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About Pax8
Industries
Enterprise Software
Education
Company Size
1,001-5,000
Company Stage
Debt Financing
Total Funding
$395.1M
Headquarters
Greenwood Village, Colorado
Founded
2011
Overview
Pax8 operates a cloud marketplace that connects businesses with a variety of cloud-based solutions, including software and infrastructure services from major vendors like Amazon Web Services and Microsoft. The platform allows IT service providers, managed service providers (MSPs), and value-added resellers (VARs) to access these solutions easily. Pax8 enhances its offerings by providing educational resources through the Pax8 Academy, which helps clients understand and utilize cloud technology effectively. Unlike many competitors, Pax8 focuses on creating a collaborative ecosystem where partners and vendors can work together, streamlining operations for its clients. The company's goal is to empower businesses to grow by providing them with the tools, insights, and support they need to succeed in the cloud computing market.
Simplify's Take
What believers are saying
- Pax8's new partnerships enhance cybersecurity offerings, meeting rising demand for robust solutions.
- The Pax8 Voyager Alliance program supports MSP growth with tailored enablement and education.
- Pax8's rapid growth is recognized, ranking second on the DBJ 2024 Fast 50 List.
What critics are saying
- Emerging cloud marketplaces may offer competitive pricing, threatening Pax8's market share.
- Economic downturns in key markets could reduce IT spending, impacting Pax8's revenue.
- Reliance on key vendor partnerships poses risks if relationships change or dissolve.
What makes Pax8 unique
- Pax8 offers a unified platform for quoting, ordering, provisioning, support, and billing.
- The Pax8 Academy provides cloud-based education to help clients navigate cloud complexities.
- Pax8's marketplace connects partners and vendors, enhancing service offerings and operations.
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Funding
Total Funding
$395.1M
Above
Industry Average
Funded Over
3 Rounds
SoftBankBenefits
Medical, dental, and vision (most plans covered at 100%)
Employee Assistance Program
Paid holidays and Extended Holiday Program
Flexible vacation and paid sick time
Military, parental, and family care leave
401(k) with company match
Bonus program
Employer-paid life insurance, short-term, and long-term disability
Home-office allowance
Transportation benefits
Pet adoption reimbursement
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↓ -1%2 year growth
↑ 2%Pax8 has appointed Craig Foster as its new Chief Financial Officer, to help oversee all areas of the company's financial strategy to ensure that it continues to drive sustainable growth and innovation.
Cloud marketplace Pax8 has named Danni Munro as its new vice president of sales for Australia and New Zealand.
ASCII Group announces event details: The ASCII Group, a North American community of independent MSPs, today announced more details of its ASCII Edge 2025 conference series, including keynote speakers, locations and MSP sessions.
Pax8 has introduced the Pax8 Voyager Alliance, a partner programme intended to assist managed service providers (MSPs) worldwide.
NEW YORK, Nov. 13, 2024 /PRNewswire/ -- Sourcepass, an innovative IT Services and Cybersecurity provider, is proud to announce that they have been named an inaugural member of the Galactic level of the Pax8 Voyager Alliance Program. The Pax8 Voyager Alliance partner program provides global partners with a modern approach to achieving success. Fueled by innovation and investment, the program is tailored to meet Pax8's partners' specific needs and provides a scalable, strategic growth path. Through elevated enablement, education, and support, Pax8 Voyager Alliance empowers partners to thrive at every stage of their journey. This new program is built entirely around Pax8's partner Marketplace experience and introduces partners to a tiered model
Pax8 is Hiring for 27 Jobs on Simplify!
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About Pax8
Industries
Enterprise Software
Education
Company Size
1,001-5,000
Company Stage
Debt Financing
Total Funding
$395.1M
Headquarters
Greenwood Village, Colorado
Founded
2011
Pax8 is Hiring for 27 Jobs on Simplify!
Find jobs on Simplify and start your career today