The people
What they build
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Working at Passage
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About
Martin Basiri started Passage in 2023, having co-founded ApplyBoard and run it as CEO until 2022. The problem he moved to was money rather than applications: Passage says roughly 97% of international talent cannot self-finance Canadian study. It vets applicants on signals of resilience and capability instead of credit scores or Canadian work history, and says it aims to change one million lives by 2030.
Backers
$40M seed led by Drive Capital with Garage Capital, Panache Ventures, Plug and Play, Golden Ventures and Think+ Ventures (June 2023); ~$100M raised in total as of April 2026
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Quick answers
What does Passage do?
Matches international students to Canadian programs, finances their tuition and first-year living costs, and supports them through graduation into a job.
Who founded Passage?
Martin Basiri, in 2023, after co-founding ApplyBoard and serving as its CEO until 2022.
How does Passage decide who to finance?
On signals of resilience and capability rather than credit scores or Canadian work history — the point being that most international talent cannot self-finance.