About Passport
Passport is a company based in Wilmington (United States) founded in 2010 by Khristian Gutierrez. It operates as a SaaS (Software-as-a-Service) and Subscription Services. Passport has raised $212.5 million across 7 funding rounds from investors including Comerica, Rho Capital Partners and H.I.G. Growth Partners. The company has 237 employees as of December 31, 2020. Passport has completed 2 acquisitions, including NuPark and Passport. Passport offers products and services including Parking Compliance Platform, Digital Parking Permits, Mobile Parking App, and Passport Payments. Passport operates in a competitive market with competitors including Parkmobile, Passport Parking, Bytemark, QP QuickPay Parking and Ticketer, among others.
- Headquarter Wilmington, United States
- Employees 237 as on 31 Dec, 2020
- Founders Khristian Gutierrez
-
Sectors
Transportation, Automotive & LogisticsFinancial Services
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Passport Labs, Inc.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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.
Platform used to manage parking enforcement efficiently.
Software used for end-to-end permit management.
App designed for convenient mobile parking payments.
Solutions provided for specialized parking payment processing.
People of Passport
Unlock access to complete
Unlock access to complete
Funding Insights of Passport
Passport has successfully raised a total of $212.5M across 7 strategic funding rounds. The most recent funding activity was a Series E round of $90 million completed in May 2021. 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 Passport
Passport has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Comerica, Rho Capital Partners and H.I.G. Growth Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Early-stage tech startups are invested in by Rho Capital Partners.
|
Locked | Locked | Locked | |
|
Private equity investments are made in the United States.
|
Locked | Locked | Locked | |
|
Venture capital fund focused on investing in multiple sectors
|
Locked | Locked | Locked |
Investor details for Passport
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Passport
Passport has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include NuPark and Passport.
Investment portfolio details for Passport
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Cloud-based parking management solutions using license plate recognition are provided.
|
Locked | Locked | 2013 | Locked | |
|
Parking payments and management solutions are delivered via tech platform.
|
Locked | Locked | 1986 | Locked |
Complete acquisition details for Passport
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Passport
Detailed financials for Passport
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Passport Comparisons
Peer comparison for Passport
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Passport
Passport 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 Parkmobile, Passport Parking, Bytemark, QP QuickPay Parking and Ticketer, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Parking spaces are booked via a mobile app platform.
|
|
| Locked | Locked | Locked |
Mobile app payments for parking spaces are enabled.
|
|
| Locked | Locked | Locked |
Mobile ticketing and payment systems are provided for transit operators.
|
|
| Locked | Locked | Locked |
Provides integrated mobile technology for parking services and solutions.
|
|
| Locked | Locked | Locked |
Cloud-enabled ticketing solutions are provided for transit operators.
|
Detailed competitors of Passport
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Passport
Complete news archive for Passport
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Passport
Passport was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Passport is headquartered in Wilmington, United States. It is registered at Wilmington, Delaware, United States.
Khristian Gutierrez is the current CEO of Passport. They have also founded this company.
Passport is a funded company, having raised a total of $212.5M across 7 funding rounds to date.
As of Dec 31, 2020, the latest employee count at Passport is 237.
Passport is engaged in delivering a comprehensive parking compliance platform used to manage parking enforcement, mobile pay parking, digital permitting, and payment solutions. The company serves various sectors including municipalities, private operators, universities, and parking authorities. Its integrated curb management solutions are designed to centralize parking data, enhance operational efficiency, increase revenue, and improve the overall parking experience for users.
Passport's top competitors include Parkmobile, Bytemark and Passport Parking.
Passport offers Parking Compliance Platform, Digital Parking Permits, Mobile Parking App, and Passport Payments.
Passport has 9 investors. Key investors include Comerica, Rho Capital Partners, H.I.G. Growth Partners, ThornTree Capital Partners, and Bain Capital Ventures.