How Much Did PassTime Raise?
Funding & Key Investors

PassTime, a provider of GPS Solutions for the automotive industry, has secured $350K in total financing, with a recent strategic investment of $350K announced on April 13, 2020. This significant capital infusion underscores the company's established presence and growth trajectory within the competitive automotive technology sector.

What is PassTime?

PassTime
SoftwareSupply Chain Management (SCM) SoftwareMobile App Development

Headquartered in Littleton, Colorado, PassTime specializes in delivering advanced GPS solutions designed to empower automotive industry clients. Their offerings focus on enabling customers to enhance vehicle connectivity, bolster asset protection, and drive business expansion through innovative technology. The company's commitment to providing robust tracking and management tools positions it as a key player in safeguarding automotive assets and optimizing operations.

How much funding has PassTime raised?

PassTime has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in PassTime

PPP

Public-Private Partnership

What's next for PassTime?

With a substantial total funding amount and a recent strategic investment, PassTime is well-positioned for its next phase of growth. This capital is likely to fuel further development of its GPS technology, expansion into new markets, and enhancement of its service offerings. The company's focus on asset protection and connectivity within the automotive sector suggests potential strategic initiatives aimed at deepening its market penetration and solidifying its competitive advantage through continued innovation and operational scaling.

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Frequently Asked Questions Regarding PassTime Financial Insights

What are the most recent funding rounds that PassTime has completed, and what were the funding rounds?
PassTime has recently completed 1 funding rounds: Debt on Apr 13, 2020.
What is the total amount of funding PassTime has raised to date?
PassTime has raised a total of $350K in funding to date.
How many funding rounds has PassTime completed?
PassTime has completed 1 funding rounds.
How much funding did PassTime raise in its most recent funding round?
PassTime raised $350K in its most recent funding round.
Who are the lead investors in PassTime's latest funding round?
The lead investor in PassTime's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in PassTime's history?
The largest funding round in PassTime's history was $350K.
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