# Passport funding: rounds and investors

> Passport has raised $209M across 10 rounds since 2010. Investors include Bain Capital Ventures, Precursor Ventures and Grotech Ventures.

Source: https://millionrounds.com/company/passport (Millionrounds; every figure on the page links to its filing or article)

United States · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Passport*

10 rounds we have observed, with the 20 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Fintech Logistics Regtech

Funding summary Updated 26 Oct 2026

**$209M** raised across 10 rounds since 2010, from 10 sources

**$500K** Seed **$469K** Seed **$569K** Seed **$6.0M** Series A **$43M** Series C **$3.0M** Seed **$65M** Series D **$90M** Growth

- **Latest round:** Venture Aug 2025
- **Biggest round:** $90M Growth · May 2021
- **Investors:** 20

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2010 2012 2014 2016 2018 2020 2022 2024

**$500K** Seed

**$469K** Seed

**$569K** Seed

**$43M** Series C

**$3.0M** Seed

**$65M** Series D

**$90M** Growth

**?** Venture

**?** Venture

- **First round:** Seed, $500K
- **Biggest round:** $90M
- **Usual gap between rounds:** 14 months

## The rounds

- **Aug 2025** Venture **Amount undisclosed** *1 new* *1 returning* [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Bain Capital Ventures](https://millionrounds.com/fund/bain-capital-ventures) Source recorded
- **Nov 2024** Venture **Amount undisclosed** *4 new* *1 returning* [FJ Labs](https://millionrounds.com/fund/fj-labs) [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) [Precursor Ventures](https://millionrounds.com/fund/precursor-ventures) [TCV](https://millionrounds.com/fund/tcv) [Republic](https://millionrounds.com/fund/republic-2) Source recorded
- **May 2021** Growth **$90M** *1 returning* [Bain Capital Ventures](https://millionrounds.com/fund/bain-capital-ventures) Source recorded
- **Dec 2019** Series D **$65M** *6 new* *1 returning* [Bain Capital Ventures](https://millionrounds.com/fund/bain-capital-ventures) [Rho Capital Partners](https://millionrounds.com/fund/rho-capital-partners) [Grotech Ventures](https://millionrounds.com/fund/grotech-ventures) [H.I.G. Capital](https://millionrounds.com/fund/h-i-g-capital) [MK Capital](https://millionrounds.com/fund/mk-capital) [ThornTree Capital Partners](https://millionrounds.com/fund/thorntree-capital) Relevance Capital Reported by FinSMEs SEC filing: $21M sold, first sale Mar 2016
- **Oct 2018** Seed **$3.0M** *5 new* [Precursor Ventures](https://millionrounds.com/fund/precursor-ventures) [Ryan Hoover](https://millionrounds.com/fund/ryan-hoover) [April Underwood](https://millionrounds.com/fund/april-underwood) Resolute Sophia Amoruso Reported by TechCrunch
- **Dec 2017** Series C **$43M** *1 new* [Bain Capital](https://millionrounds.com/fund/bain-capital) Reported by FinSMEs SEC filing: $43M sold, first sale Dec 2017
- **Dec 2013** Series A **$6.0M** *2 new* [Grotech Ventures](https://millionrounds.com/fund/grotech-ventures) [Relevance Capital](https://millionrounds.com/fund/relevance-capital) From a historical funding record
- **Sept 2013** Seed **$569K** *1 new* [NEST-TN](https://millionrounds.com/fund/nest-tn) From a historical funding record SEC filing: $21M sold, first sale May 2013
- **Dec 2012** Seed **$469K** No investor was named in the report. From a historical funding record
- **Apr 2010** Seed **$500K** No investor was named in the report. From a historical funding record

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2013 **Series A** 2013 **Series C** 2017 **Seed** 2018 **Series D** 2019 **Growth** 2021 **Venture** 2024 **Venture** 2025 [Bain Capital Ventures](https://millionrounds.com/fund/bain-capital-ventures) [Precursor Ventures](https://millionrounds.com/fund/precursor-ventures) [Grotech Ventures](https://millionrounds.com/fund/grotech-ventures) [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [FJ Labs](https://millionrounds.com/fund/fj-labs) [Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) [TCV](https://millionrounds.com/fund/tcv) [Rho Capital Partners](https://millionrounds.com/fund/rho-capital-partners) [Republic](https://millionrounds.com/fund/republic-2) [H.I.G. Capital](https://millionrounds.com/fund/h-i-g-capital)

## Everyone who backed them

[Bain Capital Ventures](https://millionrounds.com/fund/bain-capital-ventures) VC firm **3** rounds

[Precursor Ventures](https://millionrounds.com/fund/precursor-ventures) VC firm **2** rounds

[Grotech Ventures](https://millionrounds.com/fund/grotech-ventures) VC firm **2** rounds

[Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) VC firm **1** round

[FJ Labs](https://millionrounds.com/fund/fj-labs) VC firm **1** round

[Kleiner Perkins](https://millionrounds.com/fund/kleiner-perkins) VC firm **1** round

[TCV](https://millionrounds.com/fund/tcv) Private equity **1** round

[Rho Capital Partners](https://millionrounds.com/fund/rho-capital-partners) Private equity **1** round

[Republic](https://millionrounds.com/fund/republic-2) VC firm **1** round

[H.I.G. Capital](https://millionrounds.com/fund/h-i-g-capital) Growth equity **1** round

[Bain Capital](https://millionrounds.com/fund/bain-capital) Private equity **1** round

[NEST-TN](https://millionrounds.com/fund/nest-tn) VC firm **1** round

[MK Capital](https://millionrounds.com/fund/mk-capital) VC firm **1** round

[Relevance Capital](https://millionrounds.com/fund/relevance-capital) VC firm **1** round

[Ryan Hoover](https://millionrounds.com/fund/ryan-hoover) Angel **1** round

[April Underwood](https://millionrounds.com/fund/april-underwood) Angel **1** round

[ThornTree Capital Partners](https://millionrounds.com/fund/thorntree-capital) Private equity **1** round

Relevance Capital no record of our own yet **1** round

Resolute no record of our own yet **1** round

Sophia Amoruso no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=passport).

## Also claim to have backed them

These 3 firms list Passport as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Sixth Street](https://millionrounds.com/fund/sixth-street) Private equity Per its own site

[Charlotte Fund](https://millionrounds.com/fund/charlotte-fund) VC firm Per its own site

[Transform Capital](https://millionrounds.com/fund/transform-capital) Private equity Per its own site

## Quick answers about Passport

### Who invested in Passport?

Passport's investors include Bain Capital Ventures, Precursor Ventures, Grotech Ventures, Alumni Ventures and FJ Labs, and 15 more on record.

### How much has Passport raised?

Passport has raised $209M across 10 rounds since 2010. 2 rounds did not disclose an amount, so the total is a floor.

### When did Passport last raise?

Passport's most recent round was a Venture in Aug 2025.

### What was Passport's biggest round?

Passport's largest round on record is $90M (Growth), in May 2021.

### Who backed Passport first?

Passport's first round on record, in Sept 2013, was backed by NEST-TN.

### What stage is Passport at?

Passport's latest named round is a Venture, in Aug 2025.

### Where is Passport based?

Passport is based in the United States.

## Companies like Passport

In the same sector, and raised in the last eighteen months.

[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Xona** $512M · Oct 2026](https://millionrounds.com/company/xona)[**Coast** $77M · Oct 2026](https://millionrounds.com/company/coast)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos)

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