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Axle logo — Instantly verify insurance.

Axle

Instantly verify insurance.

Founded 2022 United States United States 19 employees Seed Total: $4.50M API, B2B +2

General Information

Company Name Axle
Founded Year 2022
Location United States United States
Employees 19
Industries API, B2B, Fintech +1
Funding Stage Seed
Social

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About Axle

Axle is a startup dedicated to instantly verifying insurance with its universal API for insurance data. Founded in 2022 and headquartered in the United States, Axle aims to help companies reduce operational costs and provide a frictionless experience for users by enabling instant insurance verification and ongoing coverage monitoring. The startup recently received a significant boost through a $4.00M Seed Round investment on April 10, 2023. This round saw the participation of prominent investors, including Google's AI-focused venture fund, Y Combinator, BLH Venture Partners, Gradient Ventures, Open Core Ventures, and Rebel Fund. With such strong backing from leading investors, Axle seems poised for significant growth in the API, B2B, Fintech, and Insurtech industries.

Business keywords: insurance verification, API, data, operational cost reduction, frictionless experience, startup, investment, technology, Y Combinator, Google Ventures, Plaid, Cox Automotive, industry leaders

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round $4.00M 6
Soma Capital Y Combinator BLH Venture Partners
Soma Capital, Y Combinator +4
10 Apr 2023
Pre Seed Round $500.00K 1
Y Combinator
Y Combinator
18 May 2022

Axle Alternatives & Competitors

Axle vs
Noyo
Noyo United States

Powering the modern benefits experience

Series B
114 employees
Fintech, Health Care

FAQ About Axle

Instantly verify insurance.
Axle was founded in 2022.
Axle is headquartered in United States.
Axle operates in API, B2B, Fintech and Insurtech. Its work centres on insurance verification, API, data and operational cost reduction.
Axle has approximately 19 employees.
Axle has completed 2 funding rounds, raising a total of $4.50M. The latest funding stage is Seed.
Top alternatives and competitors to Axle include Noyo. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Axle and Noyo are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Axle, https://bouncewatch.com/company/axle-1, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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