axitech - About the company
axitech is a series A company based in London (United Kingdom), founded in 2004 by Matthew Hodges. It operates as a Provider of a cloud-based accident detection system and recovery system. axitech has raised an undisclosed amount in funding from Balderton Capital. The company has 108 active competitors, including 22 funded and 20 that have exited. Its top competitors include companies like Marshmallow, Cuvva and Flock.
Company Details
Provider of a cloud-based accident detection system and recovery system. It offers a solution that detects a collision and connects users with first responders and emergency services. It records the accident data for insurance claims.
- Website
- axitech.co
- Social
- Email ID
- *****@axitech.co
- Phone Number
- +44 **********
- Registered Address
- 1 Park Row, Leeds, LS1 5AB
Key Metrics
Founded Year
2004
Location
London, United Kingdom
Stage
Series A
Latest Funding Round
Investors
Ranked
39th among 108 active competitors
Employee Count
17 as on Apr 30, 2026
Legal entities associated with axitech
axitech is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Axitech Group Ltd CIN: 5171643 , Germany, Active | Jul 05, 2004 | - | 6 (As on Jan 31, 2021) |
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axitech's funding and investors
axitech has raised funding over 1 round. Its latest funding round was a Series A round on 2010 for $*****. 1 investor participated in its latest round. axitech has 4 institutional investors and 9 angel investors.
Here is the list of recent funding rounds of axitech:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
2010 | 6616 | Series A | 7365 | 6196 | 3984 | 7039 |
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axitech's founders and board of directors
Founder? Claim ProfileThe founders of axitech is Matthew Hodges.
Here are the details of axitech's key team members:
- Matthew Hodges: Founder & CEO of axitech.
View details of axitech's Founder profiles and Board Members
axitech's employee count trend
axitech has 17 employees as of Apr 26. Here is axitech's employee count trend over the years:
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axitech's Competitors and alternates
Top competitors of axitech include Marshmallow, Cuvva and Flock. Here is the list of Top 10 competitors of axitech, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Marshmallow 2017, London (United Kingdom), Series C | Provider of motor vehicle insurance policies for car and van | $161M | 77/100 | |
2nd |  Cuvva 2014, London (United Kingdom), Series A | Online usage-based car insurance solutions | $27.2M | 75/100 | |
3rd | Flock 2015, London (United Kingdom), Acquired | Provider of an on-demand insurance platform for commercial drone and motor fleets | $60M | 68/100 | |
4th |  Superscript 2015, London (United Kingdom), Series B | Online insurance platform for small businesses and freelancers | $79.8M | 67/100 | |
5th |  Zego 2016, London (United Kingdom), Series C | Provider of flexible insurance policies for drivers and delivery workers | $310M | 65/100 | |
6th | Octo Telematics 2002, Rome (Italy), Acquired | Provider of telematics and data analytics solutions for the insurance and connected mobility sectors | - | 62/100 | |
7th | Webfleet 1991, Amsterdam (Netherlands), Unfunded | Provider of cloud-based fleet management software | - | - | 62/100 |
8th |  Ticker 2004, Godalming (United Kingdom), Series B | Provider of connected motor insurance for various driver profiles | $22.9M | 57/100 | |
9th |  By Miles 2016, Bromley (United Kingdom), Acquired | Provider of motor insurance policies priced by actual distance driven | $27M | 57/100 | |
10th | Esure 2000, Reigate (United Kingdom), Acquired | Insurance provider for car, travel | - | 57/100 | |
39th | axitech 2004, London (United Kingdom), Series A | Provider of a cloud-based accident detection system and recovery system | - | 31/100 |
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axitech's Investments and acquisitions
axitech has made no investments or acquisitions yet.
News related to axitech
•
Tantalum, InterResolve and RapidSOS Partner to Deliver Unrivalled Post-Accident ExperienceBusiness Wire•Jan 08, 2018•Tantalum, RapidSOS, axitech
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