Passport Capital

Passport Capital LLC is a global investment firm based in San Francisco, founded by John H. Burbank III in 2000. The firm manages approximately $4.2 billion in assets and focuses on achieving superior risk-adjusted returns. Passport Capital employs a multifaceted investment approach that combines macroeconomic analysis, fundamental research, and quantitative tools. It uses top-down analysis to identify sustainable economic changes that are not yet reflected in asset prices and conducts thorough research to pinpoint individual securities that align with its investment strategies. Additionally, the firm utilizes quantitative methods to construct portfolios designed to deliver optimal returns while adhering to specific risk and liquidity targets. Passport Capital is a federally registered investment adviser with the United States Securities and Exchange Commission.

Burbank III, C.F.A., John Howard

CIO

Julie Kim

General Counsel and Chief Compliance Officer

Zhan Onayev

Director

31 past transactions

Republic

Funding Round in 2018
Republic is an investment platform where everyone can invest as little as $10 in cutting-edge startups.

Zuora

Series F in 2015
Zuora provides cloud-based software on a subscription basis that enables companies in various industries to launch, manage, and transform into a subscription business. The firm offers Zuora Central platform that acts as an intelligent subscription management hub that automates the subscription order-to-cash process, including quoting, billing, collections, analytics, and revenue recognition. Its products include Zuora Billing, Zuora RevPro, Zuora CPQ, Zuora Insights, and Zuora Collect. Zuora caters to various industries comprising software, hardware, media, transportation, construction, healthcare, education, retail, Internet of Things, and others worldwide. It was founded in 2007 and headquartered in San Mateo, California.

BridgeLux

Venture Round in 2011
Bridgelux is the first, new US-based light-emitting diode (LED) chip company in the past 20 years. The Company’s focus is bringing innovation to light by providing high power, energy-efficient and cost-effective LED solutions. Bridgelux actively supports its customers by delivering value-added, application-specific solutions that will open up new markets in solid-state lighting (SSL). Customers leverage Bridgelux’s technology to replace traditional lamp and luminaire technologies (such as incandescent, halogen and fluorescent lighting solutions) with solid-state products that provide high performance and energy-efficient white light for general lighting applications. Bridgelux’s current and future-generation products support global clean energy initiatives by reducing energy consumption and offering environmentally friendly solutions.

Dharma Labs

Private Placement in 2019
Dharma Labs is a protocol for generic tokenized debt agreements. Dharma enables open, permissionless innovation in the lending industry, enabling aspiring entrepreneurs to build lending companies that take advantage of blockchain technology. Whether it’s a consumer lending platform, a margin lending network, or a platform for crowdfunding municipal bonds, you can quickly and securely build your lending company on Dharma.

TomoCredit

Seed Round in 2021
TomoCredit is building the next generation credit card designed for Millennials with no credit history or credit score by analyzing alternative data sources through its proprietary algorithm. founding team is made up of immigrant founders who all felt the challenge of getting a credit card as foreign nationals. The team is comprised of alum from Coinbase, The Kenetic Hedge Fund and Google and have attended schools including MIT and UC Berkeley.

CashStar

Series B in 2011
CashStar is the industry-leading provider of prepaid commerce solutions at the forefront of mobile payments, digital gifting and branded currency. The CashStar Commerce platform is used by merchants to increase revenue, reduce costs and optimize customer experiences across channels, and the CashStar Exchange platform is used by gift card distributors and loyalty programs to procure and deliver gift cards from hundreds of leading brands. CashStar clients include top brands like Sephora, Starbucks, The Home Depot, Uber and Walmart and distribution partners such as American Express Membership Rewards, Great Lakes Scrip, Maritz Motivation Solutions, MyCokeRewards, Raise.com and United MileagePlusX.

Sense Networks

Series A in 2008
YP Marketing Solutions

NEOS GeoSolutions

Private Equity Round in 2011
NEOS is a solutions-oriented geosciences company that is a leader in the emerging field of multi-measurement subsurface interpretation. Their mission is to help exploration geoscientists in the onshore oil & gas and mining industries make faster, more informed decisions about where to explore, where to lease, and where to drill.

Apartment List

Private Placement in 2017
Apartment List is a smart, simple, and seamless renting platform that’s dedicated to making the process fair and transparent for all. Their mission is to build a better world of renting for everyone, to get rid of the pain and complexity, and makes it more personal, flexible, and transparent. They make finding a home to love easy and enjoyable, with a personally curated search feature that gets to know the individual. It was incorporated in 2009 and is based in San Francisco, California.

Range Fuels

Series B in 2008
Range Fuels is a privately held company funded primarily by greentech venture capital companies, including Khosla Ventures, LLC, arguably the top venture firm in the U.S. focusing on alternative, clean energy systems. Their leadership team melds experience from the technologically intensive oil, chemical, petrochemical, coal gasification, power and gas-to-liquids industries, the renewable fuel industry, and the pulp and paper industry.

