SmartPass Inc.

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SmartPass Inc. - overview

Established

2019

Location

New York, NY, US

Primary Industry

Internet

About

SmartPass Inc. provides a digital hall pass and student accountability solution aimed at enhancing K–12 classroom management and improving student behavior through real-time tracking and controlled movement management. Founded in 2019, SmartPass Inc. is based in New York, US, focusing on digital solutions for student accountability in educational environments.


The company was initially launched in a public high school in the Philadelphia area. The most recent deal occurred on December 10, 2024, when Raptor Technologies, Inc. acquired SmartPass Inc. , expanding its safety solutions offerings.


The founder possesses a history of entrepreneurship in educational technologies. SmartPass offers a comprehensive digital hall pass and student accountability solution designed to enhance classroom management and improve student behavior in K–12 educational environments. The core product allows educators to create digital passes from their rosters, track student movements in real-time, and set specific hall limits and time restrictions, thus increasing accountability among students. Since its inception in a Philadelphia-area public high school, SmartPass has expanded its reach to over 3,000 educational institutions across the United States, serving administrators, teachers, and students alike.


The end users include school leaders and educators in various urban and suburban districts seeking innovative solutions to streamline hallway management and optimize learning time. SmartPass generates revenue primarily through subscription-based models targeting educational institutions with various pricing plans tailored to their needs. Schools engage in agreements providing access to the digital hall pass system for implementation school-wide. The pricing structure caters to both large districts and smaller schools, emphasizing flexibility and scalability in adoption.


Revenue is derived from licensing fees associated with core product offerings, which include pass creation, real-time tracking, and administrative analytics, focusing on B2B partnerships with school districts for deployment and support. With the acquisition by Raptor Technologies, Inc. on December 10, 2024, SmartPass aims to enhance its product offerings and expand into new markets. The acquisition is intended to broaden Raptor's safety solutions to a wider client base.


Future initiatives may involve launching new features designed to improve user experience and further enhance student accountability in educational settings.


Current Investors

Raptor Technologies, LLC

Primary Industry

Internet

Sub Industries

Web Applications, IT Infrastructure, Education & Training Software, Analytics & Performance Software

Website

www.smartpass.app

Verticals

Big Data, Cloud Computing, EdTech, Mobile Apps

Company Stage

Add-on

Total Amount Raised

Subscriber access only

SmartPass Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedSmartPass Inc.-

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