Pax8
Pax8 offers a cloud marketplace for organizations to manage solutions, featuring consolidated billing, automated provisioning, and PSA integrations.
Secondary Market Price
How Pax8 Measures Up
To help you manage your Pax8 equity, Prospect has run the company through our machine learning model.
Prospect Rating
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This rating reflects our belief in this company's potential to grow to that many times its current value in 4 years. For an employee with stock, this rating suggests a potential return on equity, but it also comes with some risk.
Exit Risk
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Our rating is a reflection of the likelihood of this company achieving a liquidity event for its employees based on the quality of investors, funding stage, founders, and more.
Funding Stage
Series E
A company’s funding stage reflects how established it is, how quickly it is scaling, and the average impact an employee may have when joining.
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Prospect Projected Future Pax8 Prices
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Company Description
Pax8 operates a cloud marketplace that enables managed service providers (MSPs) to buy, sell, and manage cloud solutions. The platform provides consolidated billing, automated provisioning, and integrations with Professional Services Automation (PSA) tools. It also includes AI-driven features, such as an "Opportunity Explorer" designed to identify sales opportunities and security vulnerabilities for clients. Founded in 2012 by John Street, the company has grown to employ over 1,800 people and maintains a global presence with offices in North America, Europe, and the Asia-Pacific region.
Pax8 is currently focused on guiding its partners through a transition from MSPs to "Managed Intelligence Providers" (MIPs), a model centered on orchestrating AI and automation. Recent company developments include the appointment of Avery Moon as Chief Technology Officer to advance its product strategy and the launch of "Public Storefronts," which allow prospective customers to browse service bundles digitally. Pax8 has also expanded its marketplace by adding several new vendors, including Augmentt, AvePoint, and Vicarius, and secured $50 million in debt financing in October 2023.
- SoftBank Vision Fund 2
- Catalyst Investors
- Sageview Capital
- Blue Cloud Ventures
- Liberty Global Ventures
- Co-Founder, John Street
- Co-Founder, Klaus Dimmler
- Co-Founder, Ryan Walsh
Peer Group Comparison
Vs Peer Group of >$4B Startups
Frequently Asked Questions
Joining Anduril as an employee is another way to acquire equity, typically through stock options included in compensation packages.
Is Pax8 worth joining?
Deciding whether to join Pax8 depends on your personal career goals and how its trajectory aligns with your ambitions. To make an informed decision, it's crucial to evaluate the total compensation package, including the potential future value of your equity grant.
What should I do with my Pax8 stock?
The right strategy for your Pax8 stock depends on your financial goals, risk tolerance, and tax situation. Platforms like Prospect can help you build a customized plan for exercising options and selling shares to maximize your potential returns.
Can you sell Pax8 stock?
As Pax8 is a private company, selling stock is typically restricted to company-approved liquidity events, such as tender offers or secondary market sales. Tools designed for private equity can help you identify and make the most of these opportunities when they arise.
How can I find the value of my Pax8 stock?
The official value of your private stock is determined by the company's 409A valuation, which is used for tax purposes. For a projection of its potential future market value, you can use platforms like Prospect, which use predictive models to forecast outcomes for private companies.
What is Pax8's equity worth?
The current worth of private company equity is formally set by its 409A valuation, but its future value depends on company growth, market conditions, and an eventual exit. Financial modeling tools can help you understand the potential range of outcomes for your holdings.
What is Pax8's stock ticker symbol?
Since Pax8 is a private company, it does not have a stock ticker symbol and is not traded on public stock exchanges. A ticker symbol would only be assigned if the company were to complete an Initial Public Offering (IPO).
Can I buy or sell Pax8 stock?
Buying or selling stock in a private company like Pax8 is restricted and not as simple as trading public stocks. Selling is generally possible only during specific liquidity events, while buying is often limited to accredited investors in private funding rounds or on secondary markets.
What is the criteria to buy or invest in Pax8 stock?
Investing in a private company like Pax8 is typically restricted to accredited investors who meet specific income or net worth requirements set by financial regulators. Employees may also receive equity as part of their compensation, which is another way to hold stock in the company.
