Alicia Kortmeyer Is Recognized as an Outstanding Woman in Tech Built In today announced that Alicia Kortmeyer at Axle Payment was selected as a winner of its 2022 Moxie Awards. The annual awards program recognizes women in tech who have made outsized contributions to their workplaces, communities and the industry as a whole. “We are
Axle Unveils New Carrier Payment Solutions Axle, a payments automation and financing platform for freight and logistics, announced Axle Wallet, a new carrier payments solution. With Axle Wallet, freight brokerages and shippers can use their own capital to pay their carriers while still benefiting from Axle’s high-powered payments network. Axle Wallet customers can seamlessly schedule
Axle Welcomes Veteran Executives to Bolster Leadership Team Axle, the all-in-one financial platform for modern freight brokers, has grown its talented executive team, adding Jamie Waldinger as Vice President of Revenue and Heather Beckstead, PHR-CA and SHRM-CP, as Head of People. This comes after a strong 2021 in which the company raised its Series A,
Axle Earns spot on Built In’s Top 100 Remote-First Companies to Work for in 2022 Built In today announced that Axle was honored in its 2022 Best Places To Work Awards. Specifically, Axle earned a place in the Top 100 Remote-First Companies to Work for in 2022. The annual awards program includes companies of all
Axle raises $10M Series A to advance its freight financing services Axle recently announced it raised $10 million Series A financing after a stellar year of growth. The round was led by Crosslink Capital with participation from FJ Labs, Flexport, Tribeca Early Stage Partners and others, including existing investors Anthemis Group, Techstars and Plug and
Axle Payments secures $27.7 million in debt and equity financing Cash flow problems are a perennial challenge in the trucking industry. The reasons are varied, but topping the list is that shippers often wait one to two months after a load has been delivered before issuing payment, wreaking havoc on carriers and intermediaries that can’t
Axle received a $27.7 million boost of debt and equity financing to advance its platform that manages cash flow for freight brokers.