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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.
Social
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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
Investors
Ranked
Employee Count
227 as on May 31, 2026
Similar Companies
Exit Details
Acquired by Truckstop.com (Aug 19, 2025)

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:lockFilter this list
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
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Denim's founders and board of directors

Founder? Claim Profile
The 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:

Denim's employee count trend

Denim has 227 employees as of May 26. Here is Denim's employee count trend over the years:
Employee count trend for Denim
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Intuit
Intuit
1983, Mountain View (United States), Public
Provider of financial, accounting, tax preparation, and marketing automation software
-
83/100
2nd
Logo for Vyapar
Vyapar
2017, Bengaluru (India), Series B
Provider of GST billing, inventory, and accounting software for small businesses
$35.9M
80/100
3rd
Logo for Pennylane
Pennylane
2020, Cherbourg en Cotentin (France), Series E
App & cloud-based accounting and financial management solutions for businesses
$442M
77/100
4th
Logo for ContaAzul
ContaAzul
2012, Joinville (Brazil), Acquired
Online accounting and invoicing solutions for SMBs
$40.9M
77/100
5th
Logo for FreeAgent
FreeAgent
2007, Edinburgh (United Kingdom), Acquired
Cloud-based accounting software for small businesses, freelancers, and accountants
$21.9M
76/100
6th
Logo for Xero
Xero
2006, Wellington (New Zealand), Public
Provider of accounting software and related tools for business management
-
75/100
7th
Logo for Wave
Wave
2010, Toronto (Canada), Acquired
Web-based accounting software for businesses
$82.4M
74/100
8th
Logo for Sage
Sage
1981, Newcastle Upon Tyne (United Kingdom), Public
Provider of cloud-based enterprise software solutions for accounting, finance, and people management
-
72/100
9th
Logo for Digits
Digits
1995, San Francisco (United States), Acquired
SMS based customer authentication and verification service
$97.5M
69/100
10th
Logo for Denim
Denim
2014, New York City (United States), Acquired
Provider of financial technology solutions for freight businesses
$67.9M
68/100
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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

lockFilter this list
Media has covered Denim for 1 event in last 1 year.
Denim and ZUUM streamline supply chain operations with new integrationAmerican Journal of TransportationMay 30, 2023Denim, Zuum
Denim’s $126 Million Series B Round FinancingGlobal Legal ChronicleSep 30, 2022Denim
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