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Axle

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Bharath Krishnamoorthy's photo - Co-Founder & CEO of Axle

Co-Founder & CEO

Bharath Krishnamoorthy

CEO Approval Rating

90/100

Founded:

2016

Status:

PrivateIndependent Company

Est. Annual Revenue
<$1M
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Est. Employees
25
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AXLE TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

Axle's company profile
Bharath Krishnamoorthy's photo - Co-Founder & CEO of Axle

Bharath Krishnamoorthy

Co-Founder & CEO

90/100
25
$41.8M
$ < 1M
View Profile
1
Axle's Competitor - PayCargo logo
Eduardo Del Riego's photo - President & CEO of PayCargo

Eduardo Del Riego

President & CEO

90/100
50
$160.3M
$8M
View Profile
2
Axle's Competitor - Turvo logo
Scott A. Lang's photo - Chairman & CEO of Turvo

Scott A. Lang

Chairman & CEO

86/100
232
$100M
$24.3M
View Profile
3
Axle's Competitor - TriumphPay logo
Jordan Graft's photo - President & CEO of TriumphPay

Jordan Graft

President & CEO

90/100
36
- -
$2.5M
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Missing a competitor? Contribute!

PayCargo is the top competitor of Axle. PayCargo is a Private company that was founded in Coral Gables, Florida in 2005. Like Axle, PayCargo also operates in the Fintech sector. PayCargo has 25 more employees vs. Axle.

Turvo is seen as one of Axle's biggest rivals. Turvo was founded in San Mateo, California} in 2014. Turvo operates in the Supply Chain Management industry. Compared to Axle, Turvo generates $24.3M more revenue.

TriumphPay is perceived as one of Axle's biggest rivals. TriumphPay was founded in 2017, and is headquartered in Dallas, Texas. Like Axle, TriumphPay also competes in the Fintech space. TriumphPay generates $2.5M more revenue vs. Axle.

Axle Acquisitions

No recent acquisitions found related to Axle

Axle Funding History

Since Axle was founded in 2016, it has participated in 5 rounds of funding. In total Axle has raised $41.8M. Axle's last funding round was on May 2021 for a total of $10.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Series A
May 2021
$10M
Debt
Aug 2020
$25M
-
Equity
Aug 2020
$2.7M
-
Seed
Jun 2020
$2.7M
-
Pre-Seed
Jan 2020
$1.4M

Since Axle was founded in 2016, it has participated in 5 rounds of funding. In total Axle has raised $41.8M. Axle's last funding round was on May 2021 for a total of $10.0M

Axle Investments

No recent investments found related to Axle

Axle News

August 14, 2020Benzinga

Startup Democratizes Freight Broker Financing

Axle Payments secures $27.7 million in debt and equity financing to help brokers manage cash flowCash... See more »
August 13, 2020FinTech Global

Axle Payments said to raise $27.7m in a round of debt and equity

Axle Payments has reportedly bagged $27.7m in a mixture of debt and equity to increase its market spr... See more »
February 7, 2020AlleyWatch

Axle Payments Raises $1.4M to Help Smaller Freight Brokers Manage Their Cash Flows

Equipped with sophisticated back-ends, larger conglomerates are often outcompeting small freight brok... See more »

Axle Press Releases

Social Media

Axle Headquarters

205 Hudson Street 7th Floor

New York, New York10013

1-855-250-4142

Driving Directions »

Trending Companies

Axle Summary

ABOUT

Overview

Axle is a New York-based fintech platform that provides payment collection, cash flow management and related solutions to freight brokers and forwarders. Axle was founded in 2016. Axle's headquarters is located in New York, New York, USA 10013. It has...

CEO

Axle's Co-Founder & CEO, Bharath Krishnamoorthy, currently has an approval rating of 90%. Axle's primary competitors are PayCargo, Turvo & TriumphPay.

Frequently Asked Questions about Axle

  1. When was Axle founded?

    Axle was founded in 2016
  2. Who is Axle's CEO?

    Axle's CEO is Bharath Krishnamoorthy
  3. How much revenue does Axle generate?

    Axle generates $ < 1M in revenue
  4. How much funding does Axle have?

    Axle has historically raised $41.8M in funding
  1. Where is Axle's headquarters?

    Axle's headquarters is in New York New York, USA
  2. How many employees does Axle have?

    Axle has 25 employees
  3. What sector does Axle operate in?

    Axle is in Fintech
  4. Who are Axle's competitors?

    Axle's top competitors are PayCargo, Turvo, TriumphPay