Early Stage

The On-Demand Airline That Has a Low Cost Per Seat

The On-Demand Airline That Has a Low Cost Per Seat


Raised this Round: Raised: $32,850

Total Commitments ($USD)



Start Date


Close Date


Min. Goal
Max. Goal
Min. Investment


Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share


Pre-Money Valuation


Year Founded



Travel and Hospitality

Tech Sector



Thousand Oaks, California

Tired of not being able to fly in your own private jet? Feeling like first class just isn’t cutting it anymore? Don’t have celebrity status to have your own jet? Well, with PAX you don’t have to. PAX aims to make jet charter cheaper for passengers and more valuable for operators.

Let’s say you want to take a trip that is about 300 miles. That feels too long to drive, but you’re limited by predetermined airline flight times. If flights are limited, then your flight time, especially if there are any layovers, might end up taking just as long as driving. Well, with PAX, you still control the on-demand part of your trip, but you then have an agent-based virtual negotiations with other passengers and charter operators. The result is creation of flights that meet your goals and are shared by other passengers. You then decide if you want to commit to the flight with a payment, place a hold and pay later, or simply be informed of changes as they occur.

Co-founders Mike Azzarello and Bruce Sawhill have had their fair share of flying around in the $23 billion per year private charter market. Mike founded JetLimo and Bruce founded DayJet, two companies that are similar to PAX. However, when those companies didn’t quite find the success their founders were looking for, the two learned from their mistakes, put their heads together, and founded PAX.

Flying on a private jet can bring the pleasure back to what often feels like the chore of flying. Don’t get me wrong - I have no idea about this from personal experience - but I can imagine. Apparently so can a lot of other people. Luxury is a hot commodity these days, and if this takes off, it could be like the next Airbnb….but, you know, with personal jets. If you dream about flying in luxury, this might be the dare-to-fly investment for you. If you’re okay with waiting in security lines with the rest of the common folk, well….you might want to let this jet charter its own way.
Create a free account today to gain access to KingsCrowd analytics.

Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
WingTips 04/28/2024 Wefunder $12,000,000 $3,950 Convertible Note Not Funded RegCF
WingTips (previously Personal Airline) 11/17/2022 Wefunder $25,000,000 $123,775 Convertible Note Funded RegCF
Personal Airline 11/11/2019 StartEngine $3,625,266 $18,659 Equity - Common Funded RegCF
Pax 12/28/2017 StartEngine $3,595,166 $32,850 Equity - Common Funded RegCF
Create a free account today to gain access to KingsCrowd analytics.

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

Upgrade to gain access

Pay Monthly
Annually (Save 17%)


$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Pax on Start Engine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $3,595,166
Price per Share: $1.00

Follow company

Follow Pax on Start Engine

Buy Pax's Deal Report

Warning: according to the close date for this deal, Pax may no longer be accepting investments.

Pax Deal Report

Get KingsCrowd’s comprehensive report on Pax including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Pax is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Pax deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge