Passback, founded in 2023, aims to revolutionize the sports industry by creating a circular economy for sports gear, emphasizing sustainability and inclusivity. With the slogan "Where Sports Meets Sustainability," the company specifically targets the environmental repercussions of the sports sector, which according to the United Nations, produces emissions comparable to a medium-sized country.
The startup focuses initially on upcycling soccer gear, offering a dual value proposition: easing the offloading process for sports clubs and retailers while providing high-quality, often free, products to underserved communities.
Beyond merely supplying gear, Passback optimizes reverse logistics and facilitates responsible resource consumption, aligning with ESD goal #12. Their operations are further supported by a network of digital tools designed to maximize the life cycle of each product.
Having received a Pre Seed Round investment from the Holekamp Seed Fund and Skandalaris Center for Interdisciplinary Innovation and Entrepreneurship in August 2023, Passback is headquartered in the United States and operates at the intersection of E-Commerce, Sports, Sustainability, and Waste Solutions.