# PAXAFE

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/paxafe

- Industry: Software
- Headquarters: Indianapolis, US
- Website: www.paxafe.com
- Total disclosed funding: $9.8M
- Latest round: Series A (Feb 23, 2024)
- Investors on record: 14

## About

Based in Indiana, US, and founded in 2018, Paxafe, Inc., also known as Pafaxe, operates as a software company. The company was founded by its CTO, Ashok Seetharam, and CEO, Ilya Preston. In April 2021, Pafaxe, Inc. raised USD 2.25 million in seed funding led by Ubiquity Ventures.

Paxafe provides CONTXT, which is a SaaS platform that leverages AI (artificial intelligence) to help shippers and service providers in their business operations. The company offers an operating system (OS) designed especially for visibility control towers, which increases the effectiveness of logistics operations and allows for better monitoring and management of logistical activities. The platform offers multiple features, such as on-time, in-full (OTIF) prediction, real-time product location, condition monitoring, and inventory management.

## Funding rounds

- Series A, Feb 23, 2024, $6M — Rosecliff Ventures, Elevate Ventures, M12, Gaingels, Ubiquity Ventures, Framework Venture Partners, Mana Ventures, Venture 53, AngelList Quant Fund
- Seed, May 4, 2022, $1.5M — Northwestern Mutual Capital, Venture 53, Value Chain Ventures
- Seed, Apr 16, 2021, $2.3M — Northwestern Mutual Capital, Fintech Ventures Fund, Ubiquity Ventures, Sure Ventures, Greenlight Re Innovations

## Investors

- Northwestern Mutual Capital (https://capitalatlas.ai/funds/northwestern-mutual-capital) — Seed
- Fintech Ventures Fund (https://capitalatlas.ai/funds/fintech-ventures-fund) — Seed
- Ubiquity Ventures (https://capitalatlas.ai/funds/ubiquity-ventures) — Seed, Series A
- Sure Ventures (https://capitalatlas.ai/funds/sure-ventures) — Seed
- Greenlight Re Innovations — Seed
- Venture 53 (https://capitalatlas.ai/funds/venture-53) — Seed, Series A
- Value Chain Ventures (https://capitalatlas.ai/funds/value-chain-ventures) — Seed
- Rosecliff Ventures (https://capitalatlas.ai/funds/rosecliff-ventures) — Series A
- Elevate Ventures (https://capitalatlas.ai/funds/elevate-ventures) — Series A
- M12 (https://capitalatlas.ai/funds/m12) — Series A
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series A
- Framework Venture Partners (https://capitalatlas.ai/funds/framework-venture-partners) — Series A
- Mana Ventures (https://capitalatlas.ai/funds/mana-ventures) — Series A
- AngelList Quant Fund — Series A