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PAX LABS
PAX Labs
Cannabis / vaporizer hardware · San Francisco, California · United States · Founded · 2007 · ≈ · 303 · employees

PAX Labs Valuation: $1.7B After the Apr 2019 Equity round

Private

PAX Labs was last valued at $1.7B (post-money). It comes from the $420M Equity round of Apr 2019. The company is private, so there is no listed share price.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
PAX Labs valuation · at a glance
Last valuation
$1.7B
POST-MONEY · APR 2019
Lead investors
1
across 3 rounds
Raised across rounds
$476.7M
3 rounds
Date of last round
Apr 2019
closed 22 Apr 2019
Valuation history

How the PAX Labs valuation has moved

1 valuation. The latest, $1.7B post-money, was set by the Equity round in Apr 2019.

Latest valuation
$1.7Bpost-money
Set by the Equity round · 22 Apr 2019
Valuations
1
Priced rounds with a valuation
Event type
Primary round
The Equity round · $420M raised
Undated: Strategic investment at —.
Funding rounds

PAX Labs rounds and the valuation each one set

3 rounds
Round
Date
Amount
Valuation
Basis
Equity round LATEST
22 Apr 2019
$420M
$1.7B
POST-MONEY
Series C
10 Jun 2015
$46.7M
—
—
Strategic investment
—
$10M
—
—
Lead investors
Leads: Japan Tobacco International.
Full funding history — PAX Labs profile ›
What the valuation means

What the $1.7B actually measures

A private valuation is the price agreed in one transaction. The PAX Labs valuation of $1.7B is a post-money figure from the Equity round dated 22 Apr 2019 — the whole company measured after the $420M raised in that round was already inside it. Subtract the round and the pre-money view of the same deal is $1.3B .

The valuation holds until the next priced round or secondary sale. A private company founded in 2007 with roughly 303 people has no daily price and no order book between rounds.

Where the $1.7B comes from
EventEquity round, dated 22 Apr 2019
Basispost-money
Round size$420M

Frequently asked questions

What is PAX Labs's valuation?›

The last valuation is $1.7B.

Who has invested in PAX Labs?›

Lead investors for each round are in the funding timeline.

Who are PAX Labs's competitors?›

The closest cannabis / vaporizer hardware peers are on the competitors page.

How can I get exposure to PAX Labs?›

The routes section explains what is realistically available for a company at this stage.

Is PAX Labs publicly traded?›

No. PAX Labs is a private company; its shares do not trade on a public exchange.

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