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 Aug 31, 2026, the latest employee count at PAXAFE is 28.

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 $858M in funding in 2026 to date.

Where does PAXAFE rank among its competitors?

PAXAFE ranks 9th amongst 172 active competitors, of which 32 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Inspectorio, which secured an undisclosed amount in Jul, 2026.

Who are the top competitors of PAXAFE?

PAXAFE's top competitors include FourKites, Project44 and ORBCOMM. Among them, Inspectorio secured the most recent funding round in July, 2026.

PAXAFE - 2026 Company Profile, Team, Funding & Competitors

PAXAFE is a series A company based in Milwaukee (United States), founded in 2018 by Ashok Seetharam. It operates as a Developer of IoT-enabled, track and traceable packaging solutions for multiple industries. PAXAFE has raised $15.3M in funding from investors like Gener8tor, Ubiquity Ventures and Framework Venture Partners. The company has 172 active competitors, including 32 funded and 23 that have exited. Its top competitors include companies like FourKites, Project44 and ORBCOMM.

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

9^th among 172 active competitors

Employee Count

28 as on Aug 31, 2026

Similar Companies

FourKites & 274 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	Reports
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:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 29, 2025	8894228	Series A	7855092	7102373	9307570	7640572
Feb 23, 2024	1452892	Series A	3788600	5744541	4566902	M12 & 7 more
Jul 27, 2023	8131020	Seed	4158280	4531323	1634251	5775386

Access funding benchmarks and valuations. Sign up today!

View details of PAXAFE's funding rounds and investors

The founders of PAXAFE is Ashok Seetharam.

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

View details of PAXAFE's Founder profiles and Board Members

PAXAFE's employee count trend

PAXAFE has 28 employees as of Aug 26. Here is PAXAFE's employee count trend over the years:

Uncover PAXAFE's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

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	79/100
2nd	Project44 2014, Chicago (United States), Series G	Provider of cloud-based cargo and supply chain visibility tracking solutions	$912M	Sapphire Ventures, Emergence Capital & 26 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	68/100
4th	Altana Technologies 2018, New York City (United States), Series C	Network of product information empowering supply chain partners and governments	$343M	Google Ventures, Usitfund & 18 others	65/100
5th	Arviem 2008, Baar (Switzerland), Public	Integrated solutions for real-time cargo monitoring	$15M	Verve Ventures, SICPA & 9 others	62/100
6th	Kaleris 2019, Alpharetta (United States), Funding Raised	Provider of supply chain execution software for terminal and transportation management	-	Accel-KKR	58/100
7th	TradeWindow 2018, Auckland (New Zealand), Public	Provider of SaaS-driven online platform for supply chain visibility & compliance	$6.3M	ASB Bank, Tehana & 6 others	57/100
8th	Intugine 2013, Bengaluru (India), Seed	Provider of a platform for real-time multimodal supply chain visibility	$5.06M	Mela Ventures, Inflection Point Ventures ... & 126 others	57/100
9th	PAXAFE 2018, Milwaukee (United States), Series A	Developer of IoT-enabled, track and traceable packaging solutions for multiple industries	$15.3M	Northwestern Mutual, OnRamp Insurance Conference ... & 20 others	56/100
10th	Inspectorio 2015, Minneapolis (United States), Series B	Developer of supply chain management platform providing quality and risk solutions	$63.7M	Target, Techstars & 7 others	54/100