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About
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.
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.
If you own PAX Labs pre-IPO shares and are considering selling, you can find what your shares could be worth on Forge’s secondary marketplace.
Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started.
PAX Labs is a private company and not publicly traded.
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.
| 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 |
