Passport Capital, LLC is a San Francisco-based, global thematic investment firm founded by John H. Burbank III in 2000. The firm manages hedge funds and makes direct investments, anticipating macroeconomic trends across emerging markets, energy, healthcare, and technology.
45% of their portfolio is in Climate & Energy. Average disclosed round size is $57.8M (across 11 rounds with reported amounts).
Portfolio
6
Fund Size
$532.4M
Top Stage
Unknown
Last 12 Mo
0
Team
JM
Jon Moran
managing director
MW
Michael Whittington
Senior Analyst
JB
John Burbank
Founder & Chief Investment Officer
WP
Will Peets
Chief Investment Officer
JC
Jim Cunningham
Portfolio Manager
SJ
Suhaib Jamjoom
Portfolio Manager & Trader
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
11 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Dharma Labs | Unknown | $15M | Jan 2019 |
 TrueCar | Unknown | $200M | Sep 2011 |
 CashStar | Series C | $12M | Jan 2011 |
 Heliovolt | Series C | $85M | Jan 2011 |
| Heliovolt | Series B | $40M | Jan 2009 |
| Heliovolt | Series B | $101M | Jan 2007 |
| Heliovolt | Series A | $8M | Jan 2005 |
 Miasole | Unknown | $55M | — |
| RRange Fuels | Unknown | $100M | — |
| CashStar | Series B | $5M | — |
| CashStar | Series D | $15M | — |
Top Co-Investors
Hercules Capital, Inc.3 shared
New Enterprise Associates2 shared
Silicon Valley Bank1 shared
Upfront Ventures1 shared
Capricorn Investment Group1 shared
Allen & Company LLC1 shared
USAA1 shared
Green Visor Capital1 shared
FinTech Collective1 shared
9Yards Capital1 shared
Y Combinator1 shared
Polychain Capital1 shared
Blockchange Ventures1 shared
Coinbase Ventures1 shared
Intel Capital1 shared
Mosaik Partners1 shared
Sequel1 shared
Paladin Capital Group1 shared
Deutsche Bank1 shared
Last updated: 8 September 2026