Quotient Technology

Series C in 2005
Quotient Technology (NYSE: QUOT), which recently changed its name from Coupons.com Incorporated, is a digital promotion and media platform that connects brands, retailers, and consumers. It distributes digital coupons and media through a variety of products, including: digital printable coupons, digital paperless coupons, coupon codes, and card linked offers. The company operates Retailer iQ, a mobile-first, real-time digital coupon platform that connects directly into a retailer’s point-of-sale system and provides targeting and analytics for manufacturers and retailers. It also powers digital coupon initiatives in online marketing campaigns — including display and video advertising. Quotient's distribution network includes the company's flagship site, Coupons.com, approximately 30,000 third-party publishers, as well as its mobile applications, Coupons.com and Grocery iQ, and those of the company's many partners. Quotient Technology was established in 1998 and is based in Mountain View, California.

QD Vision

Series E in 2013
Founded in August 2004, QD Vision is a nanotechnology product company delivering a new generation of display and lighting solutions to major industries where color, power, and design matter. The company is harnessing the unique light-emitting properties of quantum dots to deliver a new generation of display solutions that provide unmatched color, power efficiency, and cost savings QD Vision's technology platform sets new standards for color purity, brightness, power consumption, and design flexibility. Backed by a patent portfolio secured by the founders' research at MIT and continued developments at QD Vision, the company is targeting applications such as consumer electronics products, flat-panel displays, electronic signage, solid-state lighting, and national security.

Solana Co., Ltd.

Private Placement in 2019
Solana Co., Ltd. manufactures food products. The company offers food products including frozen, dried, and preserved. Solana Co., Ltd. was founded in 1982 and is based in Yannawa, Thailand.

Bright.com

Series B in 2013
At Bright, they believe that finding the right job should be easier than splitting an atom. Steeped in data science, Bright eliminates the noise in the hiring process by efficiently connecting job seekers to their best opportunities, and employers to their top prospects. They unlock the power of artificial intelligence to identify and establish a one-to-one signal between candidates and successful outcomes. Bright is not just an innovation in online job search — it’s a mission to move the labor markets faster. Their machine-learning algorithm, the Bright Score, examines thousands of data points to find the best fit between job seekers and job openings. By reducing time to hire, Bright is changing the way the world thinks about the hiring process.

Dharma Labs

Series A in 2019
Dharma Labs is a protocol for generic tokenized debt agreements. Dharma enables open, permissionless innovation in the lending industry, enabling aspiring entrepreneurs to build lending companies that take advantage of blockchain technology. Whether it’s a consumer lending platform, a margin lending network, or a platform for crowdfunding municipal bonds, you can quickly and securely build your lending company on Dharma.

Solana

Series A in 2019
Solana is a high performance blockchain that can scale over 700k transactions per second on stock hardware to deliver on the promise of blockchain. Solana was founded in 2017 and is based in San Francisco, California.

CashStar

Venture Round in 2012
CashStar is the industry-leading provider of prepaid commerce solutions at the forefront of mobile payments, digital gifting and branded currency. The CashStar Commerce platform is used by merchants to increase revenue, reduce costs and optimize customer experiences across channels, and the CashStar Exchange platform is used by gift card distributors and loyalty programs to procure and deliver gift cards from hundreds of leading brands. CashStar clients include top brands like Sephora, Starbucks, The Home Depot, Uber and Walmart and distribution partners such as American Express Membership Rewards, Great Lakes Scrip, Maritz Motivation Solutions, MyCokeRewards, Raise.com and United MileagePlusX.

Republic

Initial Coin Offering in 2018
Republic is an investment platform where everyone can invest as little as $10 in cutting-edge startups.

CashStar

Series C in 2011
CashStar is the industry-leading provider of prepaid commerce solutions at the forefront of mobile payments, digital gifting and branded currency. The CashStar Commerce platform is used by merchants to increase revenue, reduce costs and optimize customer experiences across channels, and the CashStar Exchange platform is used by gift card distributors and loyalty programs to procure and deliver gift cards from hundreds of leading brands. CashStar clients include top brands like Sephora, Starbucks, The Home Depot, Uber and Walmart and distribution partners such as American Express Membership Rewards, Great Lakes Scrip, Maritz Motivation Solutions, MyCokeRewards, Raise.com and United MileagePlusX.

Hortonworks

Series D in 2014
Hortonworks is a commercial vendor of Apache Hadoop, the preeminent open source platform for storing, managing, and analyzing big data. Hortonworks Data Platform, powered by Apache Hadoop, provides an open and stable foundation for enterprises and a growing ecosystem to build and deploy big data solutions. Hortonworks is the trusted source for information on Hadoop, and together with the Apache community, Hortonworks is making Hadoop more robust and easier to install, manage, and use. Hortonworks provides unmatched technical support, training, and certification programs for enterprises, systems integrators, and technology vendors.

