PassFort Overview
- Year Founded
-
2015
- Status
-
Acquired/Merged
- Employees
-
76
- Latest Deal Type
-
M&A
- Latest Deal Amount
-
$158M
PassFort General Information
Description
Developer of a compliance check platform designed to revolutionize the way companies think about trust and compliance in regulated markets. The company's platform automates the collection, verification and secure storage of customer due diligence data by creating automated workflows for onboarding and monitoring, enabling clients to save time, money and complexity.
Contact Information
Website
www.passfort.comCorporate Office
- 1 Mark Square
- London EC2A 4EG
- England, United Kingdom
Corporate Office
- 1 Mark Square
- London EC2A 4EG
- England, United Kingdom
PassFort Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Merger/Acquisition | 30-Nov-2021 | $158M | Completed | Generating Revenue | ||
| 6. Later Stage VC (Series A) | 13-Aug-2021 | Completed | Generating Revenue | |||
| 5. Early Stage VC | 08-Oct-2018 | Completed | Generating Revenue | |||
| 4. Early Stage VC | 17-Aug-2017 | Completed | Generating Revenue | |||
| 3. Accelerator/Incubator | 06-Jan-2016 | Completed | Generating Revenue | |||
| 2. Early Stage VC | 05-Nov-2015 | $938K | $1M | Completed | Generating Revenue | |
| 1. Accelerator/Incubator | 10-Apr-2015 | $63.8K | $63.8K | Completed | Generating Revenue |
PassFort Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| B Preferred | ||||||||
| B Preferred | ||||||||
| B Preferred | ||||||||
| A1 Preferred | ||||||||
| A1 Preferred | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | ||||||||
| Seed | 771,670 | $0.000014 | $0.65 | $0.65 | $0.65 | 2.83% | ||
| Ordinary | 845,665 | $0.000014 | $0.65 | $0.65 | $0.65 | 3.1% |
PassFort Comparisons
Industry
Financing
Details
PassFort Competitors (26)
One of PassFort’s 26 competitors is SwiftDil, a Corporation company based in London, United Kingdom.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| SwiftDil | Corporation | London, United Kingdom | ||||
| SalesHood | Venture Capital-Backed | San Francisco, CA | ||||
| Zoho Corporation | Formerly VC-backed | Chennai, India | ||||
| MobileForce Software | Venture Capital-Backed | Sunnyvale, CA | ||||
| Salesforce | Formerly VC-backed | San Francisco, CA |
PassFort Signals
PassFort Former Investors (17)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Adfisco | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Angel (individual) | Minority | |||
| Angel (individual) | Minority | |||
| Entrepreneurs First | Venture Capital | Minority |
PassFort FAQs
-
When was PassFort founded?
PassFort was founded in 2015.
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Where is PassFort headquartered?
PassFort is headquartered in London, United Kingdom.
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What is the size of PassFort?
PassFort has 76 total employees.
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What industry is PassFort in?
PassFort’s primary industry is Business/Productivity Software.
-
Is PassFort a private or public company?
PassFort is a Private company.
-
What is the current valuation of PassFort?
The current valuation of PassFort is .
-
What is PassFort’s current revenue?
The current revenue for PassFort is .
-
How much funding has PassFort raised over time?
PassFort has raised $17.6M.
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Who are PassFort’s investors?
Adfisco, , , , and Entrepreneurs First are 5 of 17 investors who have invested in PassFort.
-
Who are PassFort’s competitors?
SwiftDil, SalesHood, Zoho Corporation, MobileForce Software, and Salesforce are some of the 26 competitors of PassFort.
-
When was PassFort acquired?
PassFort was acquired on 30-Nov-2021.
-
Who acquired PassFort?
PassFort was acquired by Moody's.
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