Pax
AI Broker for Tariff Refunds
About the Company
Pax: Breaking Into a 200-Year-Old Industry with AI 🔧
Pax is disrupting the centuries-old import-export industry by bringing modern technology to solve age-old problems in international trade.
The Problem 💸
Each year, 80% of eligible import tax refunds—equivalent to $11B—go unclaimed. This represents a significant loss for retailers and manufacturers, especially those under $50M in revenue.
Our Solution 🤖
We're leveraging AI to automate and optimize the duty drawback process:
- First AI-powered broker in the industry
- Algorithms that generate 15% more refunds than the industry leader
- 99% reduction in processing time by eliminating manual work
Join Our Mission 🌟
Founded by technical experts from MIT, Brex and top tech companies, we're seeking passionate innovators to help transform international trade finance.
Be part of the team that's bringing AI to a 200-year-old industry and making a real impact on businesses worldwide.
Tech Stack
Our Technology Stack
- Frontend: Next.js
- Backend: Python
- AI: LLMs (GPT, Claude, etc)
Technical Challenges We're Tackling
Intelligent Document Processing: Developing AI models to accurately extract and interpret complex customs documentation.
Regulatory Compliance at Scale: Building systems that adapt to ever-changing international trade regulations across multiple jurisdictions.
Secure Data Handling and Ledger Keeping: Implementing robust security measures to protect and track sensitive financial and trade data.
AI-Powered Decision Making: Utilizing LLMs to automate intricate decision-making processes in duty drawback claims.
Seamless Integration: Developing APIs to integrate smoothly with various ERP systems and customs databases.
Join us in solving these exciting challenges and transforming a centuries-old industry with modern technology!
Founders
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 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.
Open Positions at Pax (1 Jobs)
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