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Passage

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Passage is a company that provides access to life-changing educational and career opportunities to individuals, with a mission to provide equal access and overcome the cost of immigration for…

Toronto, CanadaFounded 2023Edtech
Valuation $100–500M Latest valuation · 2023
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Passage and the history behind them.

About Passage

Passage.com is a startup focused on democratizing access to education and career opportunities, particularly for immigrants and individuals from underprivileged backgrounds. The company operates in the education and financial services market, aiming to bridge the gap between talent and opportunity on a global scale.

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Passage's business model revolves around creating partnerships with educational institutions, employers, and financial organizations. By leveraging specialized technology, Passage simplifies and reduces the cost of accessing education and career opportunities. This approach not only helps individuals achieve their potential but also ensures that the system is sustainable and can continue to operate independently over time.

The company serves a diverse clientele, including immigrants who face significant financial barriers when moving to North America. For many, the cost of living abroad for a year can equate to a decade's worth of earnings in their home country. Passage addresses this issue by providing the necessary financial infrastructure to support these individuals, enabling them to pursue life-changing educational and career opportunities.

Passage makes money through partnerships with educational institutions and employers who benefit from a more diverse and skilled talent pool. Additionally, financial institutions collaborate with Passage to offer tailored financial products that support the company's mission. By creating a win-win scenario for all parties involved, Passage ensures its business model is both profitable and impactful.

In summary, Passage.com is dedicated to making education and career opportunities accessible to everyone, regardless of their background. By partnering with key stakeholders and utilizing advanced technology, the company creates sustainable pathways for social mobility.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2023
Headquarters
Toronto, Canada
Employees
71
Open positions
152
Dealroom signal
92.2/100
Industry
Education
Sub-industry
Education Management
Sector
Edtech
Business model
Marketplace & ecommerce
Client focus
b2c

Latest news

Press, funding announcements and product moves mentioning Passage.

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Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SEEDEquity / VC Jun 2023 $30M $120M Drive Capital
Showing the latest 1 of 1 recorded eventsBook a demo for the full funding history →

Growth signals

Passage website traffic

Latest recorded traffic for Passage is 88K monthly website visits, down 48.2% over the last three months. Passage's team grew 36.5% over the past year.

Latest monthly visits88K 3-month web change-48.2% 1-year team growth+36.5%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Open positions

Openings linked to this company in Dealroom
8 distinct openings shownExplore hiring signals →

Investors

3 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Drive Capital

Other known investors2 additional known investors

  • Golden Ventures
  • Panache Ventures
Team profiled 7 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
9 countries with
team presence
🇨🇦 Canada57.4%
🇮🇳 India13%
🇳🇬 Nigeria11.1%
🇦🇲 Armenia9.3%
🇵🇰 Pakistan1.9%
Top 5 of 9 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Passage on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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