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Axle
Insurance data platform
- 1-20 employees
- B2B
- Insurance
- Analytics
- SaaS
- API
- North Buckhead, Atlanta, GA
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Company mission
To make it easy for consumers to securely share their insurance data to companies they trust in seconds.
Our take
Annually, over $13B is spent on uninsured loss, whilst mortgages and auto loans are wildly expensive for the majority of borrowers. This is in part due to the fact that fleet managers, lenders, and gig services do not have access to insurance data - a problem that Axle aims to fix.
Axle, the universal API for insurance, offers instant access to insurance data for its clients. No longer needing to rely on legacy systems, paper and unnecessary phone calls to verify personal insurance information, Axle’s clients can make business decisions in a matter for minutes, rather than hours.
Founded from first-hand experience of the problem at hand, Axle is well-positioned to tackle the real issues operators are facing. The company was selected as one of Y Combinator’s Summer 2022 start-ups, and has since received good funding that will be used to grow its team, as well as support expansion into new markets as it strengthens its carrier network.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Equity packages
- Flexible, hybrid work environment (option for remote as well)
- Full medical, dental, and vision benefits
- Unlimited vacation
- Mentorship opportunities for junior engineers
Funding (last 2 of 3 rounds)
Apr 2023
$4m
SEED
Nov 2022
$4.1m
SEED
Total funding: $8.6m
This company has top investors
Leadership
Cameron Duncan
(CEO)Previously served as Head of Product for Clutch, which was acquired by Cox Automotive. Experience in Strategy and Innovation for Deloitte and as an Associate for BLH Venture Partners.
Nihar Parikh
(CTO)Previously acted as Product Lead for WayScript, Senior Associate of Corporate Strategy for KPMG and as a co-founder and Analyst for CRG Professional Services.