Denim is a freight payment system for the logistics industry that offers an ecosystem of intelligent financial products, operations tools, and time-saving automation. Its proprietary technology enables freight brokers to simplify their financing operations and easily access the working capital they need to grow in the competitive, $2 trillion logistics market. Denim automates invoicing, collections, and payments — ultimately reducing daily payments and collections tasks by 75%. A remote-first company, Denim has been named a Best Place To Work by Built In and Best Workplace for Innovators by Fast Company
Location: United States, New York
Employees: 51-200
Total raised: $126M
Founded date: 2019
Investors 5
| Date | Name | Website |
| - | Right Side... | rightsidec... |
| - | Techstars | techstars.... |
| - | REFASHIOND... | refashiond... |
| - | Crosslink ... | crosslinkc... |
| - | Pelion Ven... | pelionvp.c... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 21.09.2022 | Series B | $126M | Trucks Ven... |
Mentions in press and media 6
| Date | Title | Description | Source |
| 22.02.2024 | MyCarrierPortal and Denim Forge Innovative Partnership for S... | MyCarrierPortal, the leading carrier identity platform, and Denim, a freight factoring partner, anno... | einpresswi... |
| 20.09.2022 | Fintech platform for freight and logistics, Denim, closes $1... | Denim (previously Axle Payments), a financial enablement platform for the freight and logistics indu... | fintechfut... |
| 15.09.2022 | Denim, a fintech platform for freight brokers, raises $126M ... | Denim, the fintech platform for freight and logistics formerly known as Axle Payments, today announc... | techcrunch... |
| 15.09.2022 | Denim Raises $126M in Funding | Denim (aka Axle Payments), a NYC-based financial enablement platform for the freight and logistics i... | finsmes.co... |
| - | Financial Enablement Platform Denim Closes $126 Million | Denim (previously known as Axle Payments) recently announced it raised $126 million. These are the d... | pulse2.com... |
| - | Denim | “Denim is an all-in-one financial enablement platform for the logistics industry. We work with broke... | fastfounde... |