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Passport

Passport is a transactions & payments and operations management platform for cities looking to digitize the management of mobility activities.

Mobility payments software platform for cities

Passport is the developer of a parking and transportation management platform designed to centralize, as well as control, parking and transit systems. The company’s platform uses an operating system that assists city leaders to manage vehicle interactions with streets and sidewalks, creating more livable and equitable communities, while enabling clients to improve their decision-making processes and maximize efficiencies in spatial planning.

Cities are facing unprecedented growth in complexity and stress across their transportation and mobility systems and infrastructure. Through its differentiated and vertically integrated payments technology stack, Passport is the single integrated platform to digitize and manage parking, permitting, enforcement and orchestration of third-party delivery and mobility networks.

Details

Location
Charlotte, NC
Focus Area
Intelligent Mobility
Activate Team
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Anup Jacob

Managing Partner

Anup has been investing over 20 years in energy, water and industrial technology businesses. He has served on multiple private and public company boards and chaired audit and compensation committees.

Prior to co-founding Activate, Anup was a founder and partner at several private equity firms including Mubadala Capital, an Abu Dhabi sovereign wealth fund. Prior to Mubadala, he was a Managing Partner at Masdar, a subsidiary of Mubadala focused on sustainable investments advancing renewable energy globally. From 2007 to 2013, Anup was a Co-Founder and Partner at Virgin Green Fund, the green investment vehicle for Richard Branson’s Virgin Group, a growth equity firm investing in the renewable energy and resource efficiency sectors. From 1999 to 2007 Anup was a Partner at TPG-Aqua where he focused on investments in the water sector. Throughout his career, Anup has served on several company boards including Stem (NYSE: STEM), Volta (NYSE: VLTA) and current investments Boosted, Passport Labs and PosiGen.

Anup has served at a national judge for the E&Y Entrepreneur of the Year Awards, the Financial Times/Just Means Social Innovations Awards, Zayed Future Energy Prize, the MIT Clean Energy Prize and has been a keynote speaker at several conferences including the Norwegian Govt Enova Initiative, California’s BlueTech Valley and for MBA students at Yale SOM & MIT.

Anup holds a degree in Economics, with honors, from the University of Chicago and is also on the non-profit board of Grid Alternatives, which aims to bring renewable energy to low-income homeowners. In his free time, Anup enjoys running with his dog, surfing and Burning Man.

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Highlights

800 +

cities and operators using Passport

$2 B

in mobility payments processed