Insurance data platform


Company mission

To make it easy for consumers to securely share their insurance data to companies they trust in seconds.



HQ Location

North Buckhead, Atlanta, GA

Otta's take on Axle

Theo Margolius headshot

Theo Margolius

COO of Otta

Annually, over $13B is spent on uninsured loss, whilst mortgages and auto loans are wildly expensive for the majority of borrowers. This is in part due to the fact that fleet managers, lenders, and gig services do not have access to insurance data - a problem that Axle aims to fix.

Axle, the universal API for insurance, offers instant access to insurance data for its clients. No longer needing to rely on legacy systems, paper and unnecessary phone calls to verify personal insurance information, Axle’s clients can make business decisions in a matter for minutes, rather than hours.

Founded from first-hand experience of the problem at hand, Axle is well-positioned to tackle the real issues operators are facing. The company was selected as one of Y Combinator’s Summer 2022 start-ups, and has since received good funding that will be used to grow its team, as well as support expansion into new markets as it strengthens its carrier network.

Total funding - $8.6m

Last 2 fundraises

Nov 2022



Apr 2023



This company has top investors

Company benefits

  • Full medical, dental, and vision benefits
  • Unlimited vacation
  • Mentorship opportunities for junior engineers
  • Flexible, hybrid work environment (option for remote as well)
  • Equity packages


Previously served as Head of Product for Clutch, which was acquired by Cox Automotive. Experience in Strategy and Innovation for Deloitte and as an Associate for BLH Venture Partners.

Previously acted as Product Lead for WayScript, Senior Associate of Corporate Strategy for KPMG and as a co-founder and Analyst for CRG Professional Services.

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