Pax
Pax AI is an AI-native trade compliance platform based in San Francisco, California. Founded in 2024 by Penny Chen and Chris Le, the company focuses on automating duty drawback and tariff refunds for retailers and manufacturers. It operates as a B2B FinTech/RegTech solution, helping enterprises recover customs duties and manage trade compliance through its AI Trade Compliance Control Tower. The core offering of Pax AI includes an automated duty drawback platform that streamlines data collection, validation, and filing for tax refund programs. It maximizes refund claims using optimization algorithms, ensuring that small to medium-sized businesses can capture funds that might otherwise go unclaimed. The platform also provides real-time tracking of claims, compliance support for customs regulations, and tools for trade compliance teams to enhance efficiency and visibility in their operations.