Transposafe Selects PAXAFE For Enhanced Supply Chain Visibility and Advanced Risk Management
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
PAXAFE and Carrier Collaborate to Provide Advanced Risk Mitigation and Prediction Capabilities to Power Cold Chain Distribution Networks
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Share this article
MILWAUKEE, April 16, 2021 /PRNewswire/
PAXAFE, an AI and machine learning start-up transforming the way supply chain risk is calculated and underwritten, today announced a $2.25 million seed round of funding led by Ubiquity Ventures, bringing funds raised to date to over $3.2 million. The new capital will be used to accelerate the rollout of PAXAFE s commercial platform to more enterprise customers while strengthening their AI-driven prediction models.
PAXAFE has developed a contextualization platform that enables predictive routing, time of arrival and adverse event prediction for B2B shipments. While many providers offer some form of real-time visibility, PAXAFE goes further by providing customers with the contextualization they need to transform shipment visibility into actionable steps and measurable business value.