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

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