StageUnattributed | Alive
Last Raised$3.68M | 4 yrs ago
Missing: Pass Technology's Product Demo & Case Studies
Promote your product offering to tech buyers.
Reach 1000s of buyers who use CB Insights to identify vendors, demo products, and make purchasing decisions.
Missing: Pass Technology's Product & Differentiators
Don’t let your products get skipped. Buyers use our vendor rankings to shortlist companies and drive requests for proposals (RFPs).
Expert Collections containing Pass Technology
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Pass Technology is included in 1 Expert Collection, including HR Tech.
HR tech startups are helping companies manage critical pain points in HR processes such as recruitment, automation, career development, compensation, and benefits management, through a mix of software and services.
Latest Pass Technology News
Dec 21, 2021
Fobi AI Inc. VANCOUVER, B.C., Dec. 21, 2021 (GLOBE NEWSWIRE) -- Fobi AI Inc. (FOBI: TSXV FOBIF: OTCQB) (the “Company” or “FOBI”), a leader in providing real-time data analytics through artificial intelligence to drive operational efficiencies and profitability, today announced a one year agreement with one of the largest operators of golf courses in North America, to digitize their member cards using Fobi’s new digital golf membership Wallet pass solution. Fobi will generate revenue from this and other such deals through an annual license fee and through monthly Wallet pass license fees on a per pass issuance basis. FOBI SOLUTION TO IMPROVE CUSTOMER EXPERIENCE AND CONTRIBUTE TO ENVIRONMENTAL FRIENDLINESS The company will utilize Fobi’s Wallet pass technology to provide integrated digital membership passes that will be included as part of their membership purchase process. They currently have 3 tiers to their membership program for golf and at the pro shops, rewards, etc. They will now use the Fobi Golf Wallet pass solution to deliver tiered digital membership cards that will live in the native wallet that is in every iOS and Android phone worldwide, improving the customer experience for their members, who no longer need to worry about forgetting their membership card at home. Fobi’s new Wallet pass membership solution is also better for the environment as it will enable Golf courses to replace their current plastic membership passes with digital ones, removing a significant amount of plastic from the environment. This is very similar to the recent deal Fobi announced with S4S in Iceland to replace their plastic gift cards with Digital Gift cards powered by Fobi’s Wallet pass solution. INTEGRATION WITH GOLF COURSE POS AND COURSE MANAGEMENT SYSTEMS WILL IMPROVE CUSTOMER EXPERIENCE AND INCREASE REVENUE Fobi is also integrating their digital golf membership Wallet pass solution into golf course POS systems, which means that golf courses can now track member purchases and use purchase behavior to drive more targeted communications and campaigns in real-time through their digital membership Wallet passes. This improves the customer experience by ensuring that any communications are targeted to the right members at the right time and place and can help to drive increased revenue from golf and merchandise through these more personalized and timely offers. Fobi will also be integrating this solution with golf course management systems enabling contactless check ins, ensuring a better golf day experience. “This is a great opportunity for us to enter the golf world with one of the largest and most influential players in the industry. Fobi will now enable resort and course operators to provide their members with a more personalized digital experience,” said Rob Anson, Fobi CEO. “The combination of our Artificial Intelligence and Big Data applications combined with our Wallet pass activation will also provide operators with a means to unlock, leverage and monetize their data. We see this as a great first win for the company and yet another strong global opportunity.” US GOLF COURSE INDUSTRY OVER $24 BILLION AND GROWING According to a recent report from Statista , the Golf Course and Country Club industry in the US was over $24 billion in 2020. This market is forecast to grow by 1.6% in 2021, after a small dip in 2020 due to COVID-19, creating an opportunity for Fobi to roll their new solution out to other golf course operators worldwide. This press release is available on the Fobi Website and the FOBI Verified Forum On AGORACOM for shareholder discussion and management engagement. About Fobi Fobi is a cutting-edge data intelligence company that helps our clients turn real-time data into actionable insights and personalized customer engagement to generate increased profits. Fobi's unique IoT device has the ability to integrate seamlessly into existing infrastructure to enable data connectivity across online and on-premise platforms creating highly scalable solutions for our global clients. Fobi partners with some of the largest companies in the world to deliver best-in-class solutions and operates globally in the retail, telecom, sports & entertainment, casino gaming, and hospitality & tourism industries. For more information, please contact: Fobi AI Inc.
Pass Technology Frequently Asked Questions (FAQ)
When was Pass Technology founded?
Pass Technology was founded in 2016.
Where is Pass Technology's headquarters?
Pass Technology's headquarters is located at High St, Slough.
What is Pass Technology's latest funding round?
Pass Technology's latest funding round is Unattributed.
How much did Pass Technology raise?
Pass Technology raised a total of $3.68M.
Discover the right solution for your team
The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.