Passport

Passport is a mobile-based application that provides integrated parking and permit management solutions for cities, universities and organizations. Read more

149 Followers on Owler
149 Followers on Owler
149 Followers on Owler
149 Followers on Owler

Passport

Passport is a mobile-based application that provides integrated parking and permit management solutions for cities, universities and organizations. Read more

Bob Youakim's photo - Founder & CEO of Passport

Founder & CEO

Bob Youakim

CEO Approval Rating

81/100

Founded:

2010

Status:

PrivateIndependent Company

PASSPORT TOP COMPETITORS OR ALTERNATIVES

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COMPANY

CEO

CEO RATING

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SpotHero is one of Passport's top rivals. SpotHero was founded in Chicago, Illinois} in 2010. Like Passport, SpotHero also competes in the Application Software space. Compared to Passport, SpotHero generates $10.3M more revenue.

ParkWhiz is Passport's #2 competitor. ParkWhiz was founded in 2006, and is headquartered in Chicago, Illinois. Like Passport, ParkWhiz also operates in the Application Software space. ParkWhiz generates $8.5M less revenue vs. Passport.

ParkiFi is a top competitor of Passport. ParkiFi's headquarters is in Denver, Colorado, and was founded in 2014. ParkiFi is in the Internet Software industry. ParkiFi generates 13% of Passport's revenue.

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Growth Score - 1/1

Is 218 a good estimate for Passport's Employee count?

Passport Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Complus Data Innovations, Inc.

May 2019

Source »
undisclosed
CDI develops a SaaS-based platform that provides ticket management and parking solutions to the industrial sector.
Nupark, Inc.

Oct 2018

Source »
undisclosed
NuPark is a cloud-based platform that offers integrated parking and permit management solutions for universities and organizations.

These are all the companies that Passport has acquired. Passport has acquired 2 companies and its latest acquisition was Complus Data Innovations, Inc. in May 2019. CDI develops a SaaS-based platform that provides ticket management and parking solutions to the industrial sector.

Passport Funding History

Since Passport was founded in 2010, it has participated in 6 rounds of funding. In total Passport has raised $127.0M. Passport's last funding round was on Apr 2020 for a total of $2.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt - PPP (CARES Act)
Apr 2020
$2M - $5M

U.S. Small Business Administration.

Series D
Dec 2019
$65M
Series C
Dec 2017
$43M
Series B
Apr 2016
$8M
Equity
Dec 2013
$2.5M
-

Since Passport was founded in 2010, it has participated in 6 rounds of funding. In total Passport has raised $127.0M. Passport's last funding round was on Apr 2020 for a total of $2.0M

Passport Investments

No recent investments found related to Passport

These are all the companies that Passport has invested in. Passport has invested 2 companies and its latest investment was Complus Data Innovations, Inc. in May 2019. CDI develops a SaaS-based platform that provides ticket management and parking solutions to the industrial sector.

Passport News

December 3, 2020The Business Journals: Raleigh/Durham

Charlotte tech firm Passport makes another stride in Google partnership with new capability

Google Pay users can now access Passport's parking services without downloading the full app.... See more »
October 13, 2020Benzinga

Passport announces partnerships with PlusPass and PapayaPay, broadening options to pay for parking

CHARLOTTE, N.C., Oct. 13, 2020 /PRNewswire/ -- Passport, a transportation software company that is re... See more »
September 6, 2020The Business Journals: Greensboro/Winston-Salem/High Point

Charlotte-based Passport adds to tech capabilities with Google Maps partnership

Some Passport parking app users can now pay through Google Maps.... See more »
September 4, 2020The Business Journals: Charlotte

Charlotte-based Passport adds to tech capabilities with Google Maps partnership

Some Passport parking app users can now pay through Google Maps.... See more »
August 18, 2020The Business Journals: Charlotte

Passport pushes return-to-office date to mid-2021 as furloughs continue

The Charlotte-based company informed employees of the change during a recent town hall meeting.... See more »
March 26, 2020The Business Journals: Charlotte

Passport mum on details as tech firm lays off employees amid COVID-19 pandemic

Passport is laying off employees and placing others on furlough as the COVID-19 outbreak hits busines... See more »
March 3, 2020masstransitmag

Access-IS ticket validators help transform bus ticketing in Jacksonville

Access-IS worked with Passport, Inc., to help deliver a modern ticketing ecosystem to the Jacksonvill... See more »

Passport Blogs

October 6, 2020Passport Blog

Passport’s Q3 Performance Signals Steady Growth Across the Country

 The company’s innovative Operating System continues to support cities in making parking transactions... See more »
September 22, 2020Passport Blog

Let’s talk about data.

