PaxlifeInnovations
Cloud-edge software platform for passenger information systems.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | N/A | - | |
| Total Funding | 000k | ||
| USD | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | - | - | - | - | (116 %) | (97 %) |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Dealroom estimates
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PaxLife Innovations is a German software company specializing in digital services for the public transport sector, including rail, buses, and aircraft. Based in Potsdam, the company was founded in 2017, initially focusing on connecting aircraft passengers to the digital world before expanding its technology to rail and public transit in 2019.
The company's core offering is a cloud-edge software platform that enables transport operators to manage and deliver passenger information, infotainment, and other digital services across various vehicles and devices. Its main product, railSTACK, is an open, cloud-edge hosting platform that allows for the deployment and management of applications on vehicles like trains and buses. This is complemented by paxCMS, an application that empowers operators to design, update, and deliver real-time information and content without needing programming knowledge. The platform is hardware-independent, allowing software to be decoupled from the physical equipment in the vehicles.
PaxLife's business model is centered on providing a fully managed, modular service to transport operators and systems integrators. Clients can start with a single functionality and add more services later, such as onboard Wi-Fi, video and audio streaming, and digital catering solutions with at-seat ordering. The platform is designed to be scalable and allows for remote updates, providing flexibility and cost-effectiveness. By processing and streamlining complex data flows, PaxLife aims to create a unified and enhanced passenger information experience. The company also helps generate additional revenue for operators through advertising and content provider integration.
Keywords: passenger information systems, cloud-edge platform, public transport software, rail technology, infotainment, digital services integration, onboard WiFi, fleet management software, real-time travel information, mobile passenger services, railSTACK, paxCMS, transport operator solutions, digital catering, content delivery network, in-vehicle displays, transportation software, asset-light, B2B software, mobility solutions