Passport

Passport

Comprehensive mobility management platform for parking

About Passport

Simplify's Rating
Why Passport is rated
C
Rated D+ on Competitive Edge
Rated B on Growth Potential
Rated C on Rating Differentiation

Industries

Data & Analytics

Automotive & Transportation

Company Size

201-500

Company Stage

Growth Equity (Venture Capital)

Total Funding

$346.5M

Headquarters

Charlotte, North Carolina

Founded

2010

Overview

Passport offers a mobility management platform that simplifies parking and transportation needs by managing mobile pay parking, enforcement, digital permitting, and payments. The platform centralizes parking data, enabling clients to operate more efficiently and enhance the parking experience. Unlike competitors, Passport operates on a subscription model with additional revenue from transaction fees, providing full-service payment solutions that help clients reduce costs. The company's goal is to lead in digital parking solutions, serving a diverse range of municipalities and parking operators.

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Simplify's Take

What believers are saying

  • Integration with AutoReturn aligns with smart city initiatives, enhancing urban digital infrastructure.
  • Text-to-pay services reflect consumer preference for frictionless, app-free payment options.
  • Increased demand for curb management solutions supports Passport's growth in urban areas.

What critics are saying

  • Competition from companies like PayByPhone threatens Passport's market share in mobile pay solutions.
  • Fiserv's text-to-pay option could impact Passport's service adoption and market penetration.
  • Expansion into non-core services like youth camps may dilute Passport's strategic focus.

What makes Passport unique

  • Passport offers a comprehensive mobility management platform for parking and transportation needs.
  • The company serves over 800 cities, providing a wide client base and market reach.
  • Passport's platform centralizes parking data, enhancing operational efficiency and revenue generation.

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Funding

Total Funding

$346.5M

Above

Industry Average

Funded Over

7 Rounds

Growth Equity VC funding comparison data is currently unavailable. We're working to provide this information soon!
Growth Equity VC Funding Comparison
Coming Soon

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-1%

2 year growth

0%
PR Newswire
Mar 27th, 2025
Spring Break Support: Passport Helps Florida Cities Navigate Curb Congestion

Parking and enforcement technology leader works with top destination cities like Tampa, Key West, Panama City, Destin, and moreCHARLOTTE, N.C., March 27, 2025 /PRNewswire/ -- Passport , the most trusted technology partner for innovative curb management solutions, is helping Florida cities manage the influx of spring break visitors and is revealing its parking and payment best practices. Last year, Florida saw a record-breaking 142.9 million visitors, with a significant portion traveling during the spring break season in March and April - more people can mean more problems with parking."With Spring Break approaching, Florida is preparing for a record influx of visitors—and as someone who grew up here, I know firsthand how crucial this surge is to local economies," said Khristian Gutierrez, co-founder and CEO of Passport. "But we also want to ensure local officials have the software resources to keep their communities functioning smoothly. As a trusted partner to cities across North America, we offer real-time insights and comprehensive parking compliance solutions that empower leaders to make informed decisions—both during peak demand and throughout the year—ultimately helping communities thrive."Passport's fully integrated curb management solution brings together parking enforcement, mobile pay parking, digital permitting, payments, and more. By centralizing parking data, Passport ensures cities can operate more efficiently, increase revenue, and improve the parking experience.In February 2025, the City of Tampa experienced a 57.5% increase in Passport Parking sessions compared to February 2024 and is preparing for more congestion in the month ahead. "The City of Tampa is focused on making our city fun for tourists and livable for our residents, even during high-volume times like spring break," said Fed Revolte, City of Tampa Parking Division Manager

Fortune
Jan 6th, 2025
Faith-based payment service Vanco could fetch $1 billion, Passport Labs seeks a buyer

Passport has raised $213.5 million in funding, according to Crunchbase.

Passport Inc.
Jan 6th, 2025
Jefferson City, MO expands Passport partnership with new digital parking permits

Currently, the City leverages Passport's compliance platform to power and manage parking enforcement and mobile pay parking.

PRWeb
Jun 3rd, 2024
Passport Addresses How To Drive Efficiency Through Technology And Engagement At International Municipal Parking Association Conference Next Week

Passport's Digital Enforcement Solution empowers cities to easily and effectively manage parking, make data-informed decisions, and maintain compliance

Baptist News Global
Nov 8th, 2023
Passport announces new cross-cultural youth camps

Passport Inc. is collaborating with five major faith-based organizations to launch a new series of summer camps designed to foster cross-cultural experiences between youth from diverse racial and economic backgrounds.

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