Fundz

Axle Secures $4M Led By Gradient Ventures To Reinvent Insurance Verification

PRIVATEApr 13, 2023

Amount Raised

$4 Million

Round Type

Seed

New YorkInsurtechSoftware DevelopmentInsurance

Investors

BLH VenturesRebel FundContrary CapitalSOMA CapitalY CombinatorGradient Ventures

Description

Axle, the leading universal API for insurance data, raised $4m in seed funding led by Gradient Ventures, Google's AI-focused venture fund. The round also included continued investment from Y Combinator and participation from Soma Capital, Contrary Capital, Rebel Fund, BLH Ventures, and industry angels including members of the founding team of Plaid and former executives from Cox Automotive.

Quick answer

Axle raised $4 Million in a Seed round, dated April 13, 2023. Investors: BLH Ventures, Rebel Fund, Contrary Capital, SOMA Capital, Y Combinator and Gradient Ventures. Axle is based in New York, New York, United States.

How much did Axle raise?
Axle raised $4 Million in a Seed round on April 13, 2023.
Who invested in Axle?
BLH Ventures, Rebel Fund, Contrary Capital, SOMA Capital, Y Combinator and Gradient Ventures are named as investors in this round.
What does Axle do?
Axle provides a comprehensive, modern corporate access platform, enabling streamlined and efficient connectivity, bringing clarity and ease to the complex dynamics of the capital markets.
Where is Axle based and how big is it?
Axle is based in New York, New York, United States.
Who are the decision-makers at Axle?
Fundz holds 2 contacts at Axle, including the Co-Founder, CTO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Insurtech and Software Development around the same time

Companies in the same sectors as Axle that raised within 45 days of this round, from Fundz verified event records.

  • Go Digit Infoworks Services raised an undisclosed amount (IPO) on April 24, 2023.
  • Nsure.com raised an undisclosed amount (Corporate Round) on April 11, 2023.
  • Acko raised $120M (Funding Round) on March 29, 2023.
  • Federato raised $25M on May 26, 2023.
  • Understory, Inc. raised $13M on May 25, 2023.
  • Zuum Transportation Inc. raised $250K on May 23, 2023.

Who to call at Axle, and when

A new round usually means Axle is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Axle raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Axle, from your own LinkedIn network

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Company Information

Company

Axle

Location

New York, New York, United States

About

Axle provides a comprehensive, modern corporate access platform, enabling streamlined and efficient connectivity, bringing clarity and ease to the complex dynamics of the capital markets.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Axle raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

2 contacts
Verified contactsArchy, Co-Founder, CTO hiddenSee plans and pricing
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