Passport Shipping

San Francisco, United States Founded: 2017 • Age: 9 yrs
Provider of e-commerce shipping solutions

About Passport Shipping

Passport Shipping is a Transportation, Automotive & Logistics company based in San Francisco (United States) founded in 2017 by Aaron Schwartz and Alex Yancher. Provider of e-commerce shipping solutions. Passport Shipping has raised $54 million across 4 funding rounds from investors including Flexport, Kleiner Perkins and FJ Labs. The company has 32 employees. Passport Shipping has completed 1 acquisition, including Access Worldwide. Its chief executive, as recorded, is Alex Yancher. Its website passportshipping.com draws about 59 thousand monthly visits. Passport Shipping offers products and services including Passport Global, Passport Shipping, and Seller of Record. Its focus areas include Consumer, Logistics Tech, Ecommerce Logistics and Fulfillment Enablers. Its legal entity is Passport Global, Inc,. Its competitors include Digimarc, Shippo and ShipBob; 3 of its 3 listed competitors have raised funding.

Company details

Passport is a provider of e-commerce shipping solutions. Its software enables the specification of ETAs and precise delivery locations, automatic calculation and display of duties and taxes during checkout, integration with logistics partners, route optimisation and the provision of cross-border shipping solutions. It has been featured in Forbes, WSJ and Readwrite.

  • Headquarters San Francisco, United States
  • Employees 32
  • Founders Aaron Schwartz, Alex Yancher
  • Sectors
    Transportation, Automotive & Logistics
  • Website category Lifestyle · Beauty and Cosmetics
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website passportshipping.com
  • Social LinkedIn
  • Legal Name Passport Global, Inc,
Key Metrics
  • Total Equity Funding
    $54M (USD)

    in 4 rounds

  • Latest Funding Round
    $39M (USD), Series B

    Jan 2022

  • Investors
    Flexport

    & 19 more

  • Employee Count
    32
  • Investments & Acquisitions

Products & Services of Passport Shipping

Passport Shipping offers a comprehensive portfolio of products and services, including Passport Global, Passport Shipping, and Seller of Record.

Passport Global
Internationalization Platform

Comprehensive solution for e-commerce localization and global expansion services.

Passport Shipping
Shipping Services

Handles global parcel shipping with compliance and tracking features.

Seller of Record
Compliance Tool

Manages VAT and customs compliance for international e-commerce transactions.

Funding Insights of Passport Shipping

Passport Shipping has successfully raised a total of $54M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $39 million completed in January 2022. 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 $54M
  • Total Rounds 4
  • Last Round Series B β€” $39M
  • Investors Count 20

All 4 funding rounds of Passport Shipping with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2022$39MSeries B–TCV
Dec 2020$12MSeries A–M13 Company
Oct 2018$3MSeed–Resolute Ventures, Precursor Ventures
Dec 2017Seed––
Valuation history

20 investors in total: 11 institutional and 9 angel.

Investors in Passport Shipping

Passport Shipping has secured backing from 20 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Flexport, Kleiner Perkins and FJ Labs.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital is invested in global technology companies by TCV.
tcv.comMenlo Park, United States
Venture capital firm focused on marketplaces, gaming, web3, fintech, and multiple sectors
2007fjlabs.comNew York, United States
Multiple sectors are invested in by M13 venture capital fund.
m13.coLos Angeles, United States
Venture capital firm backed by RiverPark Funds group
riverparkvc.comNew York, United States
Early-stage venture capital funding is provided to founders.
resolute.vcSan Francisco, United States
pureimaginationbrands.com
Venture capital investments in pre-seed and seed stages, focusing on founders.
precursorvc.com
Venture capital firm investing in early-stage tech startups
1972kleinerperkins.comMenlo Park, United States
Growth-stage investments are focused on by Republic Capital venture firm.
republiccapital.coManhattan, United States
Micro-venture capital fund investing in multiple sectors
weekend.fund
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Investor details for Passport Shipping

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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People of Passport Shipping

54 people are tracked at Passport Shipping (19 in leadership, 35 in team); the tracked headcount is 32.

