Valuation
$237.5M
2023 Revenue
$79.2M
Funding
$0
Team
211
Founded
2001
How Bestpass CEO Tom Fogarty grew to $79.2M revenue with a 211 person team in 2023.
Bestpass, established in 2001 by the Trucking Association of New York, specializes in enhancing efficiency and reducing costs for commercial fleets and drivers. The organization delivers comprehensive toll management services across the nation, offering features such as consolidated billing, volume discounts, and streamlined violation processing. Its services are compatible with over 40 tolling groups and encompass all transponder-based weigh station bypass networks, ensuring widespread coverage and convenience. Boasting more than 490,000 deployed transponders and processing over 238,000 toll transactions daily, Bestpass stands as a dependable ally for both on-road operations and back-office management. This robust support system aids in simplifying the complexities of toll management, enabling fleets and drivers to focus on their core operations without the hassle of managing multiple toll accounts and devices.
Last updated
Bestpass Revenue
In 2023, Bestpass's revenue reached $79.2M. Since its launch in 2001, Bestpass has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2023 | Bestpass Hit $79.2m revenue in December 2023 | |
| 2001 | Launched with $0 revenue |
Bestpass Valuation, Funding Rounds
Bestpass's most recent disclosed valuation is $237.5M.
Bestpass is a bootstrapped Transportation Software startup. Founded in 2001, Bestpass has grown to $79.2M in revenue without raising any venture capital or outside funding.
As a self-funded Transportation Software SaaS company, Bestpass has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Bestpass yet.
Bestpass Employees & Team Size
Bestpass employs approximately 211 people as of 2026, up from 195 in 2022.
| Year | Milestone |
|---|---|
| 2023 | Reached 211 employees (December 2023) |
| 2022 | Reached 195 employees (December 2022) |
Frequently Asked Questions about Bestpass
What is Bestpass's revenue?
Bestpass generates $79.2M in revenue.
Who founded Bestpass?
Bestpass was founded by Tom Fogarty.
Who is the CEO of Bestpass?
The CEO of Bestpass is Tom Fogarty.
How much funding does Bestpass have?
Bestpass raised $0.
How many employees does Bestpass have?
Bestpass has 211 employees.
Where is Bestpass headquarters?
Bestpass is headquartered in Albany, New York, United States.
Compare Bestpass to the industry
Bestpass operates across multiple industries. Browse revenue, funding, and growth data for Bestpass in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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