Axle
Plug and Play · Acquired · Axle is an AI-powered freight factor. We provide small freight brokers with affordable, short-term working capital by purchasing their accounts receivable at a discount.
Competitors
| Company | Category | Status | Program |
|---|---|---|---|
 MasterpieceShared: working capital, term working, short termActiveAI | AI | Active | YCX26 |
 Lighthouz AIShared: freight brokerActiveAI | AI | Active | YCS24 |
 BurtShared: freight broker, drivenActiveAI | AI | Active | YCW26 |
 Tennis FinanceShared: account receivable, drivenNot statedAI | AI | Not stated | Antler2022 |
 SupahostShared: short termNot statedAI | AI | Not stated | EF2025 |
Adjacent
| Company | Category | Status | Program |
|---|---|---|---|
 First CircleShared: short term, term working, working capitalNot statedOther | Other | Not stated | 500 Global2015 |
 MarcoShared: working capital, factoring, receivableNot statedOther | Other | Not stated | Antler2020 |
 LendoShared: short term, working capital, smallNot statedOther | Other | Not stated | 500 Global2019 |
 EarlytradeShared: working capitalNot statedOther | Other | Not stated | Antler2022 |
 JustincaseShared: short term, small, drivenNot statedOther | Other | Not stated | 500 Global +12019 |
Also from Plug and Play in AI
All of Plug and Play
Programs
| Program | Cohort | Source |
|---|---|---|
 Plug and Play | Not stated | Plug and Play Page |
About Axle
Axle is an innovative company operating in the Fintech, Insurtech, Mobility, and Supply Chain industries. Specializing in AI-powered freight factoring, Axle offers small freight brokers affordable short-term working capital by purchasing their accounts receivable at a discount. The traditional invoice factoring industry is highly fragmented, with small brokers often facing challenges in securing financing due to their higher risk profiles. Axle addresses this issue by automating operations, utilizing advanced underwriting techniques, and implementing a data-driven fraud detection system. By streamlining processes and providing tailored financial solutions, Axle aims to support small freight brokers in optimizing their cash flow and operational efficiency.
- Status
- Acquired
- Category
- AI
- Location
- United States
- Checked
- 1h ago
Axle: questions
Which accelerators did Axle go through?
Axle is listed by Plug and Play.
Is Axle still active?
Plug and Play lists Axle as acquired.
Where is Axle based?
Axle lists United States as its location on Plug and Play's page.
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