Axle
Axle was founded in 2019, is headquartered in San Francisco, United States, and has $40.0M in recorded funding across 3 rounds.
- Headquarters
- San Francisco, California
- Founded
- 2019
- Business Model
- B2B
- Website
- axlepayments.com
- Total Funding
- $40.0M
- Last Round
- $4.0M SeedApr 2023
- Rounds
- 3
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 3 funding rounds and 10 investors for this company. The full record is or through the API.
About
Axle (formerly Axle Payments) was an AI-powered freight factoring company based in San Francisco that provided small freight brokers with short-term working capital by purchasing their accounts receivable at a discount. Founded in 2019, the company later rebranded as Denim in September 2022 after raising a $126 million Series B led by Pelion Venture Partners. The original axlepayments.com domain is no longer active.
Summary
Axle is an Energy company based in San Francisco, United States, founded in 2019. It has raised $40.0M in total across 3 rounds, most recently a $4.0M Seed round in Apr 2023. Investors include Crosslink Capital, Gradient Ventures and Pelion Venture Partners.
Funding History
Apr 2023
Sign up to see all 3 events
Funding: Series A through Seed. Amounts, valuations, and investors where available.
Investors
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