Tech Company Financing Transactions
Axial Shift Funding Round
Axial Shift, based in Austin, secured $4 million from Silverton Partners.
Transaction Overview
Company Name
Announced On
9/27/2023
Transaction Type
Venture Equity
Amount
$4,000,000
Round
Seed
Investors
Silverton Partners (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand operations and its business reach.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
PO BOX 50550
Austin, TX 78763
USA
Austin, TX 78763
USA
Phone
Website
Email Address
Overview
Axial Shift was founded by Ellis Winstanley, a long-time restaurateur, who understood firsthand the critical purpose of the unit level workforce and more importantly the challenges those teams face every day. Ellis watched as managers struggled to connect their activity on the floor with the reports they ran in the back office. Knowing that too much of his own management time was spent doing repetitive admin work, that his management teams lacked clarity on their contributions, and that team development opportunities were getting left on the floor, Ellis knew the status quo had to change and that he had to create a platform to help his team.
Management Team
Title
Name
Email & Social
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