Dublin-based Axe, an AI startup constructing autonomous brokers for logistics groups, declares its public launch immediately, alongside the profitable elevating of €1.5 million in pre-Seed funding.
The spherical was led by Pitchdrive, with participation from Accel Scouts, Enterprise Eire, and strategic angel traders together with Colm Lengthy (Google, Tines) and Colm Lyons (Realex, Fireplace).
“Logistics is the spine of the worldwide financial system, but it nonetheless runs on billions of emails, spreadsheets, and telephone calls,” says Co-founder and CEO James McElroy. “Our AI brokers act as digital teammates, automating repetitive duties to liberate groups for higher-impact work. As margins tighten resulting from world tariffs, AI offers an important benefit by unlocking effectivity and value financial savings.”
Based in 2024 by James McElroy (CEO) and Dan Quill (CTO), Axe builds AI brokers that “work like teammates” for logistics operators—logging into programs, making calls, sending emails, and coordinating duties finish to finish. These brokers reportedly execute full workflows and adapt in actual time, slicing by means of back-office chaos.
One of many AI Brokers’ foremost points of interest, in line with the corporate, is the power to guide masses, resolve points, and preserve shipments on observe with out having so as to add headcount.
McElroy beforehand Co-founded Gudog, an EU pet companies market acquired by Blackstone earlier this yr following its €2.2 billion acquisition of U.S.-based Rover. Earlier to this he held roles at doc logistics firm Oasis. Quill beforehand served as founding CTO at Peblo, acquired by unicorn FinTech Wayflyer in 2023, and has held engineering roles at FinTech chief iwoca.
“We backed Axe as a result of they’re tackling one of the crucial painful and outdated workflows in a $10 trillion trade—with a workforce that is aware of tips on how to ship quick, construct actual AI, and promote into logistics. James and Dan have executed this earlier than, they usually’re constructing precisely what freight groups have been crying out for: AI brokers that truly get issues executed,” added Koen Christiaens, Associate at Pitchdrive
In keeping with Axe, freight carriers and brokers deal with 1000’s of calls and emails every week; repetitive and time-consuming duties. Axe’s AI brokers take over these repetitive duties like order entry, quoting, scheduling, and even making telephone calls to drivers, liberating up groups to deal with higher-value, extra advanced work.
Axe is already working with a number of logistics firms and reportedly saving them as a lot as two hours per particular person per day, bettering productiveness and buyer responsiveness.
The funding will speed up Axe’s product improvement, develop its engineering and buyer success groups, and help enlargement into the U.S. market. The corporate presently operates from Dublin and London, with plans to open its first U.S. workplace later this yr.
