Axle provides infrastructure and AI agents that integrate with fragmented carrier systems to normalize unstructured insurance data into a single API for third parties. The company automates workflows including verification, monitoring, and policy updates and has tripled the number of workflows it automates in the past six months. Axle says it clears more than $100B in coverage annually for over 4,000 customers, including Rocket Mortgage, Avis, Experian, and Sonic Automotive, and has helped customers speed workflows by 20x and recover over $220M in losses. Founded by Cameron Duncan, Armaan Sikand, and Nihar Parikh, Axle plans to expand its clearinghouse to more than 50 segments spanning Home, Auto, Renters, Commercial, and Specialty and deepen direct carrier relationships. The company positions itself as the programmable clearinghouse for insurance used by dealers, lenders, rental companies, employers, and large enterprise customers.

Total raised

$22M

Funding rounds

2

Latest round

Series A

Latest activity

Aug 2026