PAXAFE

AI-powered logistics intelligence platform for cold chain and high-value cargo risk management

Specialty Solutions Growth Series A

Overview

PAXAFE is an AI-powered logistics orchestration and decision intelligence platform that prevents product loss and enables instant trade-off decisions for cold chain and high-value cargo operations. Founded in 2018 by Ashok Seetharam and Ilya Preston, the company provides data-agnostic risk management solutions for shippers, third-party logistics providers, carriers, and insurance companies.

The platform focuses on reducing operational risk by predicting adverse events in supply chains, automating interventions, and enabling intelligent cargo insurance. PAXAFE aggregates IoT telematics, third-party data, and ERP integrations to provide real-time shipment risk intelligence, allowing enterprises to intercept at-risk shipments before losses occur.

The company reported 330% year-over-year revenue growth in 2024, raised USD 9M in Series A funding from Framework Venture Partners, M12 (Microsoft's venture fund), Rosecliff Ventures, and Elevate Ventures, and expanded its executive leadership team with three strategic appointments.

Products & Services

CONTXT Platform

The core intelligence platform that contextualizes location and condition monitoring data from device-agnostic IoT sources. It quantifies shipment and lane risk, predicts on-time-in-full (OTIF) delivery, and automates passive logger temperature management.

Key Features

Device-agnostic IoT data aggregation (passive ELDs, active IoT devices, carrier milestones)
Real-time shipment risk quantification and lane risk scoring
Automated adverse event prediction and prevention
ERP and control tower integration

Target Users: Shippers, 3PLs, carriers, and insurance providers

PAXAFE for Operations

Automated monitoring control tower providing real-time exception-based shipment visibility and predictive intervention capabilities.

Key Features

Agnostic control tower with consolidated multi-carrier visibility
LSP (logistics service provider) performance monitoring and improvement
Exception-based shipment monitoring with automated alerts
Predictive intervention to reduce operational risk in real time

Target Users: Supply chain operations teams and 3PLs

PAXAFE for Planning

Lane qualification and supply chain planning tool with dynamic risk analysis and scenario simulation.

Key Features

Lane qualification with dynamic risk analysis
Standard operating procedure (SOP) digitization
Performance aggregation across carriers and lanes
Scenario simulation for supply chain optimization

Target Users: Supply chain planners and logistics managers

ATHENA (AI Assistant)

Generative AI specialist powered by LLM-agnostic architecture, utilizing Amazon Athena large language models.

Key Features

Conversational AI interface for supply chain queries
Scenario modeling and what-if analysis
Root cause analysis for adverse events
LLM-agnostic recommendations engine for autonomous decision-making

Target Users: Operations managers and risk analysts

At a Glance

Founded: 2018
Headquarters: Indianapolis, Indiana, USA
Employees: 11-50
Funding: Series A

Category & Focus

Category: Specialty Solutions
Subcategories: Cargo Insurance Technology Supply Chain Risk IoT Data Analytics Claims Automation
Insurance Verticals: Specialty/E&S P&C Commercial
Target Customers: Carriers, MGAs/MGUs