Companies · Other Technology

Passport Worldwide Inc

PALM HARBOR · Other Technology

Diligence memoA one-page analyst read on Passport Worldwide Inc — recommendation, valuation, rhythm, risks.
$1.6M
Total raised · real
1
Rounds
Latest step-up
Top 64%
Sector rank · raised
Seed
Latest stage · inferred · Wed Sep 08 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

Passport Worldwide Inc looks under-valued against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the technology sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.59× the median modeled value of Seed Other Technology companies in 2019–2021 (1049 peers) — value vs value, same stage and era.
Dormant
  • Last raise 4.8 yr ago; this sector typically re-raises about every 13 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Other Technology

Passport Worldwide Inc is one of 21302 Other Technology companies tracked from PALM HARBOR. By capital raised it ranks in the long tail (ahead of 37% of sector peers), and mid-pack by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
No revenue
Issuer revenue
Rule 506(b)
Reg D exemption
2020
Year incorporated
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$13M$25M$38M$50MSeed · 2021-09-08 Raised $1.6M (real) Modeled valuation $31M (est)$1.6M$31MSeed2021

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Seed$1.6M · 2021

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 50%.

Modeled valuation trajectory
$31.1M
Base estimate est.
$1.4M
Conservative case
$176.9M
Upside case
$8.0M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Seeda $1.0M–$4.0M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
20%
Dilution assumption
Implied ownership sold in the financing.
39%
Survival probability
18% low · 61% high
1.61×/yr
Annual markup
2.11×/yr upside case
4.8 yr
Elapsed time used
4.8 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
4.8 yr
On record since
2021
First round
1
Rounds on file
How it compares to the market

Benchmarked against 21302 companies in Other Technology. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 0.5× of median
This company$1.6M
Sector median$3.2M
Latest round — vs other Seed rounds in sector (real $, this stage) 0.9× of median
This company$1.6M
Sector median$1.8M
Modeled value — vs sector median (estimate, all stages) 0.8× of median
This company$31.1M
Sector median$37.3M

Raised more than 37% of sector peers (real $). Modeled value above 46% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Seed) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #814 of 1,049.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0MCapital raised (log)Platypus Institute Inc. · Seed Raised $6.5M · modeled $136.3M (est)Pointivo, Inc. · Seed Raised $5.4M · modeled $136.3M (est)RealtimeX Inc. · Seed Raised $4.0M · modeled $136.3M (est)Scholastic Network Partners, LLC · Seed Raised $4.0M · modeled $136.3M (est)Social Circle, LLC · Seed Raised $4.5M · modeled $136.3M (est)Altinity Inc. · Seed Raised $6.9M · modeled $136.3M (est)Thundra, Inc. · Seed Raised $4.0M · modeled $136.3M (est)Sideqik, Inc. · Seed Raised $4.0M · modeled $136.3M (est)LevelOps Inc. · Seed Raised $4.0M · modeled $136.3M (est)Zebrium, Inc. · Seed Raised $7.3M · modeled $136.3M (est)Datawire, Inc. · Seed Raised $4.0M · modeled $136.3M (est)Centercode, Inc. · Seed Raised $7.5M · modeled $136.3M (est)Passport Worldwide Inc (this company) Raised $1.6M · modeled $31.1M (est)Passport Worldwide Inc
CompanyStageRaised · realValue · estvs peer med.
Platypus Institute Inc.Seed$6.5M$136.3M2.57×
Pointivo, Inc.Seed$5.4M$136.3M2.57×
RealtimeX Inc.Seed$4.0M$136.3M2.57×
Scholastic Network Partners, LLCSeed$4.0M$136.3M2.57×
Social Circle, LLCSeed$4.5M$136.3M2.57×
Altinity Inc.Seed$6.9M$136.3M2.57×
Thundra, Inc.Seed$4.0M$136.3M2.57×
Sideqik, Inc.Seed$4.0M$136.3M2.57×
LevelOps Inc.Seed$4.0M$136.3M2.57×
Zebrium, Inc.Seed$7.3M$136.3M2.57×
Datawire, Inc.Seed$4.0M$136.3M2.57×
Centercode, Inc.Seed$7.5M$136.3M2.57×
Passport Worldwide Inc this companySeed$1.6M$31.1M0.59×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Seed$1.6M2021-09-08$8.0M$31.1M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Seed$1.6M2021-09-08
    • First recorded raise — entered as Seed.
Intelligence
Modeled next raise
$2.6M
Modeled next size est.range $1.7M$4.1M
Last step-up
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Beverly Lynn Abercrombie2021-09
Christopher Derek Himmel2021-09
David Genon Wofford2021-09
Dawn Marie Wilson2021-09
Robert Arthur Lynch2021-09
Registry & provenance

Passport Worldwide Inc is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1881030
SEC CIK
2020
Incorporated
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Hued Inc.Other TechnologySeed$1.6M$32.2Msame sector · same stage
Souler, Inc.Other TechnologySeed$1.6M$30.6Msame sector · same stage
Favik LLCOther TechnologySeed$1.6M$32.2Msame sector · same stage
Scp Select - Btk Tf I, LlcOther TechnologySeed$1.6M$32.3Msame sector · same stage
Bluewire, LLCOther TechnologySeed$1.6M$32.5Msame sector · same stage
SideAssure, Inc.Other TechnologySeed$1.7M$30.6Msame sector · same stage
Passenger Inc.Other TechnologySeed$1.7M$32.5Msame sector · same stage
Sayge Inc.Other TechnologySeed$1.7M$31.9Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Passport Systems IncSoftware / TechSeries B$629.9M89%
Passport Labs, Inc.Software / TechSeries C$1.4B86%
Passport Parent CorpOtherSeries A$166.3M86%
Passport Topco, Inc.OtherSeries B$581.5M82%
Acai Travel Inc.Other TechnologySeed$11.8M81%
Professional Credentials Exchange, Inc.Other TechnologySeries A$86.6M81%
Online Visas, Inc.Other TechnologyPre-Seed$39.2M81%
Max Travel, Inc.Other TechnologyPre-Seed$3.3M81%
Frequently asked
How much funding has Passport Worldwide Inc raised?
Passport Worldwide Inc has raised approximately $1.6M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Passport Worldwide Inc's estimated valuation?
Provath's modeled valuation for Passport Worldwide Inc is approximately $31.1M (modeled range $1.4M–$176.9M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Passport Worldwide Inc at?
Passport Worldwide Inc's latest modeled financing stage is Seed. Its most recent recorded round closed around Wed Sep 08.
What does Passport Worldwide Inc do and where is it based?
Passport Worldwide Inc operates in the Other Technology sector, based in PALM HARBOR.
Explore related

See where Passport Worldwide Inc sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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