Denim is a freight payment system for the logistics industry that offers an ecosystem of intelligent financial products, operations tools, and time-saving automation. Its proprietary technology enables freight brokers to simplify their financing operations and easily access the working capital they need to grow in the competitive, $2 trillion logistics market. Denim automates invoicing, collections, and payments — ultimately reducing daily payments and collections tasks by 75%. A remote-first company, Denim has been named a Best Place To Work by Built In and Best Workplace for Innovators by Fast Company
Location: United States, New York
Employees: 51-200
Total raised: $189M
Founded date: 2019
Investors 8
Funding Rounds 2
| Date | Series | Amount | Investors |
| 31.05.2024 | - | $63M | - |
| 21.09.2022 | Series B | $126M | Trucks Ven... |
Mentions in press and media 9
| Date | Title | Description |
| 09.09.2025 | G2Mint Announces Partnership with Denim by Truckstop.com, Delivering Embedded Freight Factoring as a Plug-In | G2Mint and Denim by Truckstop.com partner to deliver fast, flexible factoring solutions as a plug-in integration for G2Mint customers This partnership empowers our mutual customers to seamlessly embed freight factoring within their logistic... |
| 31.05.2024 | Denim Secures $63M Warehouse Facility | Denim, a Jersey City, NJ-based a technology factoring partner for freight brokers, raised $63M in Warehouse Facility. Silicon Valley Bank (SVB) and Trinity Capital Inc., provided the financing. The company intends to use the funds to contin... |
| 22.02.2024 | MyCarrierPortal and Denim Forge Innovative Partnership for Seamless Carrier and Broker Onboarding | MyCarrierPortal, the leading carrier identity platform, and Denim, a freight factoring partner, announce a revolutionary partnership to simplify onboarding. Strong relationships between carriers and brokers are essential for a well-function... |
| 20.09.2022 | Fintech platform for freight and logistics, Denim, closes $126m Series B | Denim (previously Axle Payments), a financial enablement platform for the freight and logistics industry, has raised $126 million in Series B funding. Denim raises $126 Series B The round was led by Pelion Venture Partners and includes $26 ... |
| 15.09.2022 | Denim Raises $126M in Funding | Denim (aka Axle Payments), a NYC-based financial enablement platform for the freight and logistics industry, closed a $126m Series B funding. The round included $26m in equity financing (led by Pelion Venture Partners, with participation fr... |
| 15.09.2022 | Denim, a fintech platform for freight brokers, raises $126M in equity and debt | Denim, the fintech platform for freight and logistics formerly known as Axle Payments, today announced that it raised $126 million in a Series B funding round led by Pelion Venture Partners with participation from Crosslink Capital, Anthemi... |
| - | Denim | “Denim provides factoring and payment services for freight brokers & carriers. Both trust Denim's technology to simplify their financial operations and provide access to working capital.” |
| - | Financial Enablement Platform Denim Closes $126 Million | Denim (previously known as Axle Payments) recently announced it raised $126 million. These are the details. Denim (previously known as Axle Payments) recently announced it raised $126 million. Funding amount: $126 million Funding round: $26... |
| - | Denim | “Denim is an all-in-one financial enablement platform for the logistics industry. We work with brokerages to offer freight factoring and back office automation.” |