Work Here?
About PAX Labs
Industries
Healthcare
Consumer Goods
Company Size
201-500
Company Stage
Late Stage VC
Total Funding
$507.5M
Headquarters
San Francisco, California
Founded
2017
Overview
PAX Labs specializes in creating portable vaporizers for cannabis consumption, including loose leaf, wax, and oil extracts. Their devices, such as the PAX 2, PAX 3, and Era series, are designed for adult users who value discretion and ease of use. These vaporizers feature advanced options like precise temperature control and app connectivity, enhancing the vaping experience. PAX Labs distinguishes itself from competitors by operating a direct-to-consumer model, which allows them to control the customer experience and ensure product authenticity. Their goal is to provide a premium vaping experience while catering to both recreational users and medical patients seeking alternative consumption methods.
Simplify's Take
What believers are saying
- PAX's sustainability initiatives attract environmentally conscious consumers, boosting brand loyalty.
- Patent lawsuits protect PAX's intellectual property, securing market share from competitors.
- Collaborations with artists create buzz and attract new customers to PAX's products.
What critics are saying
- Increased competition from advanced vaporizers like Storz & Bickel's Mighty threatens market share.
- Patent litigation could lead to costly legal battles and financial liabilities for PAX.
- New product acceptance, like PAX TRIP, may face challenges in market penetration.
What makes PAX Labs unique
- PAX Labs leads in app-controlled vaporization technology, enhancing user experience.
- The company achieved Plastic Negative certification, setting a sustainability benchmark in cannabis.
- PAX's direct-to-consumer model ensures product authenticity and customer experience control.
Help us improve and share your feedback! Did you find this helpful?
Funding
Total Funding
$507.5M
Above
Industry Average
Funded Over
2 Rounds
Tiger GlobalBenefits
Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
Paid Vacation
Paid Parental Leave
Wellness Program
Phone/Internet Stipend
Mental Health Support
Growth & Insights and Company News
6 month growth
↓ -3%1 year growth
↓ -3%2 year growth
↓ -3%SAN FRANCISCO--(BUSINESS WIRE)--PAX, a leading global cannabis brand, today announced a new program to reduce plastic waste. Through a partnership with rePurpose Global, the world’s leading Plastic Action Platform, PAX has become the first brand in the cannabis space to achieve Plastic Negative certification across all existing product lines. This certification includes PAX MINI and PLUS, PAX ERA and 1G pods, and PAX Gummies, and means that for every product sold, twice as much plastic waste is removed from nature. As part of this broader plastic action effort, PAX is launching PAX TRIP, the brand’s first all-in-one vape, and the industry’s first plastic negative all-in-one, made with ocean bound plastic. The TRIP features PAX’s pure cannabis oils, with a rechargeable battery that heats, never burns, from start to finish. Additionally, it has been engineered for clean hits, with a clear air path that ensures vapor never touches the internal electronics
Pax Labs Inc. has filed a lawsuit against the vape brand Stiiizy Inc. and its manufacturer ALD Group Ltd. for allegedly infringing four patents with vape pens they make and sell.
PAX, a leading global cannabis brand, today announced the launch of its limited edition holiday collaboration "Love: Hits Different," in partnership with artist James Goldcrown.
A few weeks ago, Pax, one of our favorite weed vape manufacturers, sent me their newest release, the Pax Weed Grinder.
There are no jobs for PAX Labs right now.
Find jobs on Simplify and start your career today
About PAX Labs
Industries
Healthcare
Consumer Goods
Company Size
201-500
Company Stage
Late Stage VC
Total Funding
$507.5M
Headquarters
San Francisco, California
Founded
2017
There are no jobs for PAX Labs right now.
Find jobs on Simplify and start your career today