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PAX.com

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Pax Vaporizers | Portable Flower, Wax & Cannabis Oil Vapes | PAX

San Francisco, United StatesFounded 2007Sports
Valuation $1–2.5B Last recorded · 2019
Headcount 100–500 Current team size
Total funding $500M–1B Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for PAX.com and the history behind them.

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 data

At a glance

Status
Operational
Founded
2007
Headquarters
San Francisco, United States
Employees
410
Open positions
11
Dealroom signal
69.4/100
Industry
Sports
Sector
Sports, Outside Tech
Business model
Manufacturing
Client focus
b2c

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
FundingOther financing Apr 2022 $0 — Undisclosed —
LATE VCOther financing Apr 2019 $420M $1.7B Tiger Global · Tao Capital Partners · Irving Investors · Evolution VC Partners ↗
Showing the latest 2 of 5 recorded eventsBook a demo for the full funding history →

Growth signals

PAX.com website traffic

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.

Latest monthly visits400K 3-month web change+53.8% 1-year team growth-2.1%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

12 investors on the cap table

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
  • Nightowl Ventures
  • Trog Hawley Capital
  • Fidelity Investments
  • Tao Capital Partners
  • Poseidon Asset Management
  • Tiger Global
  • Irving Investors
  • Evolution VC Partners
  • Prescott General Partners
  • IPD Capital
  • ArmaVir Partners
Team profiled 40 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · San Francisco HQ
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Market sentiment

Posts on X, past 7 days

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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