Axle Payments, the factoring solution for the freight industry, has raised $1.4M in Pre-Seed funding from investors that include Trucks Venture Capital, Plug and Play Ventures, 37 Angels, Fontinalis Partners, and Techstars. Founded by Bharath Krishnamoorthy and Shawn Vo in 2016, Axle Payments has now raised a total of $1.5M in reported equity funding.
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