Axle
San Francisco, United States · Founded 2019 · $40.0M raised
- Headquarters
- San Francisco, California
- Founded
- 2019
- Business Model
- B2B
- Website
- axlepayments.com
- Total Funding
- $40.0M
- Last Round
- $4.0M SeedApr 2023
- Rounds
- 3
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 The original axlepayments.com domain is no longer active.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 rounds
Series A through Seed — per-round amounts, valuations, and who invested in each round.
Investors
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