The round included continued investment from Y Combinator and Gradient, with participation from Stage 2 Capital and industry angels, including the founders of Cover Genius. They join existing investors, including the early team at Plaid.

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. Axle has helped Fortune 500 businesses like Rocket Mortgage, Avis, and Experian speed up workflows by 20x while recovering over $220M in losses.