Pax Raises $40 Million Seed Funding Round Led By Greenoaks And Benchmark

Pax, a public safety company based in São Paulo, raised $40 million in seed funding through a round co-led by Greenoaks and Benchmark. The investment will support the company's development of real-time intelligence platforms for law enforcement, integrating cameras, police records, and criminal databases into a cohesive system. This platform is already operational in over 30 Brazilian cities and has played a role in resolving more than 2,000 cases, including homicides, armed robberies, and vehicle thefts.

Summary of transaction details:

• Deal Type: Seed
• Transaction Amount: $40,000,000
• Company HQ: São Paulo, Brazil
• Founder: David Peixoto
• Notable Investors: Greenoaks, Benchmark

Pax is led by CEO David Peixoto, who steers the company towards its mission of transforming fragmented data into actionable intelligence for law enforcement. The strategic integration of various data sources under Pax’s platform exemplifies a comprehensive approach to public safety and crime resolution, emphasizing efficacy in police operations across Brazil.