How Much Did Pax8 Raise? Headquarters, Funding & Key Investors

Pax8 has raised a total of $395.57 million through multiple funding rounds, including $185 million in April 2022 led by SoftBank Vision Fund 2, and $50 million in debt financing in September 2023 from HSBC. Founded in 2012 and valued at $1.7 billion, Pax8 operates as an AI-powered cloud marketplace based in Greenwood Village, Colorado. The company connects over 20,000 managed service providers worldwide, simplifying the buying, selling, and management of cloud solutions for small and medium-sized businesses, while expanding rapidly across global cloud markets.

How Much Did Pax8 Raise? Funding & Key Investors

Pax8 is an AI-powered cloud marketplace that enables users to buy, sell, and manage cloud-based solutions. With a total funding of $395.57M from top investors like SoftBank Vision Fund 2, Blue Cloud Ventures, Catalyst Investors, and Sageview Capital, Pax8 provides a robust platform for cloud commerce and business growth. The company is valued at $1.7B and supports over 20,000 managed services partners globally, helping small and medium-sized businesses adopt cloud solutions efficiently.

What Is Pax8 and What Does It Do?

Pax8, founded in 2012 by John Street and Klaus Dimmler, is headquartered in Greenwood Village, Colorado. The company specializes in cloud commerce marketplaces, providing a platform for buying, selling, and managing cloud solutions.

With a workforce of 1,001–5,000 employees, Pax8 offers services such as quoting, ordering, provisioning, support, and billing across multiple cloud services. Their platform, the Pax8 Command Console, aggregates cloud services from various vendors, simplifying the process for their partners.

Pax8 provides customer acquisition programs, marketing on demand, and sales on demand to help partners grow their client base.

How Much Funding Has Pax8 Raised?

1. Pre-Seed Round

Amount Raised: $520K
Date: December 2011
Motivation: To establish initial operations and develop the core platform.

2. Venture Round

Amount Raised: $5.1M
Date: February 2014
Lead Investors: FirstMile Ventures
Motivation: To expand the team and enhance the platform's capabilities.

3. Venture Round

Amount Raised: $350K
Date: April 2014
Motivation: To support early-stage growth and market entry.

4. Debt Financing

Amount Raised: $3.6M
Date: February 2016
Motivation: To provide working capital for scaling operations.

5. Venture Round

Amount Raised: $13.3M
Date: February 2019
Motivation: To accelerate product development and market expansion.

6. Venture Round

Amount Raised: $41.7M
Date: September 2020
Motivation: To enhance platform features and expand the customer base.

7. Venture Round

Amount Raised: $96M
Date: January 2021
Lead Investors: Catalyst Investors, Sageview Capital
Motivation: To support strategic acquisitions and global expansion.

8. Venture Round

Amount Raised: $185M
Date: April 2022
Lead Investors: SoftBank Vision Fund
Motivation: To accelerate innovation and expand into new global markets.

9. Debt Financing

Amount Raised: $50M
Date: September 2023
Lead Investors: HSBC
Motivation: To provide additional working capital for ongoing projects.

Total Funding Raised: $395.57 Million

Current Valuation: $1.7 Billion (as of April 2022)

Latest Funding Date: June 2025

Key Investors

1. SoftBank Vision Fund 2

Details: Global investment fund managed by SoftBank Investment Advisers.
Investment Focus Areas: Technology, artificial intelligence, robotics.
Notable Investments: Uber, WeWork, DoorDash.

2. Catalyst Investors

Details: Growth equity firm investing in technology-enabled businesses.
Investment Focus Areas: SaaS, digital media, technology-enabled services.
Notable Investments: Weave, Conductor, MediaMath.

3. Sageview Capital

Details: Provides growth capital to leading companies in technology, financial services, and business services.
Investment Focus Areas: Technology, financial services, business services.
Notable Investments: Avalara, Elastic, MetricStream.

4. Blue Cloud Ventures

Details: Venture capital firm investing in late-stage SaaS and enterprise software companies.
Investment Focus Areas: SaaS, enterprise software, cloud computing.
Notable Investments: Druva, Freshworks, Sisense.

5. Liberty Global Ventures

Details: Investment arm of Liberty Global, focusing on technology, media, and telecommunications.
Investment Focus Areas: Technology, media, and telecommunications.
Notable Investments: Plume, EdgeConneX, Layer3 TV.

Where Is Pax8’s Headquarters?

Pax8 is headquartered in Greenwood Village, Colorado, providing access to a growing tech ecosystem, proximity to enterprise partners, and a central location for serving clients across the United States and globally.

What’s Next for Pax8?

With $185 million in new equity capital, Pax8 is poised to accelerate innovation and expand into new global markets. The company aims to enhance its cloud marketplace and technology platform, empowering SMBs with advanced technology solutions. This significant investment, led by SoftBank Vision Fund 2, underscores the vast opportunities available for Pax8, including the potential to cloud-enable more than 200,000 businesses through its 20,000 managed services partners.

Get Investor & Funding Insights with TexAu

TexAu helps sales and business teams uncover detailed fundraising information on companies like Pax8. Use the platform to research investors, track funding rounds, and gather actionable insights to strengthen prospecting and business strategy.