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PAXAFE logo — Putting the cold chain on autopilot

PAXAFE

Putting the cold chain on autopilot

Founded 2019 United States Indianapolis, United States 25 employees Series A Total: $21.22M Logistics, Supply Chain +1

General Information

Company Name PAXAFE
Founded Year 2019
Location United States Indianapolis, United States
Employees 25
Industries Logistics, Supply Chain, Logistics and Delivery
Funding Stage Series A
Social

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About PAXAFE

PAXAFE is a Logistics startup founded in 2018 and based in the United States. The company's slogan, "Putting the cold chain on autopilot," encapsulates its core mission. PAXAFE offers an AI-enabled, device-agnostic risk-management platform called CONTXT, which targets cold chain shippers and carriers. The platform aims to reduce product loss, enhance operational efficiency, and optimize decision-making processes. PAXAFE's Series A funding round in May 2024 secured a substantial $9.00M investment from a diverse group of backers, including AngelList, Gaingels, Elevate Ventures, M12, Mana Ventures, Framework Venture Partners, Rosecliff Ventures, Ubiquity Ventures, and Venture 53. The company's flagship platform, CONTXT, stands out by contextualizing location and condition monitoring data, quantifying shipment and lane risk, predicting OTIF (On Time In Full), and automating passive logger temperature management. PAXAFE aims to address the shortcomings of traditional sensor-enabled visibility providers by focusing on operationalizing visibility through contextual intelligence. In conclusion, PAXAFE presents a compelling proposition in the realm of cold chain risk management and operational efficiency within the logistics industry. With its strong investor backing and innovative platform, PAXAFE is poised for further growth and impact in the market.

Business keywords: AI-enabled platform, cold chain logistics, supply chain visibility, IoT solutions, location monitoring, condition monitoring, shippers, carriers, product loss reduction, operational efficiency, decision-making optimization, dynamic shipping, cargo insurance, contextual intelligence

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Series A $9.00M 9
AngelList Gaingels Elevate Ventures
AngelList, Gaingels +7
07 May 2024
Venture Round $6.05M -
07 Mar 2024
Venture Round $1.50M -
22 Apr 2022
Seed Round $1.50M -
12 May 2021
Seed Round $2.25M 4
Fintech Ventures Fund Sure Ventures Ubiquity Ventures
Fintech Ventures Fund, Sure Ventures +2
16 Apr 2021
Pre Seed Round $650.00K 4
Right Side Capital Management Comeback Capital Cream City Venture Capital
Right Side Capital Management, Comeback Capital +2
15 Aug 2019
Pre Seed Round $265.00K 3
gener8tor LEVO Capital N29 Capital Partners
gener8tor, LEVO Capital +1
14 Nov 2018

PAXAFE Alternatives & Competitors

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PAXAFE vs
Arviem AG
Arviem AG Switzerland

Smart Insights For Supply Chains

Venture round
31 employees
Analytics, IoT
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PAXAFE vs
Roambee
Roambee United States

Better Supply Chain Visibility & Intelligence

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132 employees
Analytics, Finance
Compare PAXAFE vs Roambee
PAXAFE vs
Tive
Tive United States

Every shipment matters.

Series C
285 employees
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FAQ About PAXAFE

Putting the cold chain on autopilot
PAXAFE was founded in 2019.
PAXAFE is headquartered in Indianapolis, United States.
PAXAFE operates in Logistics, Supply Chain and Logistics and Delivery. Its work centres on AI-enabled platform, cold chain logistics, supply chain visibility and IoT solutions.
PAXAFE has approximately 25 employees.
PAXAFE has completed 7 funding rounds, raising a total of $21.22M. The latest funding stage is Series A.
Top alternatives and competitors to PAXAFE include Arviem AG, Roambee, Tive, Logmore, Hwy Haul. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
PAXAFE and Arviem AG are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for PAXAFE, https://bouncewatch.com/company/paxafe, updated 2 December 2024. When citing, please name BounceWatch and link this page.

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