Axle, a New York-based SaaS startup aiming to modernize corporate access on Wall Street, has closed a $1.5 million pre-seed funding.
SaaS Investors
The round was led by Jackson Gates, founder and Managing Partner of Manresa Ventures in San Francisco.
Axle Use of Funds
The company will use the funds to advance the platform and improve access within the capital markets. Axle aims to transform the traditionally opaque and manual process of corporate access into an efficient and user-friendly experience.
About Axle
Axle provides a modern corporate access platform. The platform combines CRM with tools for communication, marketing, scheduling, and reporting, streamlining the management of various corporate access events, including non-deal roadshows, conferences, and post-earnings callbacks. Axle serves a wide array of capital market participants, including public companies, investment firms, banks, and investor relations advisors.
Funding Details
Company: Axle Tech, Inc.
Raised: $1.5M
Round: Pre-Seed Round
Funding Month: January 2024
Lead Investors: Jackson Gates
Additional Investors:
Company Website: https://www.axleaccess.com/
Software Category: Modern Corporate Access Platform
Source: https://www.businesswire.com/news/home/20240111727836/en/