Tech Company Financing Transactions
Pafaxe Funding Round
Pafaxe closed a $2.3 million Seed funding round on 4/17/2021. Investors included Ubiquity Ventures and private investors.
Transaction Overview
Company Name
Announced On
4/17/2021
Transaction Type
Venture Equity
Amount
$2,250,000
Round
Seed
Investors
Ubiquity Ventures (Lead Investor)
Proceeds Purpose
The company intends to use the funds to accelerate the rollout of its commercial platform to more enterprise customers while strengthening their AI-driven prediction models.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
720 E. Wisconsin Ave.
Milwaukee, WI 53202
USA
Milwaukee, WI 53202
USA
Phone
Website
Email Address
Overview
PAXAFE enables cheaper, dynamic shipping and cargo insurance by providing supply-chain-of-custody through the use of our parcel IoT solutions. PAXAFE accompanies B2B shipments with a 'digital footprint' capable of answering who, what, when, where and how.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ilya Preston
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We report on every notable VC transaction. All VC database entries reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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