Fundraising Fox

Axela

Key Biscayne, US · Founded 2016 · 1 known investors

Axela provides accounts receivable automation and AI-powered collections software for HOAs, condo associations, and rental managers to recover unpaid assessments and rent. Its product suite covers pre-collection notices, delinquency recovery, rent recovery, and property monitoring, prioritizing full assessment recovery over foreclosure.

Founders & leadership

Axela was founded in 2016 by Martin Urruela.

MU
Martin UrruelaFounder
JU
Juan UrruelaNamed on SEC filing
RA
Roberto AitkenheadNamed on SEC filing
SL
Sheldon LewisNamed on SEC filing
TG
Tyler GillNamed on SEC filing
TK
Thomas KiernanNamed on SEC filing

Board

RB
Rennick B PalleyBoard director

Investors · 1

Reported raises · per SEC filings

Form D private placements

$10M disclosed across 3 rounds · 2018–2026

$5MraisedAug 2026 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Martin UrruelaExecutive Officer, Director, Promoter
  • Roberto AitkenheadDirector
  • Sheldon LewisDirector
  • Tyler GillDirector
  • Thomas KiernanDirector
Offering amount
$5M
Amount sold
$5M
First sale
Jul 2026
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$4MraisedJan 2021 · 10 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Martin UrruelaExecutive Officer, Director, Promoter
  • Juan UrruelaDirector
  • Bobby AitkenheadDirector
  • Sheldon LewisDirector
Offering amount
$4M
Amount sold
$4M
First sale
Jan 2021
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$982.9KraisedMay 2018 · 6 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Rennick B PalleyDirector
  • Juan UrruelaDirector
  • Martin UrruelaExecutive Officer, Director, Promoter
Offering amount
$1.2M
Amount sold
$982.9K
First sale
May 2018
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Frequently asked questions

What does Axela do?
Axela provides accounts receivable automation and AI-powered collections software for HOAs, condo associations, and rental managers to recover unpaid assessments and rent. Its product suite covers pre-collection notices, delinquency recovery, rent recovery, and property monitoring, prioritizing full assessment recovery over foreclosure.
Who founded Axela?
Axela was founded by Martin Urruela in 2016.
Who are Axela's investors?
Axela's investors include Conductor Capital.
How much funding has Axela raised?
Axela has disclosed $10M raised across 3 rounds.
Where is Axela headquartered?
Axela is headquartered in Key Biscayne, US.