About Denim
Denim is a company based in New York (United States) founded in 2014 by Shawn Vo and Bharath Krishnamoorthy was acquired by Truckstop.com in August 2025. It operates as a Professional Services, and Commission-Based. Denim has raised $67.92 million across 8 funding rounds from investors including Flexport, Denim and Truckstop.com. Denim offers products and services including Factoring, Payments and Collections, Back-office Operations, and Fuel Card. Denim operates in a competitive market with competitors including Intuit, Visma, Clear, Wave and Xero, among others.
- Headquarter New York, United States
- Founders Shawn Vo, Bharath Krishnamoorthy
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Yab Yum Clothing Co Aps
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$67.92 M (USD)
in 8 rounds
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Latest Funding Round
$26 M (USD), Series B
Sep 15, 2022
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Investors
Flexport
& 19 more
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Employee Count
Employee Count
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Acquired by
Truckstop.com
(Aug 19, 2025)
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Products & Services of Denim
Denim offers a comprehensive portfolio of products and services, including Factoring, Payments and Collections, Back-office Operations, and Fuel Card. 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.
Working capital is provided for freight businesses efficiently.
Cash flow is managed by automating payment tasks.
Administrative tasks are streamlined with smarter operational tools.
Fuel expenses are supported for trucking business operations.
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Funding Insights of Denim
Denim has successfully raised a total of $67.92M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $26 million completed in September 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 8
- Last Round Series B — $26.0M
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First Round
First Round
(01 Jun 2017)
- Investors Count 19
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Debt – Conventional - Denim | Valuation |
investors |
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| Sep, 2022 | Amount | Series B - Denim | Valuation | Pelion Venture Partners | |
| May, 2021 | Amount | Series A - Denim | Valuation | Crosslink Capital |
| 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 Denim
Denim has secured backing from 20 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Flexport, Denim and Truckstop.com. 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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US focused early-stage VC firm
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Founded Year | Domain | Location | |
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Tech and energy focused venture capital firm funding companies in the US and Asia
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Founded Year | Domain | Location | |
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Venture capital firm focused on marketplaces, gaming, web3, fintech, and multiple sectors
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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 Denim
| 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 - Denim
| 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 |
Denim Comparisons
Competitors of Denim
Denim 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 Intuit, Visma, Clear, Wave and Xero, 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 |
Financial and accounting software is developed for businesses and individuals.
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| domain | founded_year | HQ Location |
Cloud-based ERP software is provided for business management across segments.
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| domain | founded_year | HQ Location |
Technology-enabled accounting and finance solutions are offered for SMBs.
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| domain | founded_year | HQ Location |
Web-based accounting software is offered for business use.
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| domain | founded_year | HQ Location |
Cloud-based accounting and payment management is offered for small businesses.
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| domain | founded_year | HQ Location |
Cloud-based invoicing and accounting software is offered for businesses.
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| 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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Latest news on Denim
Frequently Asked Questions about Denim
When was Denim founded?
Denim was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Where is Denim located?
Denim is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Denim?
Bharath Krishnamoorthy is the current CEO of Denim. They have also founded this company.
Is Denim a funded company?
Denim is a funded company, having raised a total of $67.92M across 8 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Jun 01, 2017.
What does Denim do?
Denim is engaged in providing factoring services and back-office solutions for freight brokers and trucking companies. Operations are focused on the transportation and logistics sector, offering financial flexibility through factoring, payments, collections, and fuel card services. Solutions are designed to reduce administrative burdens, automate mundane tasks, and support business growth. Support is extended to various business sizes, including enterprise-level integrations, ensuring scalability and efficiency in freight operations.
What products or services does Denim offer?
Denim offers Factoring, Payments and Collections, Back-office Operations, and Fuel Card.
Who are Denim's investors?
Denim has 20 investors. Key investors include Flexport, Denim, Truckstop.com, Plug and Play Tech Center, and FJ Labs.
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