesses.
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| domain | founded_year | HQ Location |
Coupons for online shopping are connected via a shopper-brand platform.
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| domain | founded_year | HQ Location |
Offers comprehensive solutions for personalized offers and deals to enhance customer engagement.
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| domain | founded_year | HQ Location |
Unified coupon distribution and rewards engagement platform is developed.
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| domain | founded_year | HQ Location |
Offers coupon-based loyalty solutions for businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about PassPass
When was PassPass founded?
PassPass was founded in 2024.
Where is PassPass located?
PassPass is headquartered in Nashville, United States. It is registered at Nashville, Tennessee, United States.
Who is the current CEO of PassPass?
Matthew Renner is the current CEO of PassPass. They have also founded this company.
Is PassPass a funded company?
PassPass is a funded company, having raised a total of $2.12M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.57M, raised on Apr 16, 2024.
What does PassPass do?
PassPass was founded in 2024 in Nashville, United States, as a membership platform in the travel and rewards sector. Wholesale rates at hotels, resorts, restaurants, and shops are provided to members. Daily cash and prize giveaways are featured, with participation chances increased through upgraded memberships. Partnerships and affiliate programs are also maintained to support operations.
Who are the top competitors of PassPass?
PassPass's top competitors include Scondoo, Mezzofy and Savings United.
What products or services does PassPass offer?
PassPass offers PassPass App, Subscription Service, and Affiliate Program.
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