Passport

Passport

Delivers the operating system that enables cities to manage vehicle interactions with streets and sidewalks.

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$90.0m

Growth Equity VC
Total Funding000k

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More about Passport
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Passport Inc. is a technology company that provides a comprehensive mobility management platform for parking and transportation needs. The company's platform is used to manage mobile pay parking, parking enforcement, digital permitting, and payments. It centralizes parking data, allowing clients to operate more efficiently, increase revenue, and improve the parking experience.

Passport Inc. serves a wide range of clients, including over 800 cities and operators. Its market is primarily municipalities and parking operators who require a streamlined, digital solution for parking management. The company's platform offers real-time enforcement and permit management, secure online portals for customers, and robust reporting capabilities for strategic decision making.

The business model of Passport Inc. is service-based, generating revenue by providing its platform to clients on a subscription basis. Additional revenue is earned through transaction fees for payments processed through the platform. The company also offers full-service payment solutions, helping clients to lower costs and optimize security.

In summary, Passport Inc. is a leading provider of digital solutions for parking and mobility management. It serves a broad client base, operates in a growing market, and has a strong business model that generates consistent revenue.

Keywords: Parking Management, Mobility Solutions, Digital Permitting, Real-Time Enforcement, Payment Solutions, Data Centralization, Operational Efficiency, Revenue Generation, Customer Portal, Subscription Service.

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Investments by Passport

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NuPark
ACQUISITION by Passport Oct 2018
ParkX (Acquired By Passport)
ACQUISITION by Passport Dec 2016