FundedIQ
Financial Services

Passport: Funding, Investors & Team (Aug 2026)

Passport is a cloud tech startup that delivers intelligent data to its customers. Passport transforms mobility management with a single platform to help create an open parking ecosystem. The company's goal is to help cities bring payments into apps users already have on hand while providing management and reporting tools, creating an easy-to-manage and efficient mobility operation for the future. Passport is backed by a group of investors, including Bain Capital Ventures, Grotech Ventures, MK Capital, and Relevance Capital. It was founded in 2010 and is headquartered in Charlotte, North Carolina.

www.passportinc.com LinkedIn Charlotte, United States 251-500 employees
CivicTech Cloud Infrastructure Mobile Payments Productivity Tools Public Transportation SaaS
Total raised
$90.0M
Rounds
1
Latest
Undisclosed round
May 2021

Passport has raised $90.0M across 1 funding round on record, the most recent an undisclosed round of $90.0M announced in May 2021.

That round is above the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Passport Company Profile and Key Stats

Total funding raised
$90.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$90.0M in May 2021
Employees
251-500
reported band
Headquarters
Charlotte, United States

Latest funding round on record: May 2021.

Passport Funding Rounds

Date
Round
Amount
Undisclosed round
$90.0M

Passport Founders and Leadership Team

Name
Role
Contact
David Evans
CEO

No contact details are on record for this team yet.

Passport Funding Compared to Other Financial Services Startups

Segment
Companies
Median round

Passport's latest round of $90.0M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

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Passport Funding FAQs

What does Passport do?

Passport is a cloud tech startup that delivers intelligent data to its customers. Passport transforms mobility management with a single platform to help create an open parking ecosystem. The company's goal is to help cities bring payments into apps users already have on hand while providing management and reporting tools, creating an easy-to-manage and efficient mobility operation for the future. Passport is backed by a group of investors, including Bain Capital Ventures, Grotech Ventures, MK Capital, and Relevance Capital. It was founded in 2010 and is headquartered in Charlotte, North Carolina.

How much funding has Passport raised?

Passport has raised $90.0M across 1 round on record. The most recent is an undisclosed round of $90.0M announced in May 2021.

When did Passport last raise funding?

Passport's most recent funding round on record is an undisclosed round of $90.0M, announced in May 2021.

Who is the CEO of Passport?

David Evans is listed as CEO at Passport.

Where is Passport headquartered?

Passport is based in Charlotte, North Carolina, United States.

How many employees does Passport have?

Passport is in the 251-500 employee band.

How does Passport's funding compare to other Financial Services startups?

Passport's latest round of $90.0M is above the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's Passport Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Passport is left off this page rather than filled in.

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