About Axe
Axe is a company based in Dublin (Ireland) founded in 2023 by James Mcelroy. It operates as a AI-as-a-Service. Axe has raised $1.69 million across 1 funding round from investors including Enterprise Ireland, Pitchdrive and Superscout. Axe offers products and services including AI Logistics Agent.
- Headquarter Dublin, Ireland
- Founders James Mcelroy
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.69 M (USD)
in 1 rounds
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Latest Funding Round
$1.69 M (USD), Seed
May 10, 2025
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Investors
Enterprise Ireland
& 3 more
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Employee Count
Employee Count
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Products & Services of Axe
Axe offers a comprehensive portfolio of products and services, including AI Logistics Agent. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI-driven logistics solutions are provided for efficient operations.
Funding Insights of Axe
Axe has successfully raised a total of $1.69M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.69 million completed in May 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $1.7M
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First Round
First Round
(10 May 2025)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2025 | Amount | Seed - Axe | Valuation | Pitchdrive |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Axe
Axe has secured backing from 4 investors, including institutional and angel investors. Prominent investors backing the company include Enterprise Ireland, Pitchdrive and Superscout. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage venture capital firm backing founders in B2B Tech, marketplaces, and e-commerce startups.
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Founded Year | Domain | Location | |
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A platform connecting startup scouts with venture capital opportunities.
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Founded Year | Domain | Location | |
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Support is provided to Irish manufacturing and service sector businesses.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Axe
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Axe
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Axe Comparisons
Competitors of Axe
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Axe
When was Axe founded?
Axe was founded in 2023 and raised its 1st funding round 2 years after it was founded.
Where is Axe located?
Axe is headquartered in Dublin, Ireland.
Is Axe a funded company?
Axe is a funded company, having raised a total of $1.69M across 1 funding round to date. The company's 1st funding round was a Seed of $1.69M, raised on May 10, 2025.
What does Axe do?
Axe is established as a provider of AI-driven logistics solutions. Operations are enhanced through intelligent automation and data-driven insights. Focus is placed on optimizing supply chain processes across various industries. Innovative technology is utilized to improve efficiency and reduce costs. Services are tailored to meet modern logistical challenges effectively.
What products or services does Axe offer?
Axe offers AI Logistics Agent.
Who are Axe's investors?
Axe has 4 investors. Key investors include Enterprise Ireland, Pitchdrive, Superscout, and Colm Long.