NameRoleGroup
Aaron Schwartz
Co-Founder & COOLeadership
Alex Yancher
Co-Founder & CEOLeadership
Jeo Paxson
General Manager ManufacturingLeadership
Tony (Zhong-Ning) Chen
CTOLeadership
Ashwath Kakhandiki
Vice President MarketingLeadership
Kat Sun
Chief Operating OfficerLeadership
Adam Langston
Chief Commercial OfficerLeadership
Thomas Taggart
Head of Global TradeLeadership
Taylor Lucas
Chief Financial OfficerLeadership
Mikhail Moskovtsev
VP of EngineeringLeadership
Daniel Barber
Director of CommercialLeadership
Karan Chhabra
Director - Canada Shipping ProgramLeadership
David Field
Head of Strategic AccountsLeadership
Katherin Luna Victoria Yon
Global People Ops PartnerLeadership
Cameron MacBain
Director, SalesLeadership
Andre Storm
Director of SalesLeadership
Kelsey MacKendorf
Head Of Customer ExperienceLeadership
Michelle Decker
Senior Director Of OperationsLeadership
Luci Lambert
Global Head Of PeopleLeadership
Paige Moore
Operations Associate - LTLTeam

34 more people are available in the full profile.

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Complete people profiles for Passport Shipping

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Investments & Acquisitions by Passport Shipping

Passport Shipping has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Access Worldwide.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Logistics services are provided globally by Access Worldwide since 1999.
accessworldwide.netAtlanta, United States1999Aug 2021β€’β€’β€’β€’
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Complete acquisition details for Passport Shipping

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

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  • Exports

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Timeline of Passport Shipping

4 dated milestones of Passport Shipping across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded Passport Shipping is founded.
  2. Funding First funding round.
  3. Acquisition Acquires Access Worldwide.
  4. Funding Latest funding round, Series B, of $39.0M.

Competitors of Passport Shipping

Passport Shipping has 3 listed competitors in our database, 3 of them funded. They include Digimarc, Shippo and ShipBob.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
digimarc.com1994Portland, United States$60M215
Anti-counterfeiting barcode solutions are supplied to brands and retailers.
goshippo.com2013San Francisco, United States$154M127
Web-based shipping solutions are provided for e-commerce businesses.
shipbob.com2014Chicago, United States$332.7M1,338
E-commerce fulfillment solutions are provided for direct-to-consumer brands.
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Detailed competitors of Passport Shipping

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Web traffic of Passport Shipping

The website of Passport Shipping (passportshipping.com) receives about 58.8K visits a month and ranks #258,784 among all websites worldwide, #13,866 in Beauty and Cosmetics.

  • Monthly visits
    58.8K

    ▼ 72.6% vs previous month

  • Unique visitors
    84.5K

    per month

  • Global rank
    #258,784

    among all websites

  • Category rank
    #13,866

    Lifestyle · Beauty and Cosmetics

Top companies in Logistics Technology & Platforms

3 companies that operate in the same segment as Passport Shipping (Logistics Technology & Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Food and grocery deliveries are facilitated through an app-based platform.
2013San Francisco, California, United StatesUSD 2.5 BUSD 10.72 B80,579
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
2015San Francisco, California, United StatesUSD 915 MUSD 1.62 B5,792
Cloud-based logistics software suite is provided for supply chain management.
1994Schaumburg, Illinois, United StatesUSD 35 MUSD 1.42 B3,600
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Related news about Passport Shipping

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Complete news archive for Passport Shipping

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Frequently Asked Questions about Passport Shipping

Passport Shipping was founded in 2017.

Passport Shipping is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Alex Yancher is the CEO of Passport Shipping, as recorded in our data. They have also founded this company.

Passport Shipping is a funded company, having raised a total of $54M across 4 funding rounds to date.

Passport Shipping has 32 employees.

Passport is a provider of e-commerce shipping solutions. Its software enables the specification of ETAs and precise delivery locations, automatic calculation and display of duties and taxes during checkout, integration with logistics partners, route optimisation and the provision of cross-border shipping solutions. It has been featured in Forbes, WSJ and Readwrite.

Passport Shipping's top competitors include Shippo, ShipBob and Digimarc.

Passport Shipping offers Passport Global, Passport Shipping, and Seller of Record.

Passport Shipping has made 1 acquisition, including Access Worldwide.

Passport Shipping has 20 investors. Key investors include Flexport, Kleiner Perkins, FJ Labs, TCV, and M13 Company.

Passport Shipping operates through Passport Global, Inc,.

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