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PAX.com
Pax Vaporizers | Portable Flower, Wax & Cannabis Oil Vapes | PAX
About PAX.com
PAX Labs is a leading company in the cannabis vaporizer market, known for its high-quality, portable devices designed for consuming loose leaf, wax, and cannabis oil extracts. The company operates primarily in the North American market, catering to adult consumers who prefer a discreet, powerful, and easy-to-use vaping experience. PAX Labs' products are small enough to fit in your pocket, making them convenient for on-the-go use.
The company serves a diverse clientele, including recreational cannabis users and medical patients seeking alternative consumption methods. PAX Labs' flagship devices, such as the PAX 2, PAX 3, and the Era series, are designed to offer a premium vaping experience with advanced features like precise temperature control and app connectivity.
PAX Labs operates on a direct-to-consumer business model, selling its products through its website and authorized retailers. This approach allows the company to maintain control over the customer experience and ensure product authenticity. Additionally, PAX Labs generates revenue through the sale of its devices, accessories, and replacement parts. The company also offers a range of compatible pods and cartridges, which provide a recurring revenue stream.
In summary, PAX Labs is a prominent player in the cannabis vaporizer industry, known for its innovative and user-friendly products. The company serves a wide range of adult consumers and operates primarily in North America. Its business model focuses on direct sales and recurring revenue from consumables.
Source: Dealroom company dataKnowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| FundingOther financing | Apr 2022 | $0 | — | Undisclosed | — |
| LATE VCOther financing | Apr 2019 | $420M | $1.7B | Tiger Global · Tao Capital Partners · Irving Investors · Evolution VC Partners | ↗ |
Growth signals
Latest recorded traffic for PAX.com is 400K monthly website visits, up 53.8% over the last three months. PAX.com's team declined 2.1% over the past year.
Open positions
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later12 investors entered at this stage
Sand Hill Angels- NVNightowl Ventures
- TCTrog Hawley Capital
Fidelity Investments
Tao Capital Partners
Poseidon Asset Management
Tiger Global- IIIrving Investors
Evolution VC Partners- PPPrescott General Partners
- ICIPD Capital
- APArmaVir Partners
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about PAX.com on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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