When was PAXAFE founded?

PAXAFE was founded in 2018 and raised its 1st funding round within a year of its incorporation.

Where is PAXAFE located?

PAXAFE is headquartered in Milwaukee, United States.

How many employees does PAXAFE have?

As of Jul 01, 2024, the latest employee count at PAXAFE is 10.

Is PAXAFE a funded company?

PAXAFE is a funded company, having raised a total of $15.3M across 7 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2018.

When was the latest funding round of PAXAFE?

PAXAFE's latest funding was a $***** Series A round on Oct 29, 2025, with participation from 0 investor. Its primary sector is SCM Software. In United States, the SCM Software sector has seen $217M in funding in 2026 to date.

Where does PAXAFE rank among its competitors?

PAXAFE ranks 22nd amongst 135 active competitors, of which 31 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was PAXAFE, which secured $750K in Oct, 2025.

Who are the top competitors of PAXAFE?

PAXAFE's top competitors include FourKites, Project44 and ORBCOMM. Among them, PAXAFE secured the most recent funding round in October, 2025.

PAXAFE - 2026 Company Profile, Team, Funding & Competitors

Company Details

Developer of IoT-enabled, track and traceable packaging solutions for multiple industries. It develops IoT-enabled, reusable, traceable, and secure packaging solutions for industrial applications primarily in the logistics, jewelry, and insurance sectors. It allows the shipper to lock the high-value item into its package, and an online portal linked to a barcode on the package includes the shipment information. The receiver can track the package location, and even whether it has been dropped, via the portal. The software and hardware are sold on a per-month or per-shipment basis.

Website: www.paxafe.com/
Social
Email ID: *****@paxafe.com
Phone Number: +1 **********

Key Metrics

Founded Year

2018

Location

Milwaukee, United States

Stage

Series A

Total Funding

$15.3M in 7 rounds

Latest Funding Round

Series A, Oct 29, 2025, $*****

Investors

Gener8tor & 21 more

Ranked

22^nd among 135 active competitors

Employee Count

10 as on Jul 01, 2024

Similar Companies

FourKites & 237 more

View PAXAFE's full profile

PAXAFE is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PAXAFE Inc CIN: 83-2350436 , United States, Active	Dec 31, 2017	-	-	-

PAXAFE has raised a total funding of $15.3M over 7 rounds. Its first funding round was on 2018. PAXAFE has 20 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of PAXAFE:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 29, 2025	8778095	Series A	9400929	9284508	3058906	8588331
Feb 23, 2024	8985205	Series A	5596915	9677380	4598382	M12 & 7 more
Jul 27, 2023	7526050	Seed	1505683	1535885	4237949	8982503

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View details of PAXAFE's funding rounds and investors

The founders of PAXAFE are Ashok Seetharam and Ilya Preston. Ilya Preston is the CEO of PAXAFE.

Here are the details of PAXAFE's key team members:

Ashok Seetharam: Co-Founder of PAXAFE and founder of 1 other company.
Contact Info: 1 email address
Ilya Preston: Co-Founder & CEO of PAXAFE.

View details of PAXAFE's Founder profiles and Board Members

PAXAFE's employee count trend

PAXAFE has 10 employees as of Jul 24. Here is PAXAFE's employee count trend over the years:

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Top competitors of PAXAFE include FourKites, Project44 and ORBCOMM. Here is the list of Top 10 competitors of PAXAFE, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	FourKites 2014, Chicago (United States), Series D	Developer of AI and web-based visibility solutions for the supply chain	$243M	August Capital, Bain Capital Ventures & 18 others	76/100
2nd	Project44 2014, Chicago (United States), Series G	Provider of cloud-based cargo and supply chain visibility tracking solutions	$912M	Sapphire Ventures, Goldman Sachs Asset Management ... & 25 others	75/100
3rd	ORBCOMM 1993, Rochelle Park (United States), Acquired	Provider of industrial Internet of Things solutions for asset management	$136M	Pacific Corporate Group, Westway Capital ... & 13 others	70/100
4th	Arviem 2008, Baar (Switzerland), Public	Integrated solutions for real-time cargo monitoring	$15M	Verve Ventures, SICPA & 9 others	61/100
5th	Intugine 2013, Bengaluru (India), Seed	Provider of a platform for real-time multimodal supply chain visibility	$5.06M	Inflection Point Ventures, Mela Ventures ... & 126 others	58/100
6th	Inspectorio 2015, Minneapolis (United States), Series B	Developer of supply chain management platform providing quality and risk solutions	$63.7M	Techstars, Target & 6 others	55/100
7th	Altana Technologies 2018, New York City (United States), Series C	Network of product information empowering supply chain partners and governments	$343M	Activate Capital, Google Ventures & 18 others	53/100
8th	Kaleris 2019, Alpharetta (United States), Funding Raised	Provider of supply chain execution software for terminal and transportation management	-	Accel-KKR	51/100
9th	Kusari 2022, Ridgefield (United States), Seed	Provider of software supply chain security, and visibility solutions for managing the development process	$10.1M	Glasswing Ventures, Unusual Ventures & 1 others	51/100
10th	Zetes 1984, Brussels (Belgium), Acquired	Supply chain, mobility and identification solutions for goods and people	-	Cobepa, E-Capital Equity Management: & 1 others	50/100
22nd	PAXAFE 2018, Milwaukee (United States), Series A	Developer of IoT-enabled, track and traceable packaging solutions for multiple industries	$15.3M	Rosecliff Ventures, Gaingels & 20 others	42/100