Passport

Tarrytown, United States Founded: 1986 • Age: 40 yrs Acquired By Passport
Parking payments and management solutions are delivered via tech platform.

About Passport

Passport is a Transportation, Automotive & Logistics company based in Tarrytown (United States) founded in 1986, and was acquired by Passport in June 2019. Parking payments and management solutions are delivered via tech platform. It operates on a SaaS (Software-as-a-Service) and Subscription Services model. Passport has completed 1 acquisition, including The Payment Group. Passport offers products and services including Parking Compliance Platform, Digital Parking Permits, Mobile Parking App, and Passport Payments. Its focus areas include Technology, Software and Parking Management Solutions. Its legal entity is Passport Labs, Inc. Its competitors include Arrive, T2 Systems and Parkhub; 3 of its 3 listed competitors have raised funding.

Company details

Parking compliance and curb management solutions are offered by Passport. Services include digital enforcement, mobile pay parking, and permitting software. Payment processing for parking transactions is also provided. The platform serves cities, municipalities, private operators, and various industries like healthcare and universities. Data-driven insights for decision-making are centralized for efficiency. Operations are streamlined to enhance parking experiences and reduce congestion. Scalable solutions are designed to adapt to evolving needs.

Key Metrics

Products & Services of Passport

Passport offers a comprehensive portfolio of products and services, including Parking Compliance Platform, Digital Parking Permits, Mobile Parking App, and Passport Payments.

Parking Compliance Platform
Software

A platform for managing parking enforcement efficiently.

Digital Parking Permits
Software

Software for managing and issuing parking permits.

Mobile Parking App
Software

An app for convenient mobile parking payments.

Passport Payments
Payment Solutions

Specialized payment processing for parking transactions.

Investors in Passport

Passport has secured backing from 1 investor. Prominent investors backing the company include Passport.

All
InvestorDescriptionFounded YearDomainLocation
Passport is recognized for providing parking management software solutions.
2010passportinc.comWilmington, United States
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Investor details for Passport

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Investments & Acquisitions by Passport

Passport has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include The Payment Group.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Payment gateway solutions for court fines and bonds are offered.
thepaymentgroup.comDallas, United States2003Jan 2017β€’β€’β€’β€’
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Complete acquisition details for Passport

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Timeline of Passport

3 dated milestones of Passport across 33 years, from founding to its latest funding, stage changes and deals.

  1. Founded Passport is founded.
  2. Acquisition Acquires The Payment Group.
  3. Exit Acquired by Passport.

Competitors of Passport

Passport has 3 listed competitors in our database, 3 of them funded. They include Arrive, T2 Systems and Parkhub.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
arrive.com2006Chicago, United States$65.3M1
Tech-enabled platform for parking and mobility management solutions is provided.
t2systems.com1994Indianapolis, United States$31M176
Parking management solutions for events and venues are provided.
parkhub.com2010Dallas, United States$15.61M59
Provider of comprehensive parking management solutions
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Detailed competitors of Passport

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Top companies in Road Transport Tech

3 companies that operate in the same segment as Passport (Road Transport Tech) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
An online platform providing ride-hailing and food delivery services
2009San Francisco, California, United StatesUSD 13.21 BUSD 52.02 B34,000
Electric kick-scooters are rented through an app-based platform.
2017Miami, Florida, United StatesUSD 765 MUSD 244.66 M953
Electric kick-scooters are rented through an app-based platform.
2017San Francisco, California, United StatesUSD 1.4 B2,813
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Related news about Passport

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Frequently Asked Questions about Passport

Passport was founded in 1986.

Passport is headquartered in Tarrytown, United States. It is registered at Tarrytown, New York, United States.

Parking compliance and curb management solutions are offered by Passport. Services include digital enforcement, mobile pay parking, and permitting software. Payment processing for parking transactions is also provided. The platform serves cities, municipalities, private operators, and various industries like healthcare and universities. Data-driven insights for decision-making are centralized for efficiency. Operations are streamlined to enhance parking experiences and reduce congestion. Scalable solutions are designed to adapt to evolving needs.

Passport's top competitors include Arrive, Parkhub and T2 Systems.

Passport offers Parking Compliance Platform, Digital Parking Permits, Mobile Parking App, and Passport Payments.

Passport has made 1 acquisition, including The Payment Group.

Passport has 1 investor. Key investors include Passport.

Passport operates through Passport Labs, Inc..

Yes. Passport was acquired by Passport in June 2019.

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