FundedIQ
Financial Services

Axle: Funding, Investors & Team (Sep 2026)

An open platform for customer-permitted insurance data is called Axle. Axle enables customers to safely link their insurance to businesses they trust in only a few seconds. Companies can rapidly check insurance with Axle and keep track of continuous coverage, which helps them give consumers a seamless experience and lower operational risk by making better-informed decisions.

axle.insure LinkedIn Atlanta, United States 1-10 employees Founded 2022
B2B Developer APIs FinTech InsurTech B2C
Total raised
$25.6M
Rounds
3
Latest
Series A
Aug 2026

Axle has raised $25.6M across 3 funding rounds on record, the most recent a Series A of $17.5M announced in Aug 2026.

That round is above the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Axle Company Profile and Key Stats

Total funding raised
$25.6M
across 3 rounds on record
Funding rounds on record
3
Latest funding round
Series A
$17.5M in Aug 2026
Employees
1-10
reported band
Founded
2022
Headquarters
Atlanta, United States
Investors on record
9
5 named below

Latest funding round on record: Aug 2026.

Axle Funding Rounds

Date
Round
Amount
Series A
$17.5M
Seed
$4.0M
Undisclosed round
$4.1M

Axle raised $4.1M in an undisclosed round announced in Nov 2022.

5 months later, a Seed of $4.0M was announced in Apr 2023.

3.3 years later, a Series A of $17.5M was announced in Aug 2026.

Axle Investors

Base10 Partners Y Combinator Gradient Soma Capital Stage 2 Capital

9 investors are recorded in total; the 5 named above are those the record identifies.

Axle Founders and Leadership Team

Name
Role
Contact
Nihar Parikh
Co-Founder, CTO
Locked
Cameron Duncan
Founder
Locked
Sam Bogoch
CEO
Locked

Contact details for the Axle team: 3 of 3 have an email address on file, 2 have a LinkedIn profile.

Start 14-day free trial →

Axle Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
29,795
$7.5M
8,378
$15M

Axle's latest round of $17.5M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Axle in Financial Services and Atlanta

Companies Similar to Axle

HiFi Bridge is a cryptocurrency payments platform that allows customers to buy and sell cryptocurrencies,…

Undisclosed round $21.8M

TabaPay, a leader in card payments processing for financial technology companies, helps clients easily…

Private Equity $155M

Immediate offers a solution for financial well-being that grants employees instant access to their earned…

Undisclosed round $7.1M

Koxa is an API platform that connects accounting software.

Undisclosed round $8.7M

RQD Clearing provides correspondent clearing services that fulfill brokers' technological and business model…

Undisclosed round $74.0M

Standard Metrics is a financial platform for startups and investors.

Series B $21.3M

Axela Technologies improves and automates the collection process for a variety of illiquid, esoteric real…

Undisclosed round $5.0M

Edge Focus develops and operates an advanced fintech platform in the area of investment management.

Private Equity

The Strivve Platform makes use of pioneering automation technology that allows for the immediate addition of…

Undisclosed round

CAIS is a monetary innovation stage, giving free monetary guides admittance to top-level supervisors of…

Series D $170M

Provable Markets is a financial services firm that provides market participants with a secure, centralized…

Series B

PEX Card is a corporate prepaid card solution provider for small and medium sized companies to control…

Private Equity $160M

Axle Funding FAQs

What does Axle do?

An open platform for customer-permitted insurance data is called Axle. Axle enables customers to safely link their insurance to businesses they trust in only a few seconds. Companies can rapidly check insurance with Axle and keep track of continuous coverage, which helps them give consumers a seamless experience and lower operational risk by making better-informed decisions.

How much funding has Axle raised?

Axle has raised $25.6M across 3 rounds on record. The most recent is a Series A of $17.5M announced in Aug 2026.

When did Axle last raise funding?

Axle's most recent funding round on record is a Series A of $17.5M, announced in Aug 2026.

Who has invested in Axle?

Investors on record for Axle include Base10 Partners, Y Combinator, Gradient, Soma Capital, Stage 2 Capital. FundedIQ records 9 investors in total.

Who founded Axle?

FundedIQ lists Nihar Parikh (Co-Founder, CTO), Cameron Duncan (Founder) at Axle.

Who is the CEO of Axle?

Sam Bogoch is listed as CEO at Axle.

Where is Axle headquartered?

Axle is based in Atlanta, Georgia, United States.

How many employees does Axle have?

Axle is in the 1-10 employee band.

When was Axle founded?

Axle was founded in 2022.

How does Axle's funding compare to other Financial Services startups?

Axle's latest round of $17.5M is above the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's Axle Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Axle is left off this page rather than filled in.

14-day free trial · Cancel anytime

Know who just raised. Then know who to reach.

Every newly funded startup with its round, its investors and its founders: delivered weekly by email, or searchable in the app.

Alerts from $19/mo · Pro from $99/mo. Card required, nothing charged until day 15, and we email you 3 days before that.