Passworks

Lisbon, Portugal Founded: 2014 • Age: 12 yrs Acquired By Fobi
Mobile wallet campaigns for customer acquisition and engagement are managed.
Annual revenue - Latest available
Total funding $1.0M 1 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Passworks

Passworks is a company based in Lisbon (Portugal) founded in 2014 was acquired by Fobi in January 2022. Passworks has raised $1 million across 1 funding round from investors including Fobi Ai, unknown and Faber. Passworks offers products and services including Mobile Wallet Platform, Beacon Technology, and Analytics Dashboard. Passworks operates in a competitive market with competitors including Localytics, Pathmatics, Vibes, Famous and Mavin, among others.

  • Headquarter Lisbon, Portugal
  • Sectors
    Retail
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Retail → Retail Technology & Automation Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $1 M (USD)

    in 1 rounds

  • Latest Funding Round
    $1 M (USD), Seed

    May 13, 2014

  • Investors
    Fobi Ai

    & 2 more

  • Employee Count
    Not available
  • Acquired by
    Fobi

    (Jan 13, 2022)

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Products & Services of Passworks

Passworks offers a comprehensive portfolio of products and services, including Mobile Wallet Platform, Beacon Technology, and Analytics Dashboard.

Product name locked
Category locked
Primary

Platform for creating and managing mobile passes for engagement.

Product name locked
Category locked
Locked

Tool for triggering in-store notifications via beacons.

Product name locked
Category locked
Locked

System for tracking campaign performance in real-time.

Funding Insights of Passworks

Passworks has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1 million completed in May 2014. 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 Passworks

Passworks has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Fobi Ai, unknown and Faber.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital firm investing in early-stage tech companies
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Customer engagement solutions are delivered via a cloud-based AI platform.
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Investor details for Passworks

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by Passworks

Investments
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Investment portfolio details for Passworks

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  • Portfolio identities
  • Transaction dates
  • Round details
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Financial Statements - Passworks

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Detailed financials for Passworks

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  • Profit trends
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Passworks Comparisons

Passworks Primary company
Description
Mobile wallet campaigns for customer acquisition and engagem...
Location
Lisbon, Portugal
Founded Year
2014
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for Passworks

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

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Competitors of Passworks

Passworks 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 Localytics, Pathmatics, Vibes, Famous and Mavin, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Mobile App User Analytics & Marketing
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Digital advertising intelligence is supplied to global industry stakeholders.
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Mobile marketing solutions are provided for business customer engagement.
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Mobile marketing solutions are provided for branded app creation.
Locked Locked Locked
Customer engagement and free mobile data solutions for businesses
Locked Locked Locked
Mobile marketing platform for FMCG advertisers
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Detailed competitors of Passworks

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  • Domains and locations
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Latest news on Passworks

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Complete news archive for Passworks

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  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Passworks

Passworks was founded in 2014.

Passworks is headquartered in Lisbon, Portugal.

Passworks is a funded company, having raised a total of $1M across 1 funding round to date.

Founded in 2014 in Lisbon, Portugal, Passworks operates in the mobile marketing sector for brands and retailers. An integrated SaaS or API solution is provided to manage campaigns, including the design of dynamic passes such as coupons, loyalty cards, and tickets. Location-based notifications are defined, profiles are targeted, and passes are distributed to devices via Apple Passbook, Google Wallet, Windows Phone Wallet, and other apps.

Passworks's top competitors include Vibes, Pathmatics and Localytics.

Passworks offers Mobile Wallet Platform, Beacon Technology, and Analytics Dashboard.

Passworks has 3 investors. Key investors include Fobi Ai, unknown, and Faber.

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