# PAXAFE > AI\-powered logistics intelligence platform for cold chain and high\-value cargo risk management ## At a glance | Field | Value | | --- | --- | | Category | Specialty Solutions | | Type | Solutions Provider | | Region | NA | | Headquarters | Indianapolis, Indiana, USA | | Founded | 2018 | | Stage | Growth | | Employees | 11-50 | | Funding | 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 ## Category & focus - 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 ## Links - Website: - Directory profile: - Blog: - Linkedin: - Crunchbase: - Press release \(series a\): --- *Last updated: 2026\-06\-05*