Denim Overview
- Status
-
Private
- Employees
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192
- Latest Deal Type
-
General Corporate Purpose
- Latest Deal Amount
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$63M
- Investors
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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.comCorporate Office
- 111 Town Square Place
- Suite 1203 Number 1067
- Jersey City, NJ 07310
- United States
Corporate Office
- 111 Town Square Place
- Suite 1203 Number 1067
- Jersey City, NJ 07310
- United States
Denim Timeline
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 |
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% |
Denim Comparisons
Industry
Financing
Details
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 |
Denim Signals
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 |
Denim FAQs
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Where is Denim headquartered?
Denim is headquartered in Jersey City, NJ.
-
What is the size of Denim?
Denim has 192 total employees.
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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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