Indian fintech startup axiTrust has raised $2.6 million in a seed funding round led by General Catalyst. The funds will be used for hiring, app development, and marketing as axiTrust looks to enhance its micro surety bond services for MSMEs.
Amount Raised
$2.57 Million
Round Type
Seed
GurugramInformation TechnologyFinanceFintechInvestors
Description
Mumbai-based fintech startup axiTrust Surety has raised 22 crore rupee (US$2.57 million) in a seed funding round led by US-based venture capital firm General Catalyst. Veltis Capital, Good Capital, and AngelList also participated. Founded in 2024, axiTrust offers micro surety bonds for MSMEs, providing collateral-free alternatives to traditional bank guarantees. The company plans to use the new funds for hiring, app development, and marketing.
Quick answer
axiTrust raised $2.57 Million in a Seed round, dated March 28, 2025. Investors: Angellist, Veltis Capital, Good Capital and General Catalyst. axiTrust is based in Gurugram, Haryana, India.
- How much did axiTrust raise?
- axiTrust raised $2.57 Million in a Seed round on March 28, 2025.
- Who invested in axiTrust?
- Angellist, Veltis Capital, Good Capital and General Catalyst are named as investors in this round.
- What does axiTrust do?
- axiTrust is a fintech startup that offers micro surety bonds for MSMEs, providing collateral-free alternatives to traditional bank guarantees.
- Where is axiTrust based and how big is it?
- axiTrust is based in Gurugram, Haryana, India. Fundz records about 15 employees.
- Who are the decision-makers at axiTrust?
- Fundz holds 2 contacts at axiTrust, including the Head of Sales & Growth. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Finance and Fintech around the same time
Companies in the same sectors as axiTrust that raised within 45 days of this round, from Fundz verified event records.
- Fraud Protection Network raised $80K (Seed) on May 12, 2025.
- Triumph Financial raised $20M on May 8, 2025.
- Autobooks raised $40M (Funding Round) on May 8, 2025.
- PB Fintech Group raised $218M (Seed) on May 8, 2025.
- Seedflex raised $3.2M (Seed) on May 7, 2025.
- Ceto raised $4.8M (Seed) on May 6, 2025.
Who to call at axiTrust, and when
A new round usually means axiTrust is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day axiTrust raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at axiTrust, from your own LinkedIn network
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Related People
axiTrust raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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