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.
Passport - Classification
Also Known As
Passport Labs, Inc.
NAICS
520000Finance and Insurance
522000Credit Intermediation and Related Activities
522300Activities Related to Credit Intermediation
522320Financial Transactions Processing, Reserve, and Clearinghouse Activities
SIC
8700Engineering, Accounting, Research, Management, And Related Services
8740Management And Public Relations Services
8742Management Consulting Services
Show 4 more industry codes
SIC
6000Depository Institutions
6200Security And Commodity Brokers, Dealers, Exchanges, And Services
6280Services Allied With The Exchange Of Securities Or Commodities
6282Investment Advice
Passport
Operating Status: Operating
Passport, a US-based payment service provider, offers mobile payment solutions for parking and transit operations.