Quotient Technology

Series D in 2006
Quotient Technology (NYSE: QUOT), which recently changed its name from Coupons.com Incorporated, is a digital promotion and media platform that connects brands, retailers, and consumers. It distributes digital coupons and media through a variety of products, including: digital printable coupons, digital paperless coupons, coupon codes, and card linked offers. The company operates Retailer iQ, a mobile-first, real-time digital coupon platform that connects directly into a retailer’s point-of-sale system and provides targeting and analytics for manufacturers and retailers. It also powers digital coupon initiatives in online marketing campaigns — including display and video advertising. Quotient's distribution network includes the company's flagship site, Coupons.com, approximately 30,000 third-party publishers, as well as its mobile applications, Coupons.com and Grocery iQ, and those of the company's many partners. Quotient Technology was established in 1998 and is based in Mountain View, California.

Pixalate

Series A in 2013
Pixalate is a global intelligence platform and real-time fraud protection provider. Pixalate is a Media Rating Council certified vendor for display ad viewability. It was founded in 2012 and headquartered in Santa Monica, California.

Quotient Technology

Series B in 2005
Quotient Technology (NYSE: QUOT), which recently changed its name from Coupons.com Incorporated, is a digital promotion and media platform that connects brands, retailers, and consumers. It distributes digital coupons and media through a variety of products, including: digital printable coupons, digital paperless coupons, coupon codes, and card linked offers. The company operates Retailer iQ, a mobile-first, real-time digital coupon platform that connects directly into a retailer’s point-of-sale system and provides targeting and analytics for manufacturers and retailers. It also powers digital coupon initiatives in online marketing campaigns — including display and video advertising. Quotient's distribution network includes the company's flagship site, Coupons.com, approximately 30,000 third-party publishers, as well as its mobile applications, Coupons.com and Grocery iQ, and those of the company's many partners. Quotient Technology was established in 1998 and is based in Mountain View, California.

QD Vision

Series D in 2011
Founded in August 2004, QD Vision is a nanotechnology product company delivering a new generation of display and lighting solutions to major industries where color, power, and design matter. The company is harnessing the unique light-emitting properties of quantum dots to deliver a new generation of display solutions that provide unmatched color, power efficiency, and cost savings QD Vision's technology platform sets new standards for color purity, brightness, power consumption, and design flexibility. Backed by a patent portfolio secured by the founders' research at MIT and continued developments at QD Vision, the company is targeting applications such as consumer electronics products, flat-panel displays, electronic signage, solid-state lighting, and national security.

Quotient Technology

Series E in 2006
Quotient Technology (NYSE: QUOT), which recently changed its name from Coupons.com Incorporated, is a digital promotion and media platform that connects brands, retailers, and consumers. It distributes digital coupons and media through a variety of products, including: digital printable coupons, digital paperless coupons, coupon codes, and card linked offers. The company operates Retailer iQ, a mobile-first, real-time digital coupon platform that connects directly into a retailer’s point-of-sale system and provides targeting and analytics for manufacturers and retailers. It also powers digital coupon initiatives in online marketing campaigns — including display and video advertising. Quotient's distribution network includes the company's flagship site, Coupons.com, approximately 30,000 third-party publishers, as well as its mobile applications, Coupons.com and Grocery iQ, and those of the company's many partners. Quotient Technology was established in 1998 and is based in Mountain View, California.

Summize US

Angel Round in 2007
Summize crawls online reviews and blog discussions to create summarized reviews of music, movies, books and more. A search provides listings for most reviewed and most liked products, recent blog mentions, [YouTube](http://www.crunchbase.com/organization/YouTube) videos, and sites linked to by blogs. Summize uses a horizontal heatmap, what they call a "snip," to display the actual distribution of ratings. This helps distinguish between two products that have equal average ratings, but where one product has only high or low ratings and another product has mostly average ratings. The horizontal bar ranges from red to yellow to green. Products with more positive reviews show more green on the bar, while products with more negative reviews show more red. Lastly, average corresponds to yellow. For more details about the snip read [here](http://www.summize.com/review-fatigue).

MiaSolé

Debt Financing in 2012
MiaSole is a pioneer in the development of Copper Indium Gallium Selenide (CIGS) thin film photovoltaic products. Their goal is to enable grid parity solar energy by 2012 through high volume manufacturing of low cost solar modules.

HelioVolt

Series B in 2007
HelioVolt's FASST process eliminates the expense of slicing photovoltaic circuits and assembling individual solar cells into modules. Its line of integrated platform circuits can be adapted to a range of sizes and shapes and applied to almost any construction material including glass, steel, metal, composites and some polymers. Resultant solar cells are thinner, easier and cheaper to manufacture than silicon panels.

Apartment List

Secondary Market in 2014
Apartment List is a smart, simple, and seamless renting platform that’s dedicated to making the process fair and transparent for all. Their mission is to build a better world of renting for everyone, to get rid of the pain and complexity, and makes it more personal, flexible, and transparent. They make finding a home to love easy and enjoyable, with a personally curated search feature that gets to know the individual. It was incorporated in 2009 and is based in San Francisco, California.