# Passes

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/passes

- Industry: Software
- Headquarters: Miami, US
- Website: www.passes.com
- Total disclosed funding: $49M
- Latest round: Series A (Feb 28, 2024)
- Investors on record: 10

## About

Founded in 2022 and based in Florida, US, Passes, Inc. operates as a software company that provides a paywall community platform for creators. The company was founded by its CEO, Lucy Guo. In February 2024, Passes, Inc. raised USD 40 million in series A funding led by Bond Capital, with participation from Abstract Ventures, and Crossbeam Ventures Partners.

Passes offers an invite-only paywall platform, which is a creator-to-fan relationship platform that enables creators to interact with their followers and superfans through direct messaging, 1:1 fan calls, and video calling. The platform allows creators to earn revenue through subscriptions, tips, live streaming, and unlockable posts and DMs.

The company generates revenue by offering its services on a subscription-based pricing plan. The price of the plans varies from USD 99 to USD 500.

Passes plans to use the funds raised in February 2024 to support its goal of turning creators into entrepreneurs.

## Funding rounds

- Series A, Feb 28, 2024, $40M — Abstract Ventures, Bond, Crossbeam Venture Partners
- Seed, Jul 12, 2023, $9M — Menlo Ventures, Gradient Ventures, Multicoin Capital, Craft Ventures, Florida Funders, Anti Fund, 11:11 Media

## Investors

- Menlo Ventures (https://capitalatlas.ai/funds/menlo-ventures) — Seed
- Gradient Ventures (https://capitalatlas.ai/funds/gradient-ventures) — Seed
- Multicoin Capital (https://capitalatlas.ai/funds/multicoin-capital) — Seed
- Craft Ventures (https://capitalatlas.ai/funds/craft-ventures) — Seed
- Florida Funders (https://capitalatlas.ai/funds/florida-funders) — Seed
- Anti Fund (https://capitalatlas.ai/funds/anti-fund) — Seed
- 11:11 Media — Seed
- Abstract Ventures (https://capitalatlas.ai/funds/abstract-ventures) — Series A
- Bond (https://capitalatlas.ai/funds/bond) — Series A
- Crossbeam Venture Partners (https://capitalatlas.ai/funds/crossbeam-venture-partners) — Series A
