AxleHire - About the company
AxleHire is a series B company based in San Francisco (United States), founded in 2015 by Peter Wysinski and Daniel Sokolovsky. It operates as a Last mile delivery service for businesses. AxleHire has raised $44.6M in funding from investors like Acorn Pacific Ventures, Ajax Strategies and Eclipse. The company has 53 active competitors, including 11 funded and 3 that have exited. Its top competitors include companies like Veho, Workhorse Group and deliver better.
Company Details
Last mile delivery service for businesses. It provides same-day delivery services for e-commerce and brick-and-mortar retailers. The company employs full-time drivers who undergo training. It claims to use a proprietary dynamic routing algorithm to ensure on-time pickups and deliveries. It also provides a dashboard for clients to view the location, status, and details of each package. Customers can place orders through the API or web and mobile platforms.
- Website
- axlehire.com
- Registered Address
- Berkeley, California
Key Metrics
Founded Year
2015
Location
San Francisco, United States
Stage
Series B
Total Funding
$44.6M in 7 rounds
Latest Funding Round
Investors
Ranked
7th among 53 active competitors
Employee Count
385 as on Mar 31, 2026
Investment & Acquisitions
Legal entities associated with AxleHire
AxleHire is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
AXLEHIRE, INC. CIN: 473916624 , United States, Active | Mar 25, 2015 | - | 138 (As on Dec 31, 2024) | - |
Sign up to download AxleHire's company profile
AxleHire's funding and investors
AxleHire has raised a total funding of $44.6M over 7 rounds. Its first funding round was on Jun 01, 2015. AxleHire has 11 institutional investors.
Here is the list of recent funding rounds of AxleHire:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 19, 2022 | 9985828 | Series B | 5794158 | 4811424 | 6061913 | 8883882 |
Nov 23, 2021 | 5565482 | Series B | 9519915 | 1283458 | 9382305 | 4625043 |
Apr 07, 2021 | 3236684 | Series B | 7777038 | 6720121 |
View details of AxleHire's funding rounds and investors
AxleHire's founders and board of directors
Founder? Claim ProfileThe founders of AxleHire are Peter Wysinski and Daniel Sokolovsky.
Here are the details of AxleHire's key team members:
- Peter Wysinski: Co-Founder of AxleHire and founder of 2 other companies, Jitsu and kSense. Contact Info: 2 email addresses
- Daniel Sokolovsky: Co-Founder & CEO of AxleHire.
View details of AxleHire's Founder profiles and Board Members
AxleHire's employee count trend
AxleHire has 385 employees as of Mar 26. Here is AxleHire's employee count trend over the years:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
AxleHire's Competitors and alternates
Top competitors of AxleHire include Veho, Workhorse Group and deliver better. Here is the list of Top 10 competitors of AxleHire, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Veho 2016, Boulder (United States), Series B | AI-enable last-mile delivery services for e-commerce companies | $300M | 72/100 | |
2nd | Workhorse Group 2007, Cincinnati (United States), Public | Manufacturer of electric vehicles and related components for transportation solutions | $35.8M | 64/100 | |
3rd | deliver better 2016, Ottawa (Canada), Series A | Platform offering last-mile delivery services through electric vehicle fleet | $23.5M | 62/100 | |
4th | Standard Fleet 2021, Walnut (United States), Series A | SaaS-driven provider of EV fleet management solutions | $20M | 61/100 | |
5th | PICKUP 2014, Addison (United States), Series B | Provider of a platform for on-demand same-day delivery services | $30M | 53/100 | |
6th | Frayt Technologies 2017, Cincinnati (United States), Series A | Offers a platform providing on-demand last-mile delivery services | $10M | 51/100 | |
7th | AxleHire 2015, San Francisco (United States), Series B | Last mile delivery service for businesses | $44.6M | 46/100 | |
8th | Stor Ai 2014, Brooklyn (United States), Acquired | Unified digital commerce platform empowering retailers with personalized shopping experiences | $21M | 44/100 | |
9th | My Home Delivery 2020, Englewood Cliffs (United States), Unfunded | Offers an app providing on-demand trucking services | - | - | 43/100 |
10th | Pandion 2013, Bellevue (United States), Deadpooled | A parcel delivery network designed for e-commerce fulifllment | $76.4M | 38/100 |
Looking for more details on AxleHire's competitors? Click here to see the top ones
AxleHire's Investments and acquisitions
AxleHire has acquired Covet. AxleHire has not made any investments as of now.Reports related to AxleHire
Here is the latest report on AxleHire's sector:
News related to AxleHire
•
•
AxleHire and ProShip partner allowing brands to implement a multi-carrier strategyAmerican Journal of Transportation•Jul 19, 2023•AxleHire, ProShip
•
Urban Umbrella Takes 22K-SF East Williamsburg WarehouseCommercial Observer•Jun 23, 2023•Urban Umbrella, AxleHire
•
With new expansion into Virginia AxleHire increases Northeast last-mile delivery coverageAmerican Journal of Transportation•Apr 18, 2023•AxleHire
•
•
AxleHire Kicks off 2023 With New Customer Wins, Metro Area Expansions and Staff GrowthGlobeNewswire•Jan 18, 2023•AxleHire
•
AxleHire Collaborates with Location Technology what3wordsHospitalitytech•Dec 13, 2022•What3words, AxleHire
•
AxleHire Announces New Capacity and Growth in 17 of 25 Major MetrosGlobeNewswire•Jul 27, 2022•AxleHire
•
AxleHire continues East Coast expansion, adds Atlanta to delivery networkFreightWaves•Jun 17, 2022•AxleHire
•
Last-mile delivery service AxleHire announces East Coast expansionFreightWaves•Apr 28, 2022•AxleHire
Are you a Founder ?
FAQs about AxleHire
Explore our recently published companies
- The Media Land - Bengaluru based, Unfunded company
- Junction - Norwood based, 1977 founded, Unfunded company
- Synolus - Lahr based, 2015 founded, Unfunded company
- SYNECOTEC - Absam based, 2000 founded, Unfunded company
- Make Holidays Easy - Gurugram based, 1997 founded, Unfunded company
- Henry Schein Krugg - Italy based, Unfunded company
_1570620217049.png?format=webp&height=120&width=120)