About Paxafe
Paxafe is a private company based in Carmel, Indiana. It has reported $12,204,000 raised in seven offerings on Form D since February 2019. Its chief executive is Ilya Preston.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| Oct 29, 2025 | Nov 13, 2025 | $750,000of $1.4M target | 1 | $750K | Equity, Debt, OptionsRule 506(b) | Form D ↗ |
| Feb 23, 2024 | Mar 7, 2024 | $6,050,000of $8.7M target | 7 | $864K | EquityRule 506(b) | Form D ↗ |
| Jul 20, 2023 | Jul 28, 2023 | $750,000fully sold | 1 | $750K | Equity, OptionsRule 506(b) | Form D ↗ |
| Apr 22, 2022 | May 5, 2022 | $1,500,000fully sold | 4 | $375K | EquityRule 506(b) | Form D ↗ |
| Mar 31, 2021 | Apr 15, 2021 | $2,250,000fully sold | 11 | $204K | EquityRule 506(b) | Form D ↗ |
| Oct 25, 2019 | Nov 8, 2019 | $904,000fully sold | 14 | $64,571 | EquityRule 506(b) | Form D ↗ |
| Not yet | Feb 22, 2019 | $0of $400K target | 0 | — | Equity, Debt, OptionsRule 506(b) | Form D ↗ |
| Total, seven offerings | $12,204,000 | |||||
First sale is the date the first investor in the offering committed to invest. Companies must file Form D within 15 days of that date, so filing dates run later.
Leadership Team
Executive officers and directors listed on Paxafe's Form D filed Nov 13, 2025.
PM
Peter Misek
Director
IP
Ilya Preston
CEO and Secretary, director
AS
Ashok Seetharam
Executive officer and director
Earlier filings also listed Sunil Nagaraj (executive officer, last listed Mar 2024) and Matthew Lautz (director, last listed Apr 2021).