# PAXAFE funding: rounds and investors > PAXAFE has raised $9.8M across 2 rounds since 2024. Investors include Gaingels, Right Side Capital Management and Gener8tor. Every round with its source. Source: https://millionrounds.com/company/paxafe (Millionrounds; every figure on the page links to its filing or article) United States · [Series A startup](https://millionrounds.com/companies) # Who invested in *PAXAFE* 2 rounds we have observed, with the 5 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. Logistics Raised 12 months ago Funding summary Updated 26 Oct 2026 **$9.8M** raised across 2 rounds since 2024, from 2 sources **$9.0M** Series A **$750K** Round - **Latest round:** Round, $750K Oct 2025 - **Biggest round:** $9.0M Series A · May 2024 - **Investors:** 5 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. 2025 **$9.0M** Series A **$750K** Round - **First round:** Series A, $9.0M - **Biggest round:** $9.0M - **Between rounds:** 18 months ## The rounds - **Oct 2025** Round **$750K** No investor was named in the report. Filed with the SEC (Form D); no report of this raise yet SEC filing: $750K sold, first sale Oct 2025 - **May 2024** Series A **$9.0M** *5 new* [Gaingels](https://millionrounds.com/fund/gaingels) [Right Side Capital Management](https://millionrounds.com/fund/right-side-capital-management) [Gener8tor](https://millionrounds.com/fund/gener8tor) [AngelList](https://millionrounds.com/fund/angellist) [Mana Ventures](https://millionrounds.com/fund/mana-ventures) Source recorded SEC filing: $6.0M sold, first sale Feb 2024 ## Founders and team From PAXAFE's own website: 2 founders, 5 on the team. **Ilya Preston** Co-founder & CEO **Ashok Seetharam** Co-founder & CTO - **Brian Shultz** Head of Channel and Partnership - **Chandler Williams** Head of Customer success - **Darren Nicas** Head of Integration - **Ivan Castro** Head of Marketing - **Sahil Sangwan** Head of Data ## 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. **Series A** 2024 **Round** 2025 [Gaingels](https://millionrounds.com/fund/gaingels) [Right Side Capital Management](https://millionrounds.com/fund/right-side-capital-management) [Gener8tor](https://millionrounds.com/fund/gener8tor) [AngelList](https://millionrounds.com/fund/angellist) [Mana Ventures](https://millionrounds.com/fund/mana-ventures) ## Everyone who backed them [Gaingels](https://millionrounds.com/fund/gaingels) Private equity **1** round [Right Side Capital Management](https://millionrounds.com/fund/right-side-capital-management) VC firm **1** round [Gener8tor](https://millionrounds.com/fund/gener8tor) VC firm **1** round [AngelList](https://millionrounds.com/fund/angellist) Angel network **1** round [Mana Ventures](https://millionrounds.com/fund/mana-ventures) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=paxafe). ## Also claim to have backed them These 9 firms list PAXAFE as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [Tech Square Ventures](https://millionrounds.com/fund/tech-square-ventures) VC firm Per its own site [Engage](https://millionrounds.com/fund/engage) VC firm Per its own site [Rosecliff Ventures](https://millionrounds.com/fund/rosecliff) VC firm Per its own site [Elevate Ventures](https://millionrounds.com/fund/elevate-ventures-2) Angel network Per its own site [Venture 53](https://millionrounds.com/fund/venture53) Accelerator Per its own site [Fintech Ventures Fund](https://millionrounds.com/fund/fintech-ventures-fund) VC firm Per its own site [GreenGage Capital](https://millionrounds.com/fund/greengage-capital) Family office Per its own site [RSLP Ventures](https://millionrounds.com/fund/rslp-ventures) VC firm Per its own site [Sachse Family Fund](https://millionrounds.com/fund/sachse-family-fund) Family office Per its own site ## Quick answers about PAXAFE ### Who invested in PAXAFE? PAXAFE's investors include Gaingels, Right Side Capital Management, Gener8tor, AngelList and Mana Ventures. ### How much has PAXAFE raised? PAXAFE has raised $9.8M across 2 rounds since 2024. ### When did PAXAFE last raise? PAXAFE's most recent round, $750K, was in Oct 2025. ### What was PAXAFE's biggest round? PAXAFE's largest round on record is $9.0M (Series A), in May 2024. ### Who backed PAXAFE first? PAXAFE's first round on record, in May 2024, was backed by Gaingels, Right Side Capital Management and Gener8tor and 2 others. ### What stage is PAXAFE at? PAXAFE's latest named round is a Series A, in May 2024. ### Where is PAXAFE based? PAXAFE is based in the United States. ## Companies like PAXAFE In the same sector, and raised in the last eighteen months. [**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**Xona** $512M · Oct 2026](https://millionrounds.com/company/xona)[**DashFuel** Oct 2026](https://millionrounds.com/company/dashfuel)[**Truck Parking Club** Oct 2026](https://millionrounds.com/company/truck-parking-club)[**Applied Intuition** $640M · Oct 2026](https://millionrounds.com/company/applied-intuition)[**Stord** $782M · Oct 2026](https://millionrounds.com/company/stord) ## 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