Fundraising Fox

Paxafe

Carmel, US · Founded 2018 · Delaware corporation · 6 known investors

paxafe.com ↗

PAXAFE is a logistics orchestration platform that helps cold chain manufacturers and logistics service providers reduce monitoring costs and automate lane validation and risk assessments using IoT device data and prescriptive recommendations.

Data & InfrastructureHealthtechIoTLogistics & Supply Chainin /paxafe@paxafe1

Founders & leadership

IP
ILYA PRESTONExecutive Officer, Director
AS
ASHOK SEETHARAMExecutive Officer, Director
ML
MATTHEW LAUTZDirector
PM
PETER MISEKDirector

Investors · 6

Elevate VenturesIndianapolis · $20K – $2M
FinTech VenturesAtlanta · $250K – $2M
Framework Venture PartnersToronto
Rosecliff VenturesNew York City · $500K – $10M
Tech Square VenturesAtlanta · $500K – $3M
Ubiquity VenturesreportedPalo Alto · $1M – $3M

Reported raises · per SEC filings

Form D private placements
▶$750KraisedNov 2025 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • PETER MISEKDirector
  • ILYA PRESTONExecutive Officer, Director
  • ASHOK SEETHARAMExecutive Officer, Director
Offering amount
$1.5M
Amount sold
$750K
Minimum investment
$100K
First sale
Oct 2025
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$6MraisedMar 2024 · 7 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • SUNIL NAGARAJExecutive Officer
  • PETER MISEKExecutive Officer
  • ILYA PRESTONExecutive Officer, Director
  • ASHOK SEETHARAMExecutive Officer, Director
Offering amount
$8.8M
Amount sold
$6M
Minimum investment
$150K
First sale
Feb 2024
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$750KraisedJul 2023 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • ILYA PRESTONExecutive Officer, Director
  • ASHOK SEETHARAMExecutive Officer, Director
  • SUNIL NAGARAJDirector
Offering amount
$750K
Amount sold
$750K
Minimum investment
$750K
First sale
Jul 2023
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$1.5MraisedMay 2022 · 4 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Ilya PrestonExecutive Officer, Director
  • Ashok SeetharamExecutive Officer, Director
  • Sunil NagarajDirector
Offering amount
$1.5M
Amount sold
$1.5M
Minimum investment
$25K
First sale
Apr 2022
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$2.3MraisedApr 2021 · 11 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • MATTHEW LAUTZDirector
  • ASHOK SEETHARAMExecutive Officer, Director
  • ILYA PRESTONExecutive Officer, Director
Offering amount
$2.3M
Amount sold
$2.3M
Minimum investment
$10K
First sale
Mar 2021
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$904KraisedNov 2019 · 14 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • ILYA PRESTONExecutive Officer, Director
  • ASHOK SEETHARAMExecutive Officer, Director
Offering amount
$904K
Amount sold
$904K
Minimum investment
$20K
First sale
Oct 2019
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$400KofferedFeb 2019 · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Ilya PrestonExecutive Officer, Director
  • Ashok SeetharamExecutive Officer, Director
Offering amount
$400K
Minimum investment
$25K
Proceeds to insiders
$60K
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

In the news