# Pax funding: rounds and investors > Pax has raised $480M across 3 rounds since 2018. Investors include Benchmark, Greenoaks and Tiger Global Management. Every round with its source. Source: https://millionrounds.com/company/pax (Millionrounds; every figure on the page links to its filing or article) United States · [Seed startup](https://millionrounds.com/companies) # Who invested in *Pax* 3 rounds we have observed, with the 7 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. AI Cannabis Govtech Raised 5 months ago Valuation: $1.7B, Mar 2026 Follow Pax and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fpax) Funding summary Updated 5 Nov 2026 **$480M** raised across 3 rounds since 2018, from 5 sources **$20M** Round **$420M** Round **$40M** Seed - **Latest round:** Seed, $40M May 2026 - **Led by:** Benchmark and Greenoaks - **Biggest round:** $420M Round · Apr 2019 - **Investors:** 7 (2 led) See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2020 2022 2024 2026 **$20M** Round **$420M** Round **$40M** Seed - **First round:** Round, $20M - **Biggest round:** $420M - **Usual gap between rounds:** 7.1 years ## The rounds - **May 2026** Seed **$40M** *2 new* [Benchmark](https://millionrounds.com/fund/benchmark) Lead [Greenoaks](https://millionrounds.com/fund/greenoaks) Lead Reported by LatamList and 2 others - **Apr 2019** Round **$420M** *2 new* [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) [Tao Capital Partners](https://millionrounds.com/fund/tao-capital-partners) Reported by TechCrunch SEC filing: $446M sold, first sale Apr 2019 - **Oct 2018** Round **$20M** *3 new* [Fidelity](https://millionrounds.com/fund/fidelity) [Tiger](https://millionrounds.com/fund/tiger) Tao Reported by Bloomberg ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Round** 2018 **Round** 2019 **Seed** 2026 [Benchmark](https://millionrounds.com/fund/benchmark) L [Greenoaks](https://millionrounds.com/fund/greenoaks) L [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) [Fidelity](https://millionrounds.com/fund/fidelity) [Tao Capital Partners](https://millionrounds.com/fund/tao-capital-partners) [Tiger](https://millionrounds.com/fund/tiger) Tao ## Everyone who backed them [Benchmark](https://millionrounds.com/fund/benchmark) VC firm **1** round, led 1 [Greenoaks](https://millionrounds.com/fund/greenoaks) VC firm **1** round, led 1 [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) VC firm **1** round [Fidelity](https://millionrounds.com/fund/fidelity) VC firm **1** round [Tao Capital Partners](https://millionrounds.com/fund/tao-capital-partners) Family office **1** round [Tiger](https://millionrounds.com/fund/tiger) Growth equity **1** round Tao no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=pax). ## Quick answers about Pax ### Who invested in Pax? Pax's investors include Benchmark, Greenoaks, Tiger Global Management, Fidelity and Tao Capital Partners, and 2 more on record. Benchmark led its latest round. ### How much has Pax raised? Pax has raised $480M across 3 rounds since 2018. ### When did Pax last raise? Pax's most recent round was a Seed of $40M in May 2026, led by Benchmark. ### What was Pax's biggest round? Pax's largest round on record is $420M (Undisclosed round), in Apr 2019. ### Who backed Pax first? Pax's first round on record, in Oct 2018, was backed by Fidelity, Tiger and Tao. ### What stage is Pax at? Pax's latest named round is a Seed, in May 2026. ### Where is Pax based? Pax is based in the United States. ### Who led Pax's rounds? Benchmark led the Seed in 2026. ## Companies like Pax In the same sector, and raised in the last eighteen months. [**Journify** $12M · Nov 2026](https://millionrounds.com/company/journify)[**Laza Medical** $160M · Nov 2026](https://millionrounds.com/company/laza-medical)[**Nooks** $543M · Nov 2026](https://millionrounds.com/company/nooks)[**Agrani Labs** $123M · Nov 2026](https://millionrounds.com/company/agrani-labs)[**Guava** $13M · Nov 2026](https://millionrounds.com/company/guava)[**Applied Compute** $580M · Nov 2026](https://millionrounds.com/company/applied-compute) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app