New York, NY – According to filings with the U.S. Securities and Exchange Commission, Denim is raising $126,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Bharath Krishnamoorthy played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Denim
Denim is a financial enablement platform for the logistics industry that offers an ecosystem of intelligent financial products, operations tools, and time-saving automation. Its proprietary technology enables freight brokers to simplify their financing operations and easily access the working capital they need to grow in the competitive, $2 trillion logistics market. Denim automates invoicing, collections, and payments ultimately reducing daily payments and collections tasks by 75%. A remote-first company, Denim has been named a Best Place To Work by Built In and Best Workplace for Innovators by Fast Company.

To learn more about Denim, visit http://www.denim.com/

Contact:
Bharath Krishnamoorthy, Chief Executive Officer
855-250-4142
https://www.linkedin.com/in/krishnbx/

SOURCE: http://www.intelligence360.io
Copyright (c) 2022 SI360 Inc. All rights reserved