Denim Overview

  • Status
  • Private

  • Employees
  • 192

Employees

  • Latest Deal Type
  • General Corporate Purpose

  • Latest Deal Amount
  • $63M

  • Investors
  • 19

Denim General Information

Description

Developer of freight factoring software designed to integrate payments, collections, and financing. The company's platform helps users easily access the working capital they need to grow in a competitive market through freight software that provides factoring, automated invoicing, collections, and payments, enabling small freight brokers to simplify their back-office operations and give them more time to run their business.

Contact Information

Website
www.denim.com
Formerly Known As
Axle Travel, Axle Payments
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 111 Town Square Place
  • Suite 1203 Number 1067
  • Jersey City, NJ 07310
  • United States
+1 (855)
Primary Industry
Business/Productivity Software
Other Industries
Financial Software
Vertical(s)
Mobility Tech, SaaS, Supply Chain Tech, TMT, FinTech, Mobile
Corporate Office
  • 111 Town Square Place
  • Suite 1203 Number 1067
  • Jersey City, NJ 07310
  • United States
+1 (855)

Denim Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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Denim Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
12. General Corporate Purpose 30-May-2024 $63M Completed Generating Revenue
11. Debt - General 01-Aug-2023 Completed Generating Revenue
10. Later Stage VC 01-Jan-2023 Completed Generating Revenue
9. Later Stage VC (Series B) 15-Sep-2022 Completed Generating Revenue
8. Early Stage VC (Series A) 10-May-2021 Completed Generating Revenue
7. Early Stage VC 12-Aug-2020 Completed Generating Revenue
6. Seed Round 27-Jan-2020 Completed Generating Revenue
5. Accelerator/Incubator 05-Feb-2018 Completed Generating Revenue
4. Seed Round 10-Jan-2018 $1.24M $1.4M Completed Generating Revenue
3. Accelerator/Incubator 28-Jul-2017 $156K $156K Completed Startup
To view Denim’s complete valuation and funding history, request access »

Denim Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series B
Series A
Seed-2
Seed-1 373,955 $0.000100 $0.3 $0.3 1x $0.3 1.28%
Seed 3,208,552 $0.000100 $0.84 $0.84 1x $0.84 10.99%
To view Denim’s complete cap table history, request access »

Denim Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of freight factoring software designed to integrate payments, collections, and financing. The company's platfo
Business/Productivity Software
Jersey City, NJ
192 As of 2024

Santa Clara, CA

Maynard, MA
 
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Denim Competitors (9)

One of Denim’s 9 competitors is Shipwire, a Formerly VC-backed company based in Santa Clara, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Shipwire Formerly VC-backed Santa Clara, CA
Kuebix Formerly VC-backed Maynard, MA
Controlpay Formerly PE-Backed Breda, Netherlands
ShipHawk Private Equity-Backed Santa Barbara, CA
One Network Enterprises Formerly VC-backed Dallas, TX
You’re viewing 5 of 9 competitors. Get the full list »

Denim Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Denim Investors (19)

Investor Name Investor Type Holding Investor Since Participating Rounds
Capital Factory Accelerator/Incubator Minority
Neer Venture Partners Venture Capital Minority
Pelion Venture Partners Venture Capital Minority
Bluewater Companies Venture Capital Minority
Crosslink Capital Venture Capital Minority
You’re viewing 5 of 19 investors. Get the full list »

Denim FAQs

  • Where is Denim headquartered?

    Denim is headquartered in Jersey City, NJ.

  • What is the size of Denim?

    Denim has 192 total employees.

  • What industry is Denim in?

    Denim’s primary industry is Business/Productivity Software.

  • Is Denim a private or public company?

    Denim is a Private company.

  • What is Denim’s current revenue?

    The current revenue for Denim is .

  • How much funding has Denim raised over time?

    Denim has raised $172M.

  • Who are Denim’s investors?

    Capital Factory, Neer Venture Partners, Pelion Venture Partners, Bluewater Companies, and Crosslink Capital are 5 of 19 investors who have invested in Denim.

  • Who are Denim’s competitors?

    Shipwire, Kuebix, Controlpay, ShipHawk, and One Network Enterprises are some of the 9 competitors of Denim.

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