Compliance AI company Axle Automation receives $2.5 million in seed funding

Axle Automation, Inc., an artificial intelligence solution provider, announced the successful completion of its seed round financing. The company will use the $2.5 million to expand its team and optimize and enhance compliance teams for financial technology, banking, and other financial institutions. This round of financing was led by Diagram Ventures, with participation from Mistral Ventures, Uphonest Capital, StreamingFast, and other strategic angel investors.