Axle’s Competitors, Revenue, Number of Employees, Funding, Acquisitions & News

Axle is a cloud-based fintech platform that provides payment collection and cash flow management solutions to freight brokers and forwarders. Read more

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

Co-Founder & CEO

Bharath Krishnamoorthy

CEO Approval Rating

90/100

Founded:

2016

Status:

TOP COMPETITORS OR ALTERNATIVES

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CEO

CEO RATING

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TriumphPay is the top competitor of Axle. TriumphPay is a Private company that was founded in Dallas, Texas in 2017. Like Axle, TriumphPay also operates in the Application Software sector. TriumphPay has 5 more employees vs. Axle.

PayCargo is seen as one of Axle's biggest rivals. PayCargo was founded in Coral Gables, Florida} in 2007. Like Axle, PayCargo also competes in the Application Software space. Compared to Axle, PayCargo generates $37.7M more revenue.

Turvo is perceived as one of Axle's biggest rivals. Turvo was founded in 2014, and is headquartered in Sunnyvale, California. Like Axle, Turvo also operates in the Application Software space. Turvo generates $6.6M more revenue vs. Axle.

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Growth Score - 1/1

Is $ < 1M a good estimate for Axle's revenue?

Acquisitions

No recent acquisitions found related to Axle

Axle Funding History

$29.1M

Since Axle was founded in 2016, it has participated in 3 rounds of funding. In total Axle has raised $29.1M. Axle's last funding round was on Aug 2020 for a total of $25.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Aug 2020
$25M
-
Equity
Aug 2020
$2.7M
-
Pre-Seed
Jan 2020
$1.4M

Total Funding: $29.1M

Since Axle was founded in 2016, it has participated in 3 rounds of funding. In total Axle has raised $29.1M. Axle's last funding round was on Aug 2020 for a total of $25.0M

Investments

No recent investments found related to Axle

Axle News

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

Headquarters

205 Hudson Street 7th Floor

New York, New York10013

1-855-250-4142

Driving Directions »

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Summary

ABOUT

Overview

Axle is a cloud-based fintech platform that provides payment collection and cash flow management 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 raised 29.1...

CEO

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

Website

axlepayments.com

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 $29.1M 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 Application Software
  4. Who are Axle's competitors?

    Axle's top competitors are TriumphPay, PayCargo, Turvo