AxleHire
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | 4.3m | 9.2m | 9.6m | 19.6m | 26.7m |
% growth | - | 113 % | 4 % | 105 % | 36 % |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | - | ||
$120k | Convertible | ||
$4.3m | Early VC | ||
$11.0m | Series A | ||
$20.0m | Series B | ||
$20.0m | Series B | ||
* | N/A | $7.8m Valuation: $100m | Late VC |
Total Funding | $63.2m |
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EditAxleHire operates in the logistics and transportation sector, specializing in last mile delivery services. The company provides a comprehensive range of delivery solutions including same day, next day, and freight delivery. AxleHire serves a diverse client base that includes meal kit providers, alcohol distributors, grocery stores, retail businesses, prescription services, and commercial enterprises. The company operates primarily in urban areas, focusing on delivering goods quickly and efficiently to end customers.
AxleHire's business model revolves around engaging a network of drivers to fulfill delivery needs, offering flexible delivery windows and meticulous tracking for both recipients and shippers. The company generates revenue by charging clients for delivery services, which are tailored to meet specific logistical requirements. AxleHire emphasizes customer experience, providing live support and seamless integration through APIs to streamline delivery processes.
Keywords: last mile delivery, same day shipping, next day shipping, freight delivery, urban logistics, driver network, customer experience, API integration, meticulous tracking, flexible delivery windows.