Denim - About the company
Denim is an acquired company based in New York City (United States), founded in 2014 by Bharath Krishnamoorthy and Shawn Vo. It operates as a Provider of financial technology solutions for freight businesses. Denim has raised $67.9M in funding from investors like Techstars, Anthemis Group and Crosslink Capital. The company has 2779 active competitors, including 198 funded and 165 that have exited. Its top competitors include companies like Intuit, Vyapar and Pennylane.
Company Details
Provider of financial technology solutions for freight businesses. It offers factoring services to improve cash flow, automate payments and collections, and streamline back-office operations. The platform provides tools to manage working capital, reduce manual tasks, and enhance efficiency for freight brokers and trucking companies. These solutions aim to simplify administrative processes, allowing businesses to focus on growth and development.
- Website
- www.denim.com/
- Email ID
- *****@denim.com
- Phone Number
- +1 **********
- Registered Address
- Birkemosevej 16, Nr Bjert, DK-6000 KOLDING
Key Metrics
Founded Year
2014
Location
New York City, United States
Stage
Acquired
Total Funding
$67.9M in 8 rounds
Latest Funding Round
Ranked
10th among 2779 active competitors
Employee Count
227 as on May 31, 2026
Exit Details
Acquired by Truckstop.com (Aug 19, 2025)
Legal entities associated with Denim
Denim is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
YAB YUM CLOTHING CO APS CIN: 927054418 , Norway, Active | Dec 29, 1982 | - | - |
Denim's acquisition details
Denim got acquired by Truckstop.com on Aug 19, 2025.
Click here to take a look at Denim's acquisition in detail
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Denim's funding and investors
Denim has raised a total funding of $67.9M over 8 rounds. Its first funding round was on 2017. Denim has 14 institutional investors and 6 angel investors.
Here is the list of recent funding rounds of Denim:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 15, 2022 | 1702786 | Conventional Debt | 3762822 | 4162269 | 8047266 | 2521651 |
Sep 15, 2022 | 9152993 | Series B | 5860034 | 6465411 | 2811746 | |
May 26, 2021 | 8550447 | Series A | 1603458 | 8068634 |
View details of Denim's funding rounds and investors
Denim's founders and board of directors
Founder? Claim ProfileThe founders of Denim are Bharath Krishnamoorthy and Shawn Vo. Bharath Krishnamoorthy is the CEO of Denim.
Here are the details of Denim's key team members:
- Bharath Krishnamoorthy: Co-Founder & CEO of Denim and founder of 2 other companies, Axle Payments and BusBot.
- Shawn Vo: Co-Founder of Denim and founder of 1 other company. Contact Info: 3 email addresses
View details of Denim's Founder profiles and Board Members
Denim's employee count trend
Denim has 227 employees as of May 26. Here is Denim's employee count trend over the years:
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Denim's Competitors and alternates
Top competitors of Denim include Intuit, Vyapar and Pennylane. Here is the list of Top 10 competitors of Denim, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Intuit 1983, Mountain View (United States), Public | Provider of financial, accounting, tax preparation, and marketing automation software | - | 83/100 | |
2nd | Provider of GST billing, inventory, and accounting software for small businesses | $35.9M | 80/100 | ||
3rd | App & cloud-based accounting and financial management solutions for businesses | $442M | 77/100 | ||
4th | Online accounting and invoicing solutions for SMBs | $40.9M | 77/100 | ||
5th | FreeAgent 2007, Edinburgh (United Kingdom), Acquired | Cloud-based accounting software for small businesses, freelancers, and accountants | $21.9M | 76/100 | |
6th | Xero 2006, Wellington (New Zealand), Public | Provider of accounting software and related tools for business management | - | 75/100 | |
7th | Web-based accounting software for businesses | $82.4M | 74/100 | ||
8th | Sage 1981, Newcastle Upon Tyne (United Kingdom), Public | Provider of cloud-based enterprise software solutions for accounting, finance, and people management | - | 72/100 | |
9th | Digits 1995, San Francisco (United States), Acquired | SMS based customer authentication and verification service | $97.5M | 69/100 | |
10th | Denim 2014, New York City (United States), Acquired | Provider of financial technology solutions for freight businesses | $67.9M | 68/100 |
Looking for more details on Denim's competitors? Click here to see the top ones
Denim's Investments and acquisitions
Denim has made no investments or acquisitions yet.
Reports related to Denim
Here is the latest report on Denim's sector:
News related to Denim
Media has covered Denim for 1 event in last 1 year.
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Truckstop.com acquires Denim for AI-driven invoice solutionsFreightWaves•Aug 19, 2025•Denim, Truckstop.com
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Tai Software and Denim Unite to Streamline Operations and Accelerate Payments for Freight BrokersGlobeNewswire•Sep 16, 2024•Tai Software, Denim
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Denim and ZUUM streamline supply chain operations with new integrationAmerican Journal of Transportation•May 30, 2023•Denim, Zuum
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Turvo and Denim Partner to Automate and Simplify Freight Payments and Financing for BrokersFleet News Daily•May 12, 2023•Turvo, Denimsolutionsltd, Denim
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Axle Payments Rebrands to Denim, Raises $126 Million to Scale Financial Automation and Payments Platform for Freight IndustryFleet News Daily•Sep 20, 2022•Denim, Pelion Venture Partners, Crosslink Capital, Trucks Venture Capital and 2 others
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Denim, a fintech platform for freight brokers, raises $126M in equity and debtTechCrunch+•Sep 16, 2022•Denim, Axle Payments, Pelion Venture Partners, Crosslink Capital and 5 others
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Axle Payments rebrands, closes Series B for financial enablementFintech•Sep 16, 2022•Denim, Pelion Venture Partners, Crosslink Capital, Anthemis Group and 5 others
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