 | |
| Company type | Private |
|---|---|
| Industry | Web and mobile payments software |
| Founded | May 2010 |
| Founder | Bob Youakim Charlie Youakim |
| Headquarters | |
| Website | www |
Passport is aCharlotte, North Carolina–based curb managementpayment service provider and software company.[1]
Specializing in mobile payments for transportation, Passport provides an enterprise software platform for cities, transit agencies, universities, and private operators in the parking and transportation industries throughout the U.S. andCanada.[2] Passport’s primary applications includemobile payments for parking and mobile ticketing for transit operations.[3] Passport's software allows municipalities and private operators to charge users for parking without hardware payment stations.[4][5]
Passport was founded by Charlie Youakim in Minnesota in 2010.[6]
Investment firm Sixth Street Growth put up the capital for Passport with a reported $90 million investment. In 2017, the company raised $43 million in Series C funding led by Bain Capital. By 2021, the company had raised nearly $200 million.[7]
In February 2023, Passport partnered with AutoReturn, a towing management systems provider that provides cities with a parking citation management system. Passport's mobility management platform allows for integration with any towing company, like Auto Return, allowing enforcement officers to quickly issue a tow through their handheld devices.[8]
The company acquired Scottsdale, Arizona-based ParkX LLC in 2016.[9]
In 2018, Passport acquired NuPark, a license plate reading company.[1][10] In 2021, NuPark was sold to T2 Systems.[11]
| International | |
|---|---|
| National | |
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