YCS24· AI· DevtoolsPax
AI Broker for Tariff Refunds
Founders
- Penny ChenFounder/CEO
- Chris LeFounder
Same space
Competitors
Closest in what they build, same category.
Adjacent
Overlapping tags, a different niche.
SENDW20Flexport for Africa - Digital Freight forwarder and Customs Broker.Shared: broker, flexport, tradeActive
ForgeW24AI native freight forwarder and customs brokerShared: tariff, brokerActive
TravaW25AI agents for global trade complianceShared: duty, trade, complianceActive
PAX MarketsW25More 𝛼, less latency: exchange and HFT on one chip.Shared: pax, tradeActive
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About Pax
Pax is the AI-native broker that automates and maximizes tariff refunds through duty drawback. We've helped enterprises recover millions in duties and manage their entire trade compliance operation from one platform. Each year, 80% of eligible refunds—equivalent to $15B—go unclaimed. Pax is the first AI-first broker that makes this process transparent and streamline while maximizing all duty saving opportunities. We are two technical founders: Penny got her PhD from MIT and, and was a former research scientist at Amazon & Flexport, where I encountered the problem firsthand. Chris is a second-time founder and former software engineer at Amazon, Brex, and TikTok.
San Francisco, CA, USA
Pax: questions
Which YC batch was Pax in?
Pax was in Y Combinator's Summer 2024 batch (S24).
Is Pax still active?
Y Combinator lists Pax as active.
Who founded Pax?
Pax's founders, as listed on its YC page: Penny Chen (Founder/CEO), Chris Le (Founder).
Where is Pax based?
Pax lists San Francisco, CA, USA as its location on YC's directory.
Not affiliated with Y Combinator. From YC's public directory. Logos via logo.dev; trademarks belong to their owners.