Pax, an AI-native public safety technology company, announced a $40 million seed funding round co-led by Greenoaks and Benchmark. The financing is one of the largest seed investments in Latin America and will support the company’s expansion of its real-time intelligence platform for law enforcement agencies across the region.
The company said its first large-scale deployment delivered significant public safety improvements within six months, including a 27% reduction in violent crime, a doubling of police efficiency, and a 59% increase in residents’ perception of safety. According to Pax, police departments using the platform have resolved more than 2,000 criminal cases, including homicides, armed robberies, and vehicle thefts, across more than 30 cities.
Pax was founded to address a major challenge facing law enforcement in Latin America, where crime imposes substantial economic and social costs. The company cited estimates from the Inter-American Development Bank showing that violence costs the region approximately 3.5% of GDP, or about $241 billion annually. In Brazil, where roughly 40,000 homicides are recorded each year, fewer than four in ten homicide cases are solved, according to data referenced by the company.
The platform is designed to help investigators process and analyze large volumes of data that are often spread across disconnected systems. Pax integrates camera networks, police records, and criminal databases into a unified intelligence platform. Its AI-powered technology transforms information related to vehicles, individuals, locations, and incidents into a dynamic intelligence graph that can generate investigative leads and real-time alerts. The company emphasized that every search and access request is logged and attributed to a specific operator to enhance transparency and accountability.
Founder and CEO David Peixoto said the company was built around the idea that crime solving is fundamentally a data challenge. He noted that investigators often spend substantial time reviewing footage, cross-checking vehicle information, and connecting evidence from multiple sources, tasks that can be accelerated through AI-powered analysis.
Peixoto is a well-known entrepreneur in Brazil. He previously scaled Arco into the country’s largest education technology company and led its Nasdaq listing, making it the first Brazilian education company to go public on the exchange. He later co-founded isaac, a company focused on financial and management solutions for Brazilian K-12 schools.
Pax’s team includes engineers and researchers with backgrounds from institutions such as Stanford, Harvard, MIT, ITA, and USP. The company said many team members left positions at major U.S. technology companies to return to Brazil and help build the business.
The investors backing the company bring extensive experience in high-growth technology businesses. Greenoaks has invested in companies including Coupang, Brex, Revolut, Flock Safety, and Anthropic. Benchmark’s portfolio includes Uber, eBay, Instagram, and Snap.
Pax currently operates in more than 30 cities throughout Brazil and works with state and municipal governments to help law enforcement agencies solve cases more quickly and reduce violent crime. The company plans to use the new funding to continue scaling its platform across Latin America.
KEY QUOTES:
“Solving crimes is a data problem. We built Pax from the ground up to index real world data and make it actionable in real time. The officer investigates. The officer decides. The platform multiplies their capacity.”
David Peixoto, Founder and CEO, Pax
“Ask Brazilians what they want fixed, and their number one answer is crime. For decades, the region’s police departments have lacked both the technology to generate useful data and the capabilities to act on the data they have. When we first backed Pax, we believed they could build the region’s first public safety platform using technology that delivers real-time intelligence. Now, carjackings in Pax’s first state have collapsed, and officers can’t imagine working without it. We believe Pax is building the category-defining public safety company for Latin America, and we are proud to partner with David and the team as they scale it across the region.”
Andrew Cohen, Partner, Greenoaks
“For decades, violence in Latin America was treated as inevitable. We believe it is unacceptable – and solvable. We are just getting started.”
David Peixoto, Founder and CEO, Pax
