Axle is an open platform for consumer-permissioned insurance data. In just a few seconds, Axle allows consumers to securely link their policy to companies they trust. With Axle, companies can instantly verify insurance and monitor ongoing coverage, helping them create a frictionless experience for their customers and reduce operational risk through better-informed decisions.
Employees: 1-10
Total raised: $4M
Founders name: Armaan Sikand; Cameron Duncan; Nihar Parikh
Investors 3
| Date | Name | Website |
| 18.07.2022 | Y Combinat... | ycombinato... |
| 04.08.2023 | BLH Ventur... | blhventure... |
| 10.10.2022 | Rebel Fund | rebelfund.... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 13.04.2023 | Seed | $4M | Contrary |
Persons 4
| Date | First Name | Last Name | Title | Location | |||
| - | Sam | Shatzkin | Product En... | linkedin.c... | - | s*[email protected]... | - |
| - | Armaan | Sikand | Co-Founder... | linkedin.c... | - | a****n@axl... | - |
| - | Cameron | Duncan | Co-Founder... | linkedin.c... | - | C*****n@ax... | - |
| - | Nihar | Parikh | Co-Founder... | linkedin.c... | - | n***r@axle... | - |
Mentions in press and media 3
| Date | Title | Description |
| 13.04.2023 | Axle Raises $4M in Seed Funding | Axle, an Atlanta, GA-based provider of an API for insurance data, raised $4M in Seed funding. The round was led by Gradient Ventures with participation from Y Combinator, Soma Capital, Contrary Capital, Rebel Fund, and BLH Ventures. The com... |
| 10.04.2023 | Gradient Ventures backs Axle’s ‘Plaid for insurance’ approach to data verification | The inability to accurately assess risk for insurance purposes is costing the industry a lot of money. Earlier this year, State Farm reported that its property and casualty underwriting business took a $13 billion hit in 2022 due to “rapidl... |
| - | Axle | “Axle” |