About AxleHire
AxleHire is a company based in San Francisco (United States) founded in 2015.. AxleHire has raised $44.6 million across 7 funding rounds from investors including Crowdsmart, Berkeley SkyDeck and Quiet Logistics. The company has 21 employees as of December 31, 2022. AxleHire has completed 1 acquisition, including Burwood Cloud. AxleHire operates in a competitive market with competitors including Veho, PICKUP, GoShare, Frayt Technologies and TUYA, among others.
- Headquarter San Francisco, United States
- Employees 21 as on 31 Dec, 2022
-
Sectors
Transportation, Automotive & Logistics
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Axlehire, Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$44.6 M (USD)
in 7 rounds
-
Latest Funding Round
$7.8 M (USD), Series B
Oct 19, 2022
-
Investors
Crowdsmart
& 7 more
-
Employee Count
21
as on Dec 31, 2022
- Investments & Acquisitions
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Funding Insights of AxleHire
AxleHire has successfully raised a total of $44.6M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $7.8 million completed in October 2022. 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 7
- Last Round Series B — $7.8M
- First Round First Round
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2022 | Amount | Series B - AxleHire | Valuation |
investors |
|
| Nov, 2021 | Amount | Series B - AxleHire | Valuation |
investors |
|
| Apr, 2021 | Amount | Series B - AxleHire | Valuation | Ajax Strategies |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in AxleHire
AxleHire has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Crowdsmart, Berkeley SkyDeck and Quiet Logistics. 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 |
|---|---|---|---|---|
|
Early-stage investments are made by Eclipse across multiple sectors.
|
Founded Year | Domain | Location | |
|
Seed and early-stage micro investments are targeted in the US.
|
Founded Year | Domain | Location | |
|
Early-stage investments are made in technology-driven companies by Acorn Pacific Ventures.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by AxleHire
AxleHire has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Burwood Cloud. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Same-day delivery management solutions are offered for e-commerce platforms.
|
2018 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - AxleHire
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Axlehire Comparisons
Competitors of AxleHire
AxleHire operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Veho, PICKUP, GoShare, Frayt Technologies and TUYA, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-enabled last-mile delivery services are provided to e-commerce companies.
|
|
| domain | founded_year | HQ Location |
On-demand same-day delivery services are enabled via a crowdsourced platform.
|
|
| domain | founded_year | HQ Location |
On-demand delivery and moving services are facilitated through vetted professionals.
|
|
| domain | founded_year | HQ Location |
Offers a platform providing on-demand last-mile delivery services
|
|
| domain | founded_year | HQ Location |
App-based platform for crowsourced same-day delivery services
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Axlehire
Frequently Asked Questions about AxleHire
When was AxleHire founded?
AxleHire was founded in 2015.
Where is AxleHire located?
AxleHire is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is AxleHire a funded company?
AxleHire is a funded company, having raised a total of $44.6M across 7 funding rounds to date. The company's 1st funding round was a Series B of $20M, raised on Jun 01, 2015.
How many employees does AxleHire have?
As of Dec 31, 2022, the latest employee count at AxleHire is 21.
What does AxleHire do?
Last mile delivery service for businesses. It provides same-day delivery services for e-commerce and brick-and-mortar retailers. The company employs full-time drivers who undergo training. It claims to use a proprietary dynamic routing algorithm to ensure on-time pickups and deliveries. It also provides a dashboard for clients to view the location, status, and details of each package. Customers can place orders through the API or web and mobile platforms.
Who are the top competitors of AxleHire?
How many acquisitions has AxleHire made?
AxleHire has made 1 acquisition, including Burwood Cloud.
Who are AxleHire's investors?
AxleHire has 8 investors. Key investors include Crowdsmart, Berkeley SkyDeck, Quiet Logistics, Ajax Strategies, and Eclipse.