$200k
OTE
$100k
BASE
+ Uncapped commission + Equity grant opportunities
Freight payments system
Open for applications
Freight payments system
101-200 employees
Open for applications
$200k
OTE
$100k
BASE
+ Uncapped commission + Equity grant opportunities
101-200 employees
To help brokers simplify their back office operations and give them more time to run their business.
Desirable
Cash flow problems plague the trucking industry. It's a complicated issue but it would not be unreasonable to attribute a large portion of the blame to the analogue, paper-based systems involved in the industry currently patched over with a high-fee ‘factoring’ service in desperate need of modernisation.
That's where Denim (formerly known as Axle) comes in. Denim's proprietary software-based service provides freight brokers and forwarders with affordable working capital and back-office automation, as well as giving them its own “QuickPay” service to offer to its trucking company vendors.
Denim is focused on executing its growth plan. That means expanding operations, developing new services and strengthening the company’s payment and financing platform.
The 2022 rebrand to 'Denim' represents its goal to build a stronger supply chain, through reliable, flexible and easy-to-use tools. Having raised a substantial amount in funding, the company is well positioned to solidify its position as a leading payments ecosystem for the freight industry.
Steph
Company Specialist at Welcome to the Jungle
16% employee growth in 12 months
Sep 2022
$26m
SERIES B
May 2021
$10m
SERIES A
Tribeca, New York, NY
A lawyer by training, previously worked as an Associate at Gibson, Dunn & Crutcher.
Shawn Vo
(CTO)Prior to Axle, they worked as a Financial Technology Consultant for Nfinity. Before that, they held another role in fintech as a full-stack developer for Fintria. Also spent time in the Barclays bank Credit Risk team.
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