Data supports Passport’s work in providing cities with innovative mobility management solutions that ... See more »
September 17, 2020Passport Blog

Utah Valley University adopts Passport mobile pay solution for parking

New choice for on-campus cashless parking now available  Orem, UT (Sept. 17, 2020) —  Students and fa... See more »
September 9, 2020Passport Blog

Newport expands parking management with contactless parking payments

The Passport Parking app allows for users to pay for parking from their smartphones Newport, R.I. (Se... See more »
August 10, 2020Passport Blog

Streamline Reconciliation Processes with Passport Payments

Payments reconciliation is an important part of your daily parking operation’s tasks, but when ... See more »
July 31, 2020Passport Blog

Will there ever be transparency in credit and debit card merchant processing fees?

Merchant statements can be fairly complex documents, and it is often difficult to interpret how credi... See more »
July 28, 2020Passport Blog

Village of Pelham, NY adds Passport Parking

Drivers use cashless payment option to pay on the go and easily manage parking sessions Village of Pe... See more »

Passport Press Releases

November 18, 2020PR Newswire

Deloitte recognizes Passport as one of the fastest-growing technology companies for third year running

CHARLOTTE, N.C., Nov. 18, 2020 /PRNewswire/ -- Passport announces today it is ranked No. 246 on Deloi... See more »
November 12, 2020PR Newswire

Richmond-based university announces parking management partnership with Passport

RICHMOND, Va., Nov. 12, 2020 /PRNewswire/ -- Today, Virginia Commonwealth University (VCU) announces ... See more »
October 20, 2020PR Newswire

Passport partners with iAccess Life, bringing accessible parking to communities nationwide

CHARLOTTE, N.C., Oct. 20, 2020 /PRNewswire/ -- Passport, a transportation software company that is re... See more »
August 17, 2020Passport Labs

Passport Announces Work From Home Through Summer 2021

The pandemic continues to unleash a lot of uncertainty across the country, especially for employers a... See more »
August 12, 2020PR Newswire

Passport recognized as the fastest growing software company in Charlotte on Inc. 5000 list

CHARLOTTE, N.C., Aug. 12, 2020 /PRNewswire/ -- Today, Inc. magazine announces the ranking of America'... See more »
May 9, 2018StreetInsider

NCPA Names Passport as a Preferred 'Parking Enforcement Partner'

Passport, the global leader of mobile payments for parking, transit and tolling, announces its award ... See more »
April 24, 2018PRWeb

2 Apps, 1 developer, 40+ million transactions

Passport parking apps make getting around Chicagoland easier, more convenient and faster(PRWeb April ... See more »

Passport Videos

Social Media

Passport Headquarters

128 S. Tryon Street Suite 2200

Charlotte, North Carolina28202

704-837-8066

Driving Directions »

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Passport Summary

ABOUT

Overview

Passport is a mobile-based application that provides integrated parking and permit management solutions for cities, universities and organizations. Passport was founded in 2010. Passport's headquarters is located in Charlotte, North Carolina, USA 2820...

CEO

Passport's Founder & CEO, Bob Youakim, currently has an approval rating of 81%. Passport's primary competitors are SpotHero, ParkWhiz & ParkiFi.

Website

passportinc.com

Frequently Asked Questions about Passport

  1. When was Passport founded?

    Passport was founded in 2010
  2. Who is Passport's CEO?

    Passport's CEO is Bob Youakim
  3. How much revenue does Passport generate?

    Passport generates $21.7M in revenue
  4. How much funding does Passport have?

    Passport has historically raised $127M in funding
  1. Where is Passport's headquarters?

    Passport's headquarters is in Charlotte North Carolina, USA
  2. How many employees does Passport have?

    Passport has 218 employees
  3. What sector does Passport operate in?

    Passport is in Application Software, Enterprise Software
  4. Who are Passport's competitors?

    Passport's top competitors are SpotHero, ParkWhiz, ParkiFi