About PAX Labs
PAX Labs is a company based in San Francisco (United States) founded in 2007.. PAX Labs has raised $1.06 billion across 8 funding rounds from investors including Fidelity Investments, Ojp and Tao Capital Partners. PAX Labs offers products and services including Flower Vaporizers, Vape Pens, and THC Gummies. PAX Labs operates in a competitive market with competitors including G Pen, Rama Vape, Pucker Vapes and Kushcart, among others.
- Headquarter San Francisco, United States
- Stage Unicorn
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Pax Labs, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.06 B (USD)
in 8 rounds
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Latest Funding Round
$445.67 M (USD), Series E
Apr 29, 2019
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Investors
Fidelity Investments
& 6 more
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Employee Count
Employee Count
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Products & Services of PAX Labs
PAX Labs offers a comprehensive portfolio of products and services, including Flower Vaporizers, Vape Pens, and THC Gummies. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Devices for vaporizing dry herb to provide controlled cannabis experiences.
Pens for THC oil pods to enable portable and discreet consumption.
Gummies made with real fruit and Delta-9 THC for edible cannabis effects.
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Funding Insights of PAX Labs
PAX Labs has successfully raised a total of $1.06B across 8 strategic funding rounds. The most recent funding activity was a Series E round of $445.67 million completed in April 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Series E — $445.7M
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First Round
First Round
(27 Aug 2010)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2019 | Amount | Series E - PAX Labs | Valuation |
investors |
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| Apr, 2019 | Amount | Series E - PAX Labs | Valuation |
investors |
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| Oct, 2018 | Amount | Series D - PAX Labs | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in PAX Labs
PAX Labs has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Fidelity Investments, Ojp and Tao Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Venture and private equity investments are managed with global diversification.
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Founded Year | Domain | Location | |
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ArmaVir Partners is engaged in private equity investing globally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by PAX Labs
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - PAX Labs
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Pax Labs Comparisons
Competitors of PAX Labs
PAX Labs operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as G Pen, Rama Vape, Pucker Vapes and Kushcart, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Vapour products including vaporizers and accessories are manufactured.
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| domain | founded_year | HQ Location |
Provides disposable vapes with GPS, Bluetooth, and app customization for users.
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| domain | founded_year | HQ Location |
Offers vaporizers, bongs, and cannabis smoking accessories online.
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| domain | founded_year | HQ Location |
Provides smart vaping devices, cartridges, batteries, and accessories online.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Pax Labs
Frequently Asked Questions about PAX Labs
When was PAX Labs founded?
PAX Labs was founded in 2007 and raised its 1st funding round 3 years after it was founded.
Where is PAX Labs located?
PAX Labs is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of PAX Labs?
Tyler Goldman is the current CEO of PAX Labs.
Is PAX Labs a funded company?
PAX Labs is a funded company, having raised a total of $1.06B across 8 funding rounds to date. The company's 1st funding round was a Series D of $20M, raised on Aug 27, 2010.
What does PAX Labs do?
PAX Labs was founded in 2007 in San Francisco, United States. Operations focus on the cannabis sector through an internet-first model. Cannabis-infused vapor products are provided, along with multi-category items such as vapes, cannabis materials, and smoking accessories. The company serves consumers in the United States with these offerings. Leadership is held by CEO Tyler Goldman.
Who are the top competitors of PAX Labs?
PAX Labs's top competitors include G Pen, Rama Vape and Pucker Vapes.
What products or services does PAX Labs offer?
PAX Labs offers Flower Vaporizers, Vape Pens, and THC Gummies.
Who are PAX Labs's investors?
PAX Labs has 7 investors. Key investors include Fidelity Investments, Ojp, Tao Capital Partners, Tiger Global, and ArmaVir Partners.
What is PAX Labs's valuation?
The valuation of PAX Labs is $1.7B as of Apr 2019.