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PAX

Developer of application-controlled vaporizers designed to deliver a customizable smoking experience.
Developer of application-controlled vaporizers designed to deliver a customizable smoking experience.
Other Consumer Durables 📍 San Francisco, CA Founded 2007
Current Valuation
$1.7B
as of 2019-Q2
UNICORN

QL Price

$1.7B
0% vs last round
QuantLogix's current estimate for PAX, published 2026-09-27 — in line with the last disclosed round of $1.7B (2019-Q2).
Confidence
low
Basis
round anchored
What backs this price
Last disclosed round $1.7B 2019-Q2 weight 0.01
How this price has held up
No round has priced for PAX since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-09-27 and will be graded against the next priced round. See the full accuracy record →
How to actually get exposure to PAX →
Which publicly-traded funds already hold it, what $10,000 buys, and whether any route is open to you.
Cite this price as QuantLogix QL Price, PAX, 2026-09-27 (eb139db84329270d). The id pins this exact claim, so a citation stays checkable after the price moves. Model estimate for research — not a quote, target price, or investment advice.

IPO Outlookprivate

Is PAX going public?
No. PAX is private and has not filed to go public. There is no S-1 on file.
What is PAX's valuation in 2026?
PAX is valued at $1.7B as of 2019-Q2, set by its Series B ($420M, Apr 2019). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has PAX filed an S-1?
No public S-1 is on file for PAX.
How much has PAX raised?
PAX has raised $546.67M in total, most recently a Series B of $420M in Apr 2019.
Is PAX publicly traded — can you buy PAX stock?
No. PAX is a private company — its shares are not listed on any exchange and there is no ticker. The routes to exposure are pre-IPO secondary marketplaces and funds (accredited investors), employee tender offers when the company runs one, and public companies with read-through exposure. QuantLogix maps every route it can verify for PAX on its Pre-IPO Access Desk.
How to actually get exposure to PAX →
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.

Company Profile

Founded
2007
HQ
San Francisco, CA
Employees
350
Total Raised
$546.67M
Last Round
Series B — $420M (Apr 2019)
IPO Status
private

Fundraising Status

Series B · $420M · 7y 5mo ago
privateTotal raised $546.67M

Latest Funding Round

RoundAmountDateLead InvestorPost-Money
Series B$420MApr 2019—$1.7B

Talent Signal

Hiring trend
▶ Hiring steady
25% of roles posted in last 30d
Open roles
4
via greenhouse
Product-build share
25%
engineering, research, product, design
Trajectory
strengthening
balanced build + GTM — 25% builders vs 75% go-to-market/G&A — scaling both sides.
Recent senior hires: 2 senior hires (CTO, CEO).
Open roles by month
Open roles by month4Sep '26
Open roles by function
Open roles by functionFinance & Strategy1Sales & GTM1Other1Hardware1
■ product-building   ■ go-to-market / G&A
Key Executive Moves
INAvery MoonCTO · 2026-09-15
INTom SamuelCEO · 2026-09-15
From trusted-source news extraction (deep-enrich pipeline); dates approximate publication, not effective date.
Hardware Engineering Program ManagerAccounting ManagerAccount Manager - North New JerseyDirector of E-Commerce
Counted from PAX's live job board as of 2026-09-16; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.
Product DesignCannabisConsumer ElectronicsManufacturing
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2019-Q2. Refreshed quarterly.