PAXAFE

PAXAFE develops an AI-enabled, device-agnostic risk-management platform. It enables intelligent, dynamic shipping and cargo insurance
2018
24
Indiana, United States

Innovation

Industry Problem

Traditional supply chain does not provides end-to-end visibility

R&D Focus

Ai enabled supply chain risk management platform

Innovative Solution

Paxafe’s platform leverages telematics, third-party, and enterprise resource planning data to de-risk B2B shipments and enables intelligent cargo insurance, providing shippers, carriers, and insurance providers with the ability to intercept at-risk shipments, automate claim diagnosis and root cause analysis

Solution Effectiveness

PAXAFE is an AI-enabled, device-agnostic risk-management platform that reduces product loss, improves operational efficiency and optimizes decision making

Investment Funding

Last Funding Stage

Series A

Total Funding Amount

$14.8M

Last Funding Amount

$9M

Last Funding Date

May 07, 2024

Startup Stage

Growth Stage

Lead Investors

Bluewater Companies, Elevate Ventures, Framework Venture Partners, Gaingels, M12

People

Founders

CEO

Products

Demo Product or Complete Product?

Complete Product

Future Plan

Market Expansion

Paxafe plans to use the funding to continue developing its core product, risk management platform Contxt, expand globally

Awards and Recognitions

Media Apperance

Supplychain dive, Freightwaves

M&A and Collabs

Collab

Carrier Collaborates with PAXAFE to Enhance Lynx Digital Platform

Collab

PAXAFE, a leading B2B software innovator in supply chain risk management, proudly announces its strategic partnership with Brady Corporation’s subsidiary, Transposafe