Axle (Series A)
Funding Details
- Awarder
- Inbox
- Date Award
- May 27, 2021
- Vertical
- Fintech
- Funding URL
- View Funding Page
- Funding Amount:
- $10,000,000
Company Info
- Founders
- Bharath Krishnamoorthy
- Company Description
- Axle is helping freight intermediaries modernize their operations and optimize their cash flows. In addition to factoring invoices for its freight broker clients, Axle automates their carrier payments, invoicing, and collections, and integrates with preferred Transportation Management Systems and Accounting software programs to streamline their back-office.
- Market
- Freight and Logistics
- Location
- New York, New York, USA
- Coinvestors
- Anthemis Group, Crosslink Capital, Darshan Somashekar, FJ Labs, Flexport, Jett McCandless, Mandeep Arora, Michael Mook, Plug & Play Ventures, Ron Suber, TechStars, Tribeca Early Stage Partners