Axle has raised $9M led by Eniac and Bonfire Ventures. It makes software that helps investment banks arrange meetings between investors and company management, and will add more AI agents. It says some of North America’s biggest banks use it.
Axle, a startup that makes software for investment banks, has raised $9M in a round led by Eniac and Bonfire Ventures, it announced on Thursday. Teamworthy Ventures also joined.
Axle works on what banks call corporate access. Banks arrange meetings between big investors and company bosses, analysts and industry experts. Those meetings help investors decide where to put money, and they shape which banks get their trading business.
CEO Sam Shapiro says much of this work still runs on old software, spreadsheets and manual scheduling. He worked in corporate access at Goldman Sachs before starting Axle, according to the company’s 2024 pre-seed announcement .
Axle puts conferences, investor meetings, roadshows and expert calls into one system. Clients can request meetings and see schedules through portals that need no login.
The company says it works with some of North America’s largest investment banks but did not name them. One bank started using Axle earlier this year and, within months, dropped three other providers.
The new money will go into AI agents that help bank staff understand clients and spot opportunities. Axle is also building tools to show how much the meetings are worth to clients.
AI startups are moving fast into banking. Berlin’s Taktile raised $110M from Goldman Sachs to automate bank decisions, and Anthropic has launched ready-made finance agents for Claude, while OpenAI sells a ChatGPT for finance .
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