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Venture Capital News: AxleHire Lands $20M Series B

2021-04-07
EMERYVILLE, CA, AxleHire, a logistics innovation leader for last-mile delivery, today announced $20 million in new funding.
This capital will enhance the company's capabilities to deliver a more seamless same-day and next-day experience through new sortation technology, an expanded network of locations, and additional talent. Ajax Strategies led the Series B financing with additional participation from Eclipse Ventures, Quiet Logistics, Bee Partners, and Acorn Pacific Ventures.

AxleHire combines innovative technology and superior logistics to deliver cost-effective, reliable same- and next-day delivery services to industry leaders such as HelloFresh, Deliverr, Freshly, Pet Food Express, and more. AxleHire was purpose-built to support companies whose businesses rely on trusted and consistent delivery services to get their customers what they need when they need it. AxleHire has multiple locations in cities across the U.S, enabling high-volume shippers to cater to the needs and growing expectations of their customers.
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