Passes

Passes

Digital ticket storage and management platform

About Passes

Simplify's Rating
Why Passes is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Consumer Software

Cybersecurity

Company Size

51-200

Company Stage

Series A

Total Funding

$63.2M

Headquarters

Miami, Florida

Founded

2022

Overview

Passes.com provides a platform for users to store and manage their digital tickets securely. Users can keep all their tickets in one location, making it easy to access and organize them. The website includes features like ticket sharing, ticket transfer, and ticket tracking, which enhance the user experience. What sets Passes.com apart from its competitors is its comprehensive suite of features that simplify ticket management and its commitment to data security. The company's goal is to offer a reliable service that ensures users can manage their tickets efficiently while keeping their information safe.

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Simplify's Take

What believers are saying

  • Passes' $40M Series A funding supports expansion and platform development.
  • Partnerships with universities like Michigan and Texas enhance brand visibility and user engagement.
  • The acquisition of Fanhouse strengthens Passes' position in the creator economy.

What critics are saying

  • Legal challenges in NIL rights could impact university partnerships' sustainability.
  • Expansion into new Los Angeles space may strain financial resources if growth lags.
  • Competition from platforms like OnlyFans and Patreon threatens Passes' market position.

What makes Passes unique

  • Passes offers a unique suite of features for managing digital tickets securely.
  • The platform empowers creators with tools for subscription, paid DMs, and exclusive content.
  • Passes' partnerships with universities enhance athlete-fan engagement through NIL monetization.

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Funding

Total Funding

$63.2M

Above

Industry Average

Funded Over

3 Rounds

Notable Investors:
Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$40M
Passes
$100M
GitHub

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Retirement Plan

Unlimited Paid Time Off

Professional Development Budget

Flexible Work Hours

Company Equity

Growth & Insights and Company News

Headcount

6 month growth

↑ 3%

1 year growth

↓ -6%

2 year growth

↓ -6%
PR Newswire
Nov 19th, 2024
Passes And University Of Michigan Launch Landmark Partnership To Revolutionize Fan Engagement Nil Monetization

LOS ANGELES, Nov. 19, 2024 /PRNewswire/ -- Passes, the premier direct-to-fan engagement and monetization platform, has joined forces with the University of Michigan to unlock athlete Name, Image, Likeness value across 29 varsity sports, recruit and retain top student athletes, and create an ecosystem for unprecedented fan access. This multi-year partnership through Learfield empowers Michigan student athletes to sell exclusive content, mentorships, and merchandise and empowers fans to play a role in the retention and recruitment of athletic and academic talent. Empowering Athletes, Engaging Fans

Intelligence360
Sep 13th, 2024
Passes To Expand Into 25,000 Square Feet Of Space In Los Angeles California.

Passes to expand into 25,000 square feet of space in Los Angeles California. Passes to expand into 25,000 square feet of space in Los Angeles California.Los Angeles, California — According to state and local development sources, Passes plans to build out 25,000 square feet of new space in Los Angeles. The company plans to occupy the new space at 720 North Cahuenga Boulevard in Los Angeles, on or about February 1, 2025. According to the company website Passes provides creators with the tools they need to scale their business and become entrepreneurs. Build community or connect with fans individually with customizable memberships. Limit DMs, grant access to certain posts, offer live streams or calls and create exclusive memberships

PR Newswire
Jun 13th, 2024
Passes Partners With Texas One Fund To Revolutionize Nil Monetization For University Of Texas Athletes

AUSTIN, Texas, June 13, 2024 /PRNewswire/ -- Today, Passes, the leading content creator platform, is thrilled to announce its groundbreaking partnership with the Texas One Fund, marking the first-ever NIL collective deal on the Passes platform. This collaboration opens new avenues for college athletes to deepen fan connections through exclusive behind-the-scenes access and compelling day-in-the-life content with Passes exclusive and advanced features such as interactive Q&A sessions and robust DMs.This partnership signifies a new wave in the content creator monetization space through sports. By joining forces, the Texas One Fund and Passes are at the forefront of revolutionizing how NIL athletes engage with their audiences. Over 40 of the top University of Texas athletes spanning sports such as Football, Basketball (both men's and women's), Baseball, Softball, Volleyball, and Olympic Athletics will be joining Passes. This diverse representation underscores Passes' commitment to inclusivity and recognizing athletes across various disciplines.Sports is a microcosm of society, and this partnership exemplifies Passes' dedication to supporting all creators across all areas of life. Whether it's athletes on the field or creators in other domains, Passes provides a platform for individuals to share their stories and connect with their audiences worldwide.Throughout the season, the Texas One Fund will deliver unparalleled experiences for Passes subscribers, including ticket giveaways, sideline access, athlete takeovers, autographed items from current and past Texas stars, exclusive shock drops, and away game meet-ups.To learn more about the Texas One Fund partnership with Passes and to stay updated on exclusive content and experiences, visit passes.com/texas-longhorns.The agreement was negotiated by WME Sports as part of its wide-ranging partnership with Texas One Fund to secure impactful NIL opportunities for student-athletes attending the University of Texas.About Passes:Passes is a leading content creator platform that helps creators diversify their revenue streams, scale their businesses, and connect with fans on a deeper level

Sportico
May 1st, 2024
LSU's Livvy Dunne Joins Passes in Company's First NIL Deal

In February 2024, Passes announced that it raised $40 million in Series A led by Bond Capital and that had a $9 million seed round.

Passes
Feb 28th, 2024
Passes announces $40m Series A

I’m excited to share that Passes has raised a $40m Series A led by Bond Capital, with Mood Rowghani joining Passes’s board. We’ve also had some incredible people join or double down on this round including Ramtin Naimi (Abstract Ventures), Michael Ovitz (founder of CAA, Crossbeam Ventures)

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