AxleHire
Latest round
- Series B
Last raised
- Sep 2020
Total raised
- $34M
Investors
- 6
About AxleHire
AxleHire, Inc.Founded in 2015, AxleHire, Inc. operates in Berkeley, US, offering a range of vehicle rental solutions.AxleHire specializes in providing innovative vehicle rental solutions tailored to meet the needs of a diverse clientele. Their core offerings include a fleet of commercial vehicles designed for various sectors, including logistics, construction, and transportation services. These vehicles are equipped with state-of-the-art technology to enhance operational efficiency, reduce downtime, and facilitate seamless logistics management. By focusing on user-friendly interfaces and reliable service delivery, AxleHire aims to address critical challenges such as fleet management, cost efficiency, and environmental sustainability.AxleHire generates revenue through a structured pricing model that encompasses both short-term rentals and long-term leasing agreements with its clients. Their business transactions are predominantly B2B, catering to companies that require reliable transportation solutions for their operations. Clients typically engage in contracts that stipulate rental durations and vehicle types, with pricing tailored based on the specific needs of each customer. For instance, flagship services may include customizable packages that allow businesses to select a mix of vehicle classes according to their operational demands. By the end of 2023, the company aims to launch these new products while enhancing its logistics technology to improve operational efficiency. This strategic growth initiative is designed to meet the increasing demand for flexible vehicle rental solutions in new markets.
Who invested in AxleHire
6 investors across 3 rounds
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Questions about AxleHire
Who invested in AxleHire?
AxleHire has 6 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has AxleHire raised?
AxleHire has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did AxleHire last raise money?
AxleHire's most recent round on record is a Series B, in Sep 2020.
What does AxleHire do?
AxleHire is a logistics & distribution company.
Where is AxleHire headquartered?
AxleHire is headquartered in Berkeley, US.
Which VCs invest in companies like AxleHire?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back logistics & distribution companies at AxleHire's stage. Their profiles are linked below.
VCs backing logistics & distribution startups at Series B
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