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.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 05/27/21 | $10,000,000 | Series A |
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 | undisclosed |
