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Axle

Axle

Private
Atlanta, GeorgiaFinTechhttps://www.axle.insure/

Last Round

Series A

Aug 11, 2026

Total Funding Raised

$22.5M

Momentum

Top 5%

of companies Caplight tracks

Company Overview

Axle is an insurtech company that provides a universal API for insurance data, enabling businesses to instantly verify insurance and monitor ongoing coverage.

Sector

FinTech

Verticals

InsurTech, Compliance & Risk, Fleet Management, Digital Identity

Business Model

B2B

Customer Profile

Usage-Based SaaS, Subscription SaaS

AI Layer

Application

Keywords

insurance verificationplaid for insuranceAPI platforminsurtechdocument AIfraud preventionusage-based billingautomotive insurancepolicy monitoringcustomer onboardingfleet managementdata connectivityB2B SaaS

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Axle Comparables

Compare Axle with similar companies based on industry and business-model similarity.

Axle comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
InsureVerifyAI
81%
Tint
63%
Canopy Connect
61%

Axle Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series AAug 11, 2026
SeedApr 10, 2023
AcceleratorSep 8, 2022
AcceleratorJul 18, 2022

Key People

Founding team and executive leadership

Nihar Parikh

Co-Founder, CTO

Founding Team

Cameron Duncan

Co-Founder CEO

Founding Team

Axle Investors

Notable investors and investment history

Axle investors
InvestorRounds
Stage 2 CapitalSeries A
Gradient VenturesSeries A, Seed
Contrary CapitalSeed
BLH Venture PartnersSeed
Y CombinatorSeries A, Accelerator, Seed
Soma CapitalSeed
Base10 PartnersSeries A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Aug 11, 2026

    $18M round led by Base10 Partners.

  • Feb 3, 2026

    Integrating real-time automotive insurance verification into Experian's Fraud Protect platform.

Axle Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Axle Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Axle's valuation, stock price, and market status.

Firmographic Details

HeadquartersAtlanta, Georgia
Employee Range36
Year Founded2022
Last FundingAug 11, 2026

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