About AxleRate
AxleRate is a company based in Singapore (Singapore) founded in 2011. AxleRate has raised $710 thousand across 2 funding rounds from investors including Eight Mercatus and National Research Foundation. The company has 15 employees as of March 31, 2024. AxleRate offers products and services including AxleTags, AxleCards, AxleDrive, AxlePay, and AxleFinance. AxleRate operates in a competitive market with competitors including Samsara, Spireon, Platform Science, Wright Express and Radius, among others.
- Headquarter Singapore, Singapore
- Employees 15 as on 31 Mar, 2024
-
Sectors
Transportation, Automotive & Logistics
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Axlerate Futuretech Private Limited
- Date of Incorporation 24 Jun, 2022
- Jurisdiction Chennai, Tamil Nadu, India
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$710 K (USD)
in 2 rounds
-
Latest Funding Round
$710 K (USD), Angel Round
Oct 21, 2015
-
Investors
Eight Mercatus
& 1 more
-
Employee Count
15
as on Mar 31, 2024
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
Products & Services of AxleRate
AxleRate offers a comprehensive portfolio of products and services, including AxleTags, AxleCards, AxleDrive, AxlePay, and AxleFinance.
FASTags for commercial vehicles with tracking and cashback features.
Prepaid and fuel cards for fleet expense control and real-time tracking.
GPS devices and software for vehicle tracking and analytics.
Unified system for logistics payments via QR codes and links.
Escrow and loan services for secure commercial transactions.
Online platform for truck and load listings with tracking options.
Platform to buy and sell vehicle spare parts with payment tracking.
Funding Insights of AxleRate
AxleRate has successfully raised a total of $710K across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $710 thousand completed in October 2015. 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.
Investors in AxleRate
AxleRate has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Eight Mercatus and National Research Foundation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Innovation advisory and incubation services are provided to startup businesses.
|
Locked | Locked | Locked | |
|
Research and Development Department for the Singapore Government
|
Locked | Locked | Locked |
Investor details for AxleRate
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by AxleRate
Investment portfolio details for AxleRate
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - AxleRate
Detailed financials for AxleRate
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Axlerate Comparisons
Peer comparison for AxleRate
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of AxleRate
AxleRate 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 Samsara, Spireon, Platform Science, Wright Express and Radius, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
|
|
| Locked | Locked | Locked |
SaaS-enabled solutions for fleet and field service management are offered.
|
|
| Locked | Locked | Locked |
Provider of integrated solutions for fleet management
|
|
| Locked | Locked | Locked |
Employee benefit administration and payment solutions are provided for enterprises.
|
|
| Locked | Locked | Locked |
Predictive marketing and sales platform
|
|
| Locked | Locked | Locked |
Cloud-based fleet management solutions are provided for transportation operations.
|
Detailed competitors of AxleRate
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Axlerate
Complete news archive for AxleRate
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about AxleRate
AxleRate was founded in 2011 and raised its 1st funding round 1 year after it was founded.
AxleRate is headquartered in Singapore, Singapore.
AxleRate is a funded company, having raised a total of $710K across 2 funding rounds to date.
As of Mar 31, 2024, the latest employee count at AxleRate is 15.
AxleRate was founded in 2011 in Singapore and operates within the transport sector. A cloud-based application is provided, featuring fare calculation, GPS tracking, communication, navigation, fleet management, and customer engagement tools. Security features are included, with delivery occurring via permanently installed in-vehicle display devices. Operations focus on integrated solutions for industry efficiency.
AxleRate's top competitors include Samsara, Wright Express and Radius.
AxleRate offers AxleTags, AxleCards, AxleDrive, AxlePay, and 3 more products and services.
AxleRate has 2 investors. Key investors include Eight Mercatus, and National Research Foundation.