Axle (Series A)
Funding Details
Awarder
RSS - feeds.feedburner.com
Date Award
September 3, 2026
Vertical
Insurance
Funding Amount
$17,500,000
Company Info
Traction
Axle has helped Fortune 500 businesses like Rocket Mortgage, Avis, and Experian speed up workflows by 20x while recovering over $220M in losses.
Organizations Involved
Rocket Mortgage, Avis, Experian
Founders
Founders of Cover Genius
Market
Insurance technology
Location
New York, NY, USA
Coinvestors
Y Combinator, Gradient, Stage 2 Capital, Cover Genius founders, Plaid early team
Company Description

Axle is the AI-native clearinghouse for insurance. Their infrastructure and AI agents automate complex insurance workflows for third parties including verification, monitoring, and policy updates.

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