Blog

Open Letter about New Selection Criteria

Eric Hanson
October 5, 2022

PAX has excellent news to share with our community: Starting in Spring 2023, PAX is expanding the selection criteria for our leading B2B accelerator program to include pre-revenue companies!

PAX has emerged as the leading Go-To-Market accelerator for B2B tech startups. Since our launch in Fall 2020, PAX has funded and trained over 40 companies and increased our cash investment per company to $100K. Perhaps our most significant source of pride is that 100% of PAX founders would recommend the experience to their peers.

Entrepreneurs turn to PAX for a focused master class on the key elements for founder-led sales and building a scalable and repeatable process. We have primarily invested in firms with a product and early customer traction. Our tactical sales and marketing coaching radically boosts startups as they start to scale revenue. Through discussion with early-stage entrepreneurs, we have discovered that the program delivers a huge positive impact on pre-product companies as they fine-tune product-market fit.

The PAX experience guides entrepreneurs through a disciplined exploration of the buying journey for their best prospects. The rigorous experience truly accelerates entrepreneurs’ ability to examine and define all the elements required to bring a product to market, including the best sales model, pricing, channel strategy, the definition of a prospect, and a concise value proposition. We help founders with early revenue by providing practical solutions for selling and leading a sales team. The PAX program also offers invaluable strategic insights which illuminate the shortest path to market for pre-product startups.

Going forward, founders can count on PAX to continue to focus on the foundational pillars for promising startups:

  • $100k cash investment at terms established by other investors (no set valuations)
  • Virtual programming from 5-7 pm EST so that you don’t neglect employees and customers
  • Practical and hands-on training to maximize programming time
  • Office hours and guidance from our experienced PAX Angel network
  • In-person and virtual speed dating events with investors
  • 6 month subscription to Pitchbook and other valuable tools

PAX Blogs

Celebrating PAX Women CEOs

As we wrap up Women's History Month, I don’t want to miss the chance to brag about the inspirational female founders that PAX has invested in. Working closely with these trailblazing CEOs is one of the highlights of my job. But what makes these women truly remarkable? Instead of relying on my own admiration, I went straight to the source - their co-founders.

Pax Momentum is thrilled to announce the members of its Spring-23 cohort!

This cohort marks a turning point for PAX, with a record number of applications and the strongest companies we’ve had the chance to evaluate. After a very intense selection process, we are excited to introduce the eight companies that make up our Spring-23 cohort.‍

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