- Passport, a San Francisco, CA-based parcel supply chain network, raised $12M in Series A funding
- The round led by M13 with participation from Resolute Ventures, Precursor, Kleiner Perkins, RiverPark, and Republic
- The company also plans to use the funds to invest in its parcel supply chain network and continue to scale operations across the board
- Founded in 2017 and led by CEO Alex Yancher, Passport a modern international shipping carrier built for e-commerce and direct to consumer brands
- Then the company takes on all of the aspects of managing cross-border shipping for merchants
- Since its founding, Passport has shipped nearly 3M packages to countries all over the world from eCommerce and DTC brands like Betabrand, Native, and Bombas