FundraiseBase by

Axle

Raised $17.5M in a Series A round, announced 11 August 2026.

Round

Axle raised a $17.5 million Series A led by Base10 Partners to expand its insurance clearinghouse, hire staff, and support more insurance segments.

Amount: $17.5M
Stage: Series A
Announced: 11 August 2026
Lead: Base10 Partners
Other investors: Y Combinator, Gradient, Stage 2 Capital, founders of Cover Genius
Checked: Announced by the company

Company

Provides AI-powered infrastructure for automating insurance policy workflows

Based in: New York, United States
Founded: 2022
Sector: AI
Website: axle.ai ↗

Founders

Cameron Duncanco-founder and chief executive
Armaan Sikandco-founder
Nihar Parikhco-founder

Sources and links

Sources: Axle Raises $17.5M Series A to Connect Insurance Carriers to the Real Economy prnewswire.com
AI insurance startup Axle raises $17.5M from Base10 Partners to automate policy workflows techfundingnews.com
Axle Raises $17.5M in Series A Funding - FinSMEs news.google.com
Website: axle.ai ↗

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