Top accelerator startups

14,448 startups · 29 programs

Axle

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.

5signal of 100 · rising 3
  • acquiredOutcome · YC, program pages, Acquisitions+4
  • went through Plug and PlayProgram · this site+1

A sum of public facts, not a judgement and not investment advice.

Competitors

Adjacent

Also from Plug and Play in AI

All of Plug and Play

Programs

Programs Axle went through
ProgramCohortSource
Plug and PlayNot statedPlug 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
13h 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.