PAXAFE
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PAXAFE

https://www.paxafe.com/
Last activity: 08.07.2022
Categories: TechnologySupplyProductPlatformPhysicalInsurTechHardwareEnterpriseDataCargo
PAXAFE predicts adverse events through the supply chain to de-risk B2B shipments and enable intelligent cargo insurance. By building ML models that properly diagnose and label excursions, PAXAFE is uniquely positioned to leverage more granular, contextual data to accurately identify when, where and under which conditions future adverse events are likely to occur. PAXAFE's intelligence platform – CONTXT - leverages near real-time telematics, third-party and ERP data to provide a digital twin to the physical supply chain capable of answering who, what, when, where, how and why. CONTXT enables shippers, 3PLs / carriers and insurance providers the ability to intercept at-risk shipments, automate claim diagnosis and root cause analysis, and improve loss ratios via improved underwriting. PAXAFE’s platform decreases cargo loss while improving operational efficiencies. PAXAFE - a venture-backed C-Corp - is a graduate of gener8tor Accelerator, was a 2019 Accelerate Michigan startup competition finalist and a 2020 ACORD InsurTech Challenge finalist, and is a top 20 Wisconsin startup to watch in 2020 and 2021. PAXAFE is currently a part of the Creative Destruction Lab (CDL) - Risk stream.
Followers
367
Mentions
7
Location: United States, Wisconsin, Milwaukee
Employees: 1-10
Total raised: $2.25M
Founded date: 2019

Investors 6

Funding Rounds 1

DateSeriesAmountInvestors
16.04.2021Seed$2.25M-

Mentions in press and media 7

DateTitleDescriptionSource
12.05.2022Milwaukee-born supply chain tech startup PAXAFE raises $1.5M-bizjournal...
20.04.2021Supply chain startup PAXAFE pulls in $2.25 million in seed f...-bizjournal...
19.04.2021PAXAFE raises $2.25 millionMilwaukee-based provider of smart packaging technology for high-value products PAXAFE PAXAFE Founde...coverager....
16.04.2021Paxafe, which offers visibility into B2B supply chains, rais...Did you miss a session from GamesBeat Summit 2022? All sessions are available to stream now. Learn m...venturebea...
16.04.2021PAXAFE Raises $2.25M Seed Funding Round MILWAUKEE, WI, PAXAFE announced a $2.25 million seed round of funding led by Ubiquity Ventures. &...vcnewsdail...
16.04.2021Paxafe, which offers visibility into B2B supply chains, rais...Join Transform 2021 this July 12-16. Register for the AI event of the year. Paxafe, a platform usin...venturebea...
16.04.2021Pafaxe Raises $2.25M in Seed FundingPafaxe, a Milwaukee-based AI and machine learning startup focused on improving the way supply chain ...finsmes.co...

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