Denim

About

Denim is a financial platform that offers intelligent financial products, operations tools, and time-saving automation.

New York,New York,United States
51 - 100
https://www.denim.com

Highlights

Details

Last Funding Type: Series A
Last Funding Money Raised: $10M
Industries: Finance,FinTech,Information Services,Information Technology
Founded date: Jan 1, 2019
Number Of Employee: 51 - 100
Operating Status: Active
Legal Name: Denim
Also Known As: BusBot,Axle,Axle Payments

Denim is a financial platform that offers 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.

The company was founded in New York, United States.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

10

$165.22M

Denim has raised a total of $165.22M in funding over 2 rounds. Their latest funding was raised on Sep 15, 2022 from a Series B round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Sep 15, 2022	Series B	$26M	7	Pelion Venture Partners	—	Detail
Sep 15, 2022	Debt Financing	$100M	—	—	—	Detail
May 26, 2021	Series A	$10M	14	Crosslink Capital	—	Detail
May 10, 2021	Secondary Market	—	1	FJ Labs	—	Detail
Aug 11, 2020	Seed	$2.70M	2	Anthemis Group	—	Detail

Investors

Number of Lead Investors

Number of Investors

5

21

Denim is funded by 21 investors. Pelion Venture Partners and Anthemis Group are the most recent investors.

Investor Name	Lead Investor	Funding Round
Pelion Venture Partners	Yes	Series B
Anthemis Group	—	Series B
Crosslink Capital	—	Series B
FJ Labs	—	Series B
REFASHIOND Ventures	—	Series B
Tribeca Early Stage Partners	—	Series B
Trucks Venture Capital	—	Series B
Flexport	—	Series A
Daniel Warner	—	Series A
Darshan Somashekar	—	Series A