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.
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 |
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