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Pax

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AI Broker for Tariff Refunds

Summer 2024Founded 202410 peopleSan Francisco, CA, USA
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About

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.

Founders · 2

Penny Chen
Penny ChenFounder & CEO
AmazonMIT

Penny is the Co-Founder and CEO of Pax AI. She has designed and built algorithms for pricing, forecasting, fulfillment, and capacity planning to optimize workflows, costs, and quality across logistics and supply chain. She has extensive experience driving projects at MIT, Flexport, and Amazon, addressing real-world problems through a mixture of AI/ML, statistics, and optimization.

Chris Le
Chris LeFounder
Amazon

Chris is the Co-Founder and CTO of Pax AI. Before Pax AI, Chris worked on scaling up Amazon's supply chain network where he was introduced to the logistics space. After Amazon, Chris built the TikTok E-Commerce merchant systems from 0-1 and took that learning to build Kyros, a live streaming e-commerce platform in Singapore. Most recently, Chris built the financial rewards and billing systems at Brex.

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