Axle Automation raised $2.5M in a seed funding round led by Diagram Ventures to scale their team and enhance compliance solutions for financial institutions.
Amount Raised
$2.5 Million
Round Type
Seed
San FranciscoFinancial ServicesSoftwareArtificial IntelligenceMachine LearningInvestors
Description
Axle Automation, Inc. successfully closed a $2.5M seed funding round to optimize compliance teams for fintechs, banks, and other financial institutions. The round was led by Diagram Ventures and aims to address the growing demand for innovative AML solutions.
Quick answer
Axle Automation raised $2.5 Million in a Seed round, dated July 29, 2024. Investors: Streaming Fast, Uphonest Capital, Mistral Ventures and Diagram Ventures. Axle Automation is based in San Francisco, California, United States.
- How much did Axle Automation raise?
- Axle Automation raised $2.5 Million in a Seed round on July 29, 2024.
- Who invested in Axle Automation?
- Streaming Fast, Uphonest Capital, Mistral Ventures and Diagram Ventures are named as investors in this round.
- What does Axle Automation do?
- Axle is a pioneering provider of AI-powered solutions for Anti-Money Laundering (AML) compliance, dedicated to revolutionizing the way financial institutions combat financial crime.
- Where is Axle Automation based and how big is it?
- Axle Automation is based in San Francisco, California, United States.
- Who are the decision-makers at Axle Automation?
- Fundz holds 1 contact at Axle Automation. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Software around the same time
Companies in the same sectors as Axle Automation that raised within 45 days of this round, from Fundz verified event records.
- WiseLayer raised $7.2M on August 13, 2024.
- Purple Transform raised $5.9M (Funding Round) on September 12, 2024.
- Bounti Labs raised $16M (Seed) on September 12, 2024.
- xMap raised an undisclosed amount (Pre-Seed) on September 11, 2024.
- Datricks raised $15M (Series A) on September 11, 2024.
- Connectly raised $20M (Series B) on September 11, 2024.
Who to call at Axle Automation, and when
A new round usually means Axle Automation is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Axle Automation raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Axle Automation, from your own LinkedIn network
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Related People
Axle Automation 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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