How much funding has Axle raised?

Axle has raised $4.0M in total funding, most recently a Seed round.

Who are Axle's investors?

Axle's investors include Gradient Ventures, Soma Capital, Contrary Capital, Rebel Fund, Y Combinator Continuity Fund.

Where is Axle headquartered?

Axle is headquartered in San Francisco, California, United States.

Axle

San Francisco, United States · Founded 2019 · $4.0M raised

Energy

Headquarters: San Francisco, California
Founded: 2019
Business Model: B2B
Website: axlepayments.com

Total Funding: $4.0M
Last Round: $4.0M SeedApr 2023
Rounds: 1

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 The original axlepayments.com domain is no longer active.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 $4.0M in total across 1 round, most recently a $4.0M Seed round in Apr 2023. Investors include Gradient Ventures, Soma Capital and Contrary Capital.