What is Denim?
Denim provides essential factoring and payment services tailored for freight brokers and carriers. The company's technology platform is designed to streamline financial operations and facilitate access to crucial working capital for its clients, fostering efficiency and financial stability within the logistics ecosystem.
How much funding has Denim raised?
Denim has raised a total of $63M across 1 funding round:
Debt
$63M
Debt (2024): $63M with participation from Silicon Valley Bank and Trinity Capital
Key Investors in Denim
Silicon Valley Bank
Silicon Valley Bank, a prominent entity in the banking sector, provides financial services to growth-stage companies.
Trinity Capital
Trinity Capital is a specialty lending company focused on providing debt and financing solutions to venture capital-backed, growth-stage businesses.
What's next for Denim?
The substantial enterprise-level funding indicates Denim is poised for significant scaling and expansion. This strategic capital injection will likely fuel advancements in their technology, broaden their service offerings, and potentially expand their market reach, reinforcing their position as a key player in freight financial services.
See full Denim company page
