Pax8 is on cloud nine.
The Denver-based software firm has moved to a new office in the Denver Tech Center — one it says has better amenities and will entice more of its employees to work in person.
“We had 280 of them in (Tuesday), and it was a combination of jaw drops and awe and chest pumping with pride because they really feel that this is their palace,” Executive Vice President Lane Brannan told BusinessDen.
“We want to create a place that facilitates connections in a mixed-use space,” he added. We’ll be able to house 50-person trainings to 300-person town halls. With things that we would normally reserve a hotel for, we think we can up the experience here in HQ.”
Pax8 signed a seven-year lease for 50,600 square foot space in the Palazzo Verdi building at 6363 S. Fiddlers Green Circle in Greenwood Village. The business took the entire 11th floor and half of the 12th. James Rossell, corporate vice president of facilities, said Pax8 also has an option to add the other half of the 12th.
The company trimmed its footprint in the move from 5500 S. Quebec St. in Greenwood Village, where it had been since 2019. It had 74,000 square feet there.
Rossell said the new one is more tailored to the modern worker. The old spot, which is a mile-and-a-half away from Palazzo Verdi, was about 75% individual desk space and 25% meeting and collaboration space. The new one flips that ratio.
Although Pax8 doesn’t have specific in-office requirements for workers, Rossell and Brannan hope that the new home base will be a draw to Pax8’s 380 employees within a half-hour drive.
“We wanted to create this experience and this environment after we went through explosive growth through the COVID period,” Rossell said.
Pax8, founded in 2012, runs a cloud-based marketplace that connects technology vendors, like Microsoft or Amazon Web Services, with small to medium-sized businesses across the globe. The company said its revenue grew 239% from 2021 to 2024, and its headcount doubled to 1,800 during the same period.
The business has 20 offices in 18 countries and has been operating internationally since 2019. About 1,600 of its employees work stateside, 600 of them the Centennial State. Pax8 has another Colorado office at a rural tech hub in Florence.
“A digital marketplace is a digital place,” Brannan said. “This is the physical embodiment of that marketplace.”
