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Axle

Insurance Technology ~135 employees
Founded
--
Employees (Est.)
~135
9 leaders known
Total Funding
$4.0M
Funding Rounds
1
Last Funding
2023-04-13

About Axle

Axle is a company focused on automating insurance verification through a universal API, enabling instant access to insurance data directly from carriers. Their mission is to streamline processes for industries like mobility and lending by providing seamless integration and real-time policy updates.

Products & Services

Verification:Instantly access insurance data directly from the carrier, including policy status, term, and coverages.
Policy Monitoring:Receive real-time updates on policy changes such as cancellations or updates.
Document AI:Extract data from any insurance document, such as ID cards or declarations pages.
Validation Engine:Automatically validate if a policy meets specific requirements, enhanced with AI insights.
Ignition:Streamline collecting and verifying insurance data through an embeddable consent interface.
API:Integrate insurance data directly into applications for seamless access.
Dashboard:Access insurance data without integration, providing a user-friendly interface.
Axle for Platforms:Offer Axle’s services to customers through platform integrations.
Policy Report:Distribute policy data in a standardized report format.

Specialties

Insurance Verification Policy Monitoring Document AI API Integration Real-time Policy Updates

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Seed
T: -
FT: Seed 		A: 4000000
MR: -
FA: 4m
FAN: 4000000 		D: 2023-04-13
FD: 2023-04-13 		7 investors
Seed Latest
2023-04-13
$4.0M
7 investors (Pro only)

Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

C

Cameron Duncan

Co-Founder & CEO

LinkedIn (Pro only)
N

Nihar Parikh

Founder

LinkedIn (Pro only)
A

Armaan Sikand

Founder

LinkedIn (Pro only)
C

Carl Tremblay

Former Head of Growth

J

Joshua Pyle

Head of Risk and Insurance

M

Mathias Lenk

Head of Risk and Insurance

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Recent News

Axle Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Read more →

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Insurance Technology
Company Size
~135 employees (est.)

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Technology Stack

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