The round is led by TCV, with participation from new investors including Flexport, FJ Labs and Pure Imagination as well as industry angels including Nik Sharma CEO of Sharma Brands, Kitsch founders Cassandra and Jeremy Thurswell, Shopify's former VP of Shipping Louis Kearns, Jeremy Cai CEO of Italic and Sid Gupta CEO of Quince. The round has also garnered participation from existing investors including M13, Resolute, and River Park Ventures. Since its inception in 2017, Passport has raised a total of $54 million.

Founded in 2017, Passport is an international shipping carrier built for e-commerce brands, marketplaces and 3PLs. The company manages all the complexities associated with international shipping so brands can stay focused on their core business. More information on the company can be viewed online at https://passportshipping.com