Denim

Denim helps freight brokers grow faster by automating their back-office and providing fast & affordable working capital.

General Information
Company Name
Denim
Founded Year
2019
Location (Offices)
Jersey City, United States +1
Founders / Decision Makers
Number of Employees
204
Industries
Finance, Fintech, IT +2
Funding Stage
Debt Financing
Social Media

Denim - Company Profile

Denim is a disruptive force in the freight industry, aiming to help freight brokers grow faster through automation and providing fast and affordable working capital. Founded in 2018 in the United States, the startup offers tech-driven freight factoring solutions for brokers and fleets, promising to boost cash flow and simplify operations with flexible offerings. The company's slogan reflects its commitment to aiding the growth of its clients, highlighting the benefits of its factoring services through saving time, money, and gaining flexibility while building trust. Denim's recent debt financing investment of $63.00M on 30 May 2024 from Trinity Capital and Silicon Valley Bank speaks to the market's confidence in the startup's potential. With its focus on finance, fintech, and information technology, Denim appears to be poised for significant growth and market impact in the coming years. Connect with Denim's sales team to explore how the company can supercharge freight businesses' growth in 2024.

Taxonomy: Freight Factoring, Working Capital, Automated Invoicing, Back-office Automation, Logistics Technology, Financial Technology, Cash Flow Management, Freight Brokering, Transportation Finance, Accounts Payable, Accounts Receivable, Payment Automation, Business Growth, Flexible Financing, Freight Payment System

Funding Rounds & Investors of Denim (12)

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Funding Stage Amount No. Investors Investors Date
Debt Financing $63.00M 2 Silicon Valley Bank 30 May 2024
Debt Financing $100.00M 7 Trucks Venture Capital, REFASHIOND Ventures +1 15 Sep 2022
Series B $26.00M 7 15 Sep 2022
Series A $10.00M 10 Stanton Green, Ron Suber +3 26 May 2021
Secondary Market Unknown 1 10 May 2021

View All 12 Funding Rounds

Latest News of Denim

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No recent news or press coverage available for Denim.

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