Pax Labs was founded in 2007 by Adam Bowen and James Monsees. While the company had discussed plans to go public in 2020, it remains private as of 2023.

Pax Labs is an electronic vaporizer company known for their flagship line of Pax vaporizers. The company also developed the Juul e-cigarette, though this has since split into an independently operated company. Pax Labs has raised more than $400 million in venture capital funding from investors including Tiger Global, Tao Capital Partners, Prescott General Partners, and Redmile Group. The company announced a valuation of $1.7 billion in 2019.

These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

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What is PAX Labs's IPO price?

The IPO price for PAX Labs will be known only if it becomes public. However, you may access the "Price At Last Round" and the "Implied EV" for publicly traded comparable companies with Forge Data.
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Can you invest in PAX Labs?

PAX Labs is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.

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Is PAX Labs a publicly traded company?

PAX Labs is a private company and not publicly traded.

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What is PAX Labs's funding to date?

PAX Labs has raised $15.91MM to date.
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When was PAX Labs founded?

PAX Labs was founded in 2007.

Who are PAX Labs's major investors?

Fidelity Investments
Tao Capital Partners
Redmile Group
UTA Ventures
Quiet Capital
Evolution VC Partners
Scale-Up Venture Capital
Night Owl Ventures
Rotor Capital
Talent Resources Ventures
IPD Capital
Artemis Growth Partners
E Squared Capital Management
Trog Hawley Capital
Poseidon Asset Management
Mont Alto Capital
Japan Tobacco
T-Life Capital

PAX Labs Funding Rounds and Last Known Valuation

Date Funding Round Funding Raised Price per Share Last Known Valuation
4/22/2019 Series B $10.71MM raised $XXX.XX $XXX.XX
10/22/2018 Series A $5.2MM raised $XXX.XX $XXX.XX
Based on primary financings
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Updated on: May 17, 2024


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