Bestpass

Toll management solutions for commercial fleets

Town of Colonie, New York, United States

About Bestpass

Bestpass provides toll management solutions for commercial fleets in the United States, helping businesses like trucking companies manage their toll expenses more efficiently. The service includes providing transponders, consolidating toll charges into a single invoice, and offering online reporting tools, which save clients time and money. Bestpass stands out by ensuring its transponders are accepted on all major U.S. toll roads and by forming partnerships with tolling authorities. The company's goal is to reduce the administrative burdens and costs associated with toll payments, allowing clients to focus on their core operations.

Town of Colonie, New YorkHeadquarters
2001Year Founded
$19.1MTotal Funding
GROWTH_EQUITY_VCCompany Stage
Automotive & TransportationIndustries
51-200Employees

Benefits

Flexible Work Hours
Paid Vacation
401(k) Retirement Plan
401(k) Company Match
Wellness Program
Employee Referral Bonus

Risks

Emerging startups in toll management could threaten Bestpass's market share.
Data privacy concerns may arise from integration with telematics systems like Geotab.
Acquisitions may lead to integration challenges, affecting service continuity.

Differentiation

Bestpass offers 100% coverage on major U.S. toll roads for seamless transactions.
The company integrates toll and telematics data for enhanced fleet management insights.
Bestpass provides a single invoice system, simplifying toll expense management for fleets.

Upsides

Acquisition of Drivewyze enhances Bestpass's safety and compliance solutions for fleets.
Integration with Geotab offers advanced toll data analytics and reporting features.
Recognition as a FreightTech 25 company boosts Bestpass's industry reputation.