We are pleased to announce that PAXAFE has closed a $1.5 million strategic financing round. The round was led by Value Chain Ventures and included participation from Jett McCandless, Founder & CEO of Project44 (last valued at $2.7 billion), and Peter Rentschler (CEO of Metafora, leading consulting and software development firm for supply-chain and logistics companies).
Fintech Ventures Fund has been an investor in PAXAFE since 2021, and we’re excited about this new round of financing from other supply-chain veterans.
Join us in congratulating the team at PAXAFE!
Press Coverage:
Wisconsin Inno - “Milwaukee-born supply chain tech startup PAXAFE raises $1.5M”
Freightwaves - “Risk management platform Paxafe closes investment with strategic industry insiders”