Paxel - About the company
Paxel is a series C company based in Jakarta (Indonesia), founded in 2018 by Johari Zein and Bryant Christanto. It operates as a Provides solutions for last-mile delivery management. Paxel has raised $58.8M in funding from MDI Ventures and Astra Digital. The company has 1117 active competitors, including 110 funded and 40 that have exited. Its top competitors include companies like LetsTransport, OnFleet and FarEye.
Company Details
Provides solutions for last-mile delivery management. The company provides application-based last-mile delivery services that include same-day delivery, parcel box, and parcel lockers. It helps to manage the delivery process and track the shipments. The app is available on the Android & iOS platforms.
- Website
- paxel.co
- Social
- Email ID
- *****@paxel.co
- Phone Number
- +62 **********
- Registered Address
- Plot No.6, Medavakkam Main Road, Ullagaram, Madipakkam, Kanchipuram, Saidapet, Tamil Nadu, India, 600091
Key Metrics
Founded Year
2018
Location
Jakarta, Indonesia
Stage
Series C
Total Funding
$58.8M in 2 rounds
Latest Funding Round
Investors
Ranked
9th among 1117 active competitors
Employee Count
794 as on Aug 31, 2026
Similar Companies
Legal entities associated with Paxel
Paxel is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
MANNIT TECHNOLABS PRIVATE LIMITED CIN: U74999TN2018PTC125054 , India, Active | Oct 01, 2018 | 0 - ₹10 Cr (As on Mar 31, 2023) | 14 (As on Oct 31, 2024) |
Sign up to download Paxel's company profile
Paxel's funding and investors
Paxel has raised a total funding of $58.8M over 2 rounds. Its first funding round was on 2021. Its latest funding round was a Series C round on Jul 04, 2022 for $*****. 6 investors participated in its latest round. Paxel has 10 institutional investors.
Here is the list of recent funding rounds of Paxel:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 04, 2022 | 8547438 | Series C | 8629295 | 8883088 | 2722717 | 1371275 |
2021 | 1822 | Series B | 4124 | 6454 |
Access funding benchmarks and valuations. Sign up today!View details of Paxel's funding rounds and investors
Paxel's founders and board of directors
Founder? Claim ProfileHere are the details of Paxel's key team members:
- Johari Zein: Co-Founder of Paxel and founder of 2 other companies, Omiyago and GBMI.
- Bryant Christanto: Co-Founder & CEO of Paxel and founder of 1 other company. Contact Info: 1 email address
View details of Paxel's Founder profiles and Board Members
Paxel's employee count trend
Paxel has 794 employees as of Aug 26. Here is Paxel's employee count trend over the years:
Uncover Paxel's growth story! Sign up today!
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Paxel's Competitors and alternates
Top competitors of Paxel include LetsTransport, OnFleet and FarEye. Here is the list of Top 10 competitors of Paxel, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  LetsTransport 2015, Bengaluru (India), Acquired | Provider of logistics services for first mile and last mile | $92.6M | 77/100 | |
2nd | OnFleet 2012, San Francisco (United States), Acquired | Cloud based last mile delivery management software | $44.8M | 72/100 | |
3rd |  FarEye 2013, Chicago (United States), Series E | A technology company offering products and solutions for last-mile delivery management | $152M | 70/100 | |
4th | Provider of cloud and AI-based delivery management solutions | $184M | 67/100 | ||
5th | Platform for supermarkets, pharmacies and retailers to manage online delivery operations | $20.2M | 65/100 | ||
6th | Intra-city and mid-mile logistics solutions | $4.22M | 64/100 | ||
7th |  Shipday 2009, Menlo Park (United States), Series A | Provider of cloud-based delivery management solutions | $7M | 62/100 | |
8th |  Sorted 2010, Manchester (United Kingdom), Acquired | Provider of software for delivery management and automated carrier allocation | $134M | 61/100 | |
9th | Provides solutions for last-mile delivery management | $58.8M | 61/100 | ||
10th | Provider of e commerce parcel delivery management solutions | $222M | 59/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Paxel's competitors? Click here to see the top ones
Paxel's Investments and acquisitions
Paxel has made no investments or acquisitions yet.
Reports related to Paxel
Here is the latest report on Paxel's sector:
News related to Paxel
•
•
Indonesian logistics startup Paxel raises $23m in Series C funding led by AstraShareandstocks•Aug 09, 2022•Paxel, Astra Digital, MDI Ventures, Central Capital Ventura and 6 others
•
Indonesian logistics startup Paxel raises $22.7m in Astra-led Series C fundingShareandstocks•Jul 04, 2022•Paxel, Astra Digital, MDI Ventures, Central Capital Ventura and 3 others
•
MDI Ventures leads $9.4m series B round of Indonesian logistics firmTech in Asia•Mar 01, 2022•Paxel, MDI Ventures, VentureCap Insights, SIG and 6 others
•
•
Paxel and Gojek launch instant shipping service for Jadetabek-BandungIDNFinancials•Apr 22, 2020•Gojek, Paxel
•
Indonesian logistics startup is about to close series A round from East Ventures, SIG, SMDVTech in Asia•Oct 04, 2019•Paxel, East Ventures, SIG, SMDV
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQs about Paxel
Explore our recently published companies
