Fundz

Bestpass Receives Large Investment From Insight Partners To Accelerate Growth

PRIVATEJun 06, 2023

Round Type

Venture

AlbanySoftwareTransportation

Investors

Susquehanna Growth EquityInsightInsight Partners

Description

Bestpass, Inc., a comprehensive back-office automation software and toll management provider for commercial fleets, announced today the close of a large multi-million minority investment by global software investor Insight Partners. The funding will help Bestpass continue to deepen and expand its offerings for commercial fleets and owner operators. Insight joins Susquehanna Growth Equity as a major Bestpass investor.

Quick answer

Bestpass raised an undisclosed amount in a funding round, dated June 6, 2023. Investors: Susquehanna Growth Equity, Insight and Insight Partners. Bestpass is based in Albany, Georgia, United States.

How much did Bestpass raise?
Bestpass raised an undisclosed amount in a funding round on June 6, 2023.
Who invested in Bestpass?
Susquehanna Growth Equity, Insight and Insight Partners are named as investors in this round.
What does Bestpass do?
Bestpass is a provider of back-office automation software and toll management solutions for commercial fleets of all sizes.
Where is Bestpass based and how big is it?
Bestpass is based in Albany, Georgia, United States.
Who are the decision-makers at Bestpass?
Fundz holds 1 contact at Bestpass. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Transportation and Software around the same time

Companies in the same sectors as Bestpass that raised within 45 days of this round, from Fundz verified event records.

  • Impulse Space raised $39M on July 21, 2023.
  • DEFSEC Technologies raised $5.6M on July 21, 2023.
  • Dayta AI raised an undisclosed amount (Series A) on July 21, 2023.
  • Data Safeguard raised an undisclosed amount (Funding Round) on July 21, 2023.
  • Zelt raised $3.5M (Seed) on July 21, 2023.
  • Volato Group raised $16M on July 21, 2023.

Who to call at Bestpass, and when

A new round usually means Bestpass is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Bestpass raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Bestpass, from your own LinkedIn network

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Company Information

Company

Bestpass

Location

Albany, Georgia, United States

About

Bestpass is a provider of back-office automation software and toll management solutions for commercial fleets of all sizes. Bestpass saves fleets time and money by consolidating payments and providing insight to better manage costs per vehicle. Founded in 2001 by truckers for truckers, Bestpass is a trusted partner on the road and in the back office for customers and tolling authorities.

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