Passport: Raises $12M in Series A Funding

  • Passport, a San Francisco, CA-based parcel supply chain network, raised $12M in Series A funding
  • The round led by M13 with participation from Resolute Ventures, Precursor, Kleiner Perkins, RiverPark, and Republic
  • The company also plans to use the funds to invest in its parcel supply chain network and continue to scale operations across the board
  • Founded in 2017 and led by CEO Alex Yancher, Passport a modern international shipping carrier built for e-commerce and direct to consumer brands
  • Then the company takes on all of the aspects of managing cross-border shipping for merchants
  • Since its founding, Passport has shipped nearly 3M packages to countries all over the world from eCommerce and DTC brands like Betabrand, Native, and Bombas
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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