Has anyone used Axial to source deals?

by a searcher from Duke University - The Fuqua School of Business

4 years ago

We had conversation with one of their sales folks yesterday (www.axial.net). The pricing info we received is below. Seems pricey, but I'm curious if other searchers / buyers have had experience with them.

Pricing:
- 1% success fee 
- $1k initial account funding (goes towards your first 20 sourced deals) 
- Pay-as-you-go at $100 per-deal thereafter, or option to re-fund at one of the following:
$2k for 40 deals ($50/deal)
$5k for 125 deals ($40/deal)
$7.5k for uncapped deal flow 

20 likes
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35 comments

investor from Stanford University - Graduate School of Business

Is there still a trial option? I tried Axial a few years ago and ultimately did not continue as I didn't find value beyond my other sourcing activities.

3 weeks ago | like reply | 0 likes

investor from University of California, Berkeley - Haas School of Business

My experience is that Axial increased the success fee significantly for no reason earlier this year. I decided to cancel at that point. Most of their deals are also posted on low-cost aggregator sites like Kumo. Occasionally, there are larger deals posted by small/regional investment banks, but my experience was that these deals all had issues and had likely failed to attract serious buyers before getting posted to Axial.

3 weeks ago | like reply | 1 like

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