PAXAFE
Company

Last deal

$9M

Amount

Series A

Stage

07.05.2024

Date

3

all rounds

$21.22M

Total amount

date founded

Financing round

General

About Company
PAXAFE develops smart packaging IoT for intelligent shipping insurance.

Industry

Sector :

Subsector :

Keywords :

founded date

25.10.2018

Number of employees

Company Type

For Profit

Last funding type

Series A

IPO status

Private

Description

PAXAFE creates an IoP ecosystem that aggregates real-time parcel data from the supply chain, enabling insurers to offer data-driven shipping insurance. Their risk management platform leverages telematics, third-party, and ERP data to de-risk B2B shipments, intercept at-risk shipments, automate claim diagnosis, and improve operational efficiencies. PAXAFE's B2B platform, CONTXT, contextualizes location and condition monitoring data, predicts OTIF, and automates passive logger temperature management. They aim to inject a contextual intelligence layer into the visibility control tower, optimizing decision-making for cold chain shippers and carriers.
Legal Names

Legal name

PAXAFE, Inc.
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Money Raised

Their latest funding was raised on 07.05.2024. Their latest investor AngelList Talent. Their latest round Series A

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People

Founders
2
Ashok Seetharam
Ashok Seetharam

Ashok Seetharam

Ashok Seetharam is the Co-Founder and Chief Technology Officer of PAXAFE.

current job

PAXAFE
PAXAFE

organization founded

1

Ashok Seetharam

Ilya Preston
Ilya Preston

Ilya Preston

Ilya Preston is the CEO and Co-Founder of PAXAFE,

current job

PAXAFE
PAXAFE

organization founded

1

Ilya Preston

Employee Profiles
2
Ashok Seetharam

Ashok Seetharam

Co-Founder and CTO

Ilya Preston

Ilya Preston

Co-Founder & CEO

Activity

Recent News
0