Passport Capital

Passport Capital, LLC is a San Francisco-based, global investment firm founded by John H. Burbank III in 2000. Passport Capital seeks to achieve superior risk-adjusted returns through a combination of macroeconomic analysis, fundamental research and quantitative tools. It employs top-down, macroeconomic analysis to identify durable, secular changes not reflected in asset prices. It conducts rigorous fundamental research in an attempt to identify individual securities that most effectively express the firm’s investment views. Finally, the firm employs quantitative tools to construct portfolios aimed at delivering superior returns within 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

32 past transactions

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.

TrueCar

Venture Round in 2011
TrueCar is an information and technology platform that enables its users to communicate with TrueCar certified dealers. TrueCar is the authority on new-car pricing. It aggregates multiple data sources to show car buyers and dealers how much people actually paid for a particular car in their geographic area. True Car helps dealers gain real-time, unbiased information about marketplace pricing, helping them know how to price their cars to sell more and gain market share from other dealers. It was by automotive and technology pioneers Scott Painter and Tom Taira.

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.

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.

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.

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.

Republic

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

Republic

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

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.

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.

Multicoin Capital

Private Placement in 2018
Multicoin Capital is a thesis-driven cryptofund that invests long term in tokens that reshape entire sectors of the global economy. It is on a mission to accelerate the transition from the centralized institutions of the industrial age to the decentralized institution of the internet age. By accelerating the transition from permissioned to permissionless financial systems, Multicoin aims to accelerate humanity’s ability to achieve its full potential. Multicoin Capital was established in 2017 and is based in Austin, Texas.

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.

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.

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.

Sense Networks

Series A in 2008
YP Marketing Solutions

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.

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.

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.

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.

Quotient Technology

Series C in 2005
The leading digital promotions, media and analytics company that helps brands and retailers reach and influence shoppers

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.

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.

Quotient Technology

Series E in 2006
The leading digital promotions, media and analytics company that helps brands and retailers reach and influence shoppers

Quotient Technology

Series D in 2006
The leading digital promotions, media and analytics company that helps brands and retailers reach and influence shoppers

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.

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).

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.

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.

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.

Quotient Technology

Series B in 2005
The leading digital promotions, media and analytics company that helps brands and retailers reach and influence shoppers