Fundraising FoxPassport Parking
Charlotte, US · Founded 2013 · Delaware corporation · 1 known investors
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Passport Parking offers a smartphone app that lets drivers pay for parking by entering a zone number, choosing a payment method, receiving expiration reminders, and extending sessions remotely. The company's broader focus is on parking payment technology aimed at municipalities and smart-city management.
Founders & leadership
Passport Parking was founded in 2013 by Robert Youakim.
RY
Robert YouakimChief Executive Officer
KG
Khristian GutierrezNamed on SEC filing
Board
BM
Bret MaxwellBoard director
DR
Don RaineyBoard director
CN
Cameron NewtonBoard director
Investors · 1
Reported raises · per SEC filings
Form D private placements$49.5M disclosed across 2 rounds · 2016–2017
▶$43MraisedDec 2017 · 4 investors · Other TechnologyRule 506(b)
▶$43MraisedDec 2017 · 4 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Cameron NewtonDirector
- Bret MaxwellDirector
- Don RaineyDirector
- Khristian GutierrezExecutive Officer, Director
- Robert YouakimExecutive Officer, Director
- Offering amount
- $50M
- Amount sold
- $43M
- Minimum investment
- $153.5K
- First sale
- Dec 2017
- Incorporated
- Corporation, Delaware, 2013
- Federal exemptions
- 06b
▶$6.5MraisedMay 2016 · 4 investors · Other TechnologyRule 506(b)
▶$6.5MraisedMay 2016 · 4 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Bret MaxwellDirector
- Robert YouakimExecutive Officer, Director
- Khristian GutierrezExecutive Officer, Director
- Don RaineyDirector
- Cameron NewtonDirector
- Offering amount
- $8M
- Amount sold
- $6.5M
- Minimum investment
- $200K
- First sale
- Apr 2016
- Incorporated
- Corporation, Delaware, 2013
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Related companies · 4
Spot HeroSpotHero is a parking reservation app that helps drivers find and book affordable parking at garages, lots, and valet services across North American cities. The platform operates in over 400 major cities and serves as a marketplace connecting drivers with parking providers.
ParkWhizParkWhiz is an online parking marketplace and mobile app that lets drivers search, compare prices, and reserve parking spaces in advance for events or immediate use. Users book spots through the app and enter using a mobile parking pass, often at discounts off standard rates.
Way
SpotAngelsSpotAngels provides a mobile app that helps users find parking, avoid tickets through location reminders, and pay parking meters in select cities. The service serves drivers in urban areas and generates revenue through premium subscriptions and parking transaction commissions.
Companies working in the same space as Passport Parking.
Frequently asked questions
- What does Passport Parking do?
- Passport Parking offers a smartphone app that lets drivers pay for parking by entering a zone number, choosing a payment method, receiving expiration reminders, and extending sessions remotely. The company's broader focus is on parking payment technology aimed at municipalities and smart-city management.
- Who founded Passport Parking?
- Passport Parking was founded by Robert Youakim in 2013.
- Who are Passport Parking's investors?
- Passport Parking's investors include Conversion Venture Capital (CVC2).
- How much funding has Passport Parking raised?
- Passport Parking has disclosed $49.5M raised across 2 rounds.
- Where is Passport Parking headquartered?
- Passport Parking is headquartered in Charlotte, US.