Axe - About the company
Axe is a seed company based in London (United Kingdom), founded in 2024 by James Mcelroy and James McElroy. It operates as an AI powered logistics operations automation platform. Axe has raised $1.68M in funding from Pitchdrive. The company has 2312 active competitors, including 290 funded and 116 that have exited. Its top competitors include companies like Dialpad, Kale Logistics Solutions and WiseTech Global.
Company Details
AI powered logistics operations automation platform. It leverages artificial intelligence to streamline logistics processes and automate communication-heavy tasks for businesses. Its load building feature extracts order data from inbox, PDFs, spreadsheets, or plain text emails and syncs it to the TMS. It caters its solution to carriers, forwarders, 3PLs, and brokers.
- Website
- www.joinaxe.ai/
- Registered Address
- 4TH FLOOR,115 GEORGE STREET,EDINBURGH,EH2 4JN
Key Metrics
Founded Year
2024
Location
London, United Kingdom
Stage
Seed
Total Funding
$1.68M in 1 round
Latest Funding Round
Investors
Ranked
201st among 2312 active competitors
Employee Count
19 as on May 31, 2026
Similar Companies
Legal entities associated with Axe
Axe is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
AXE LIMITED CIN: SC210787 , United Kingdom, Active | Sep 06, 2000 | - | - |
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Axe's funding and investors
Axe has raised a total funding of $1.68M over 1 round. Its latest funding round was a Seed round on May 09, 2025 for €*****. 4 investors participated in its latest round. Axe has 3 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Axe:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 09, 2025 | 9502440 | Seed | 8796014 | 8242558 | 3230542 | 4420104 |
View details of Axe's funding rounds and investors
Axe's founders and board of directors
Founder? Claim ProfileThe founders of Axe are James Mcelroy and James McElroy. James Mcelroy and James McElroy are the CEOs of Axe.
Here are the details of Axe's key team members:
- James Mcelroy: Co-Founder & CEO of Axe and founder of 1 other company.
- James McElroy: Co-Founder & CEO of Axe and founder of 1 other company.
View details of Axe's Founder profiles and Board Members
Axe's employee count trend
Axe has 19 employees as of May 26. Here is Axe's employee count trend over the years:
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Axe's Competitors and alternates
Top competitors of Axe include Dialpad, Kale Logistics Solutions and WiseTech Global. Here is the list of Top 10 competitors of Axe, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Dialpad 2011, San Ramon (United States), Series F | Provider of AI-powered contact center and unified communications platform solutions | $476M | 79/100 | |
2nd | Kale Logistics Solutions 2010, Thane (India), Series B | Provider of cloud-based platforms for logistics, ports, and trade facilitation | $40.1M | 75/100 | |
3rd | WiseTech Global 1994, Schaumburg (United States), Public | Provider of a cloud-based logistics software suite | $35M | 74/100 | |
4th | Decagon 2023, San Francisco (United States), Series D | AI-powered customer experience platform | $481M | 72/100 | |
5th | Observe.AI 2017, Redwood City (United States), Series C | Provider of AI-powered conversation intelligence and automation for contact centers | $214M | 71/100 | |
6th | EliseAI 2017, New York City (United States), Series E | Offering conversational AI platforms | $392M | 71/100 | |
7th | ASAPP 2014, New York City (United States), Series C | Provider of an AI-native platform for contact center customer experience | $400M | 69/100 | |
8th | Lorikeet 2023, San Francisco (United States), Series A | AI-powered customer support platform | $49M | 69/100 | |
9th | LivePerson 1995, New York City (United States), Acquired | Provider of conversational AI platform for digital customer and agent experiences | - | 68/100 | |
10th | [24]7.ai 2000, San Jose (United States), Series B | Provider of customer experience solutions, services, and an engagement cloud | $22M | 68/100 | |
201st | Axe 2024, London (United Kingdom), Seed | AI powered logistics operations automation platform | $1.68M | 39/100 |
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Axe's Investments and acquisitions
Axe has made no investments or acquisitions yet.
Reports related to Axe
Here is the latest report on Axe's sector:
News related to Axe
•
•
Irish startup Axe lands €1.5 million to supercharge logistics teams with AI agentsEU-Startups•May 09, 2025•Axe, Pitchdrive, Accel, Enterprise Ireland
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