Passport is a United States-based investment firm with a focus on early-stage and growth-stage companies in the web and mobile payments software sector. The firm primarily invests in innovative solutions for cities, transit agencies, universities, and private operators in the parking and transportation industries across the U.S. and Canada. Passport typically targets investments that align with their expertise in enterprise software platforms, particularly those that enhance mobile payments for parking and mobile ticketing for transit operations.
Notable portfolio companies include those that have successfully integrated Passport’s software solutions to streamline urban mobility and transportation management. Key partners and decision-makers at Passport include founders Bob Youakim and Charlie Youakim, who bring extensive experience in the payments industry. Passport’s investment philosophy centers on leveraging technology to improve urban infrastructure and mobility. The firm offers unique value-add services such as strategic guidance, operational support, and access to a network of industry experts to help portfolio companies scale effectively.
Classification
Also Known As
Passport Labs, Inc.
NAICS
52Finance and InsuranceEdition: 2022
522Credit Intermediation and Related ActivitiesEdition: 2022
5223Activities Related to Credit IntermediationEdition: 2022
522320Financial Transactions Processing, Reserve, and Clearinghouse ActivitiesEdition: 2022
SIC
87Engineering, Accounting, Research, Management, And Related ServicesEdition: 1987
874Management And Public Relations ServicesEdition: 1987
8742Management Consulting ServicesEdition: 1987
Industry
Payment Service Providers
Financial Technology Companies
Financial Services Companies
Show 4 more industry codes
SIC
60Depository InstitutionsEdition: 1987
62Security And Commodity Brokers, Dealers, Exchanges, And ServicesEdition: 1987
628Services Allied With The Exchange Of Securities Or CommoditiesEdition: 1987
6282Investment AdviceEdition: 1987
Passport
Passport, a US-based payment service provider, offers mobile payment solutions for parking and transit operations.