# PAXAFE: Logistics, Indianapolis, United States

> PAXAFE: PAXAFE develops an AI-enabled, device-agnostic risk-management platform. Based in Indianapolis, United States. Founded 2018.

Source: https://millionrounds.com/startup/paxafe (Millionrounds; every figure on the page links to its filing or article)

United States · [Logistics startup](https://millionrounds.com/companies)

# PAXAFE

PAXAFE develops an AI-enabled, device-agnostic risk-management platform.

Funding reported Last round: Series A

Logistics Indianapolis, United States

Company summary

- **Founded:** 2018 8 years old
- **Team:** 11 11 to 50 people
- **Funding reported:** $21M in dollars
- **Last round:** Series A May 2024

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for PAXAFE has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## What company datasets say PAXAFE raised

Funding, as reported

Reported in all **$21M** in dollars

Rounds **7**

Last round **Series A**

Last round date **May 2024**

Investors listed **19**

## 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

## On 9 portfolio pages

Investors who name them

- [GreenGage Capital](https://millionrounds.com/fund/greengage-capital)
- [Sachse Family Fund](https://millionrounds.com/fund/sachse-family-fund)
- [Fintech Ventures Fund](https://millionrounds.com/fund/fintech-ventures-fund)
- [Tech Square Ventures](https://millionrounds.com/fund/tech-square-ventures)
- [Rosecliff Ventures](https://millionrounds.com/fund/rosecliff)
- [Engage](https://millionrounds.com/fund/engage)
- [Elevate Ventures](https://millionrounds.com/fund/elevate-ventures-2)
- [RSLP Ventures](https://millionrounds.com/fund/rslp-ventures)
- [Venture 53](https://millionrounds.com/fund/venture53)

Each firm lists PAXAFE on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## Logistics in United States

Startups like it

- [**Solaris Energy Infrastructure** Houston](https://millionrounds.com/startup/solaris-energy-infrastructure)
- [**Tristar Transport** Rochester · founded 1998](https://millionrounds.com/startup/tristar-transport)
- [**Warrior Met Coal** Brookwood · founded 2016](https://millionrounds.com/startup/warrior-met-coal)
- [**Emergent Cold** Dallas](https://millionrounds.com/startup/emergent-cold)
- [**Drivill Inc** New York · founded 2019](https://millionrounds.com/startup/drivill-inc)
- [**KlearNow** San Jose · founded 2018](https://millionrounds.com/startup/klearnow)
- [**Trackonomy Systems** Santa Clara · founded 2017](https://millionrounds.com/startup/trackonomy-systems)
- [**Capstan Systems** Carson · founded 1998](https://millionrounds.com/startup/capstan-systems)

## Is this your company?

Add your raise, your deck and your story, and put PAXAFE in front of investors. Or tell us what we have wrong.

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