About Axios
Axios is a company based in Arlington (United States) founded in 2016 by Mike Allen, Jim VandeHei, and Roy Schwartz was acquired by Cox Enterprises in August 2022.. Axios has raised $30 million across 3 funding rounds from investors including NBCUniversal, WndrCo and Lerer Hippeau. The company has 356 employees as of December 31, 2022. Axios has completed 1 acquisition, including Charlotte Agenda. Axios operates in a competitive market with competitors including Yahoo, Wirtualna Polska, TechCrunch+, QQ and Sina, among others.
- Headquarter Arlington, United States
- Employees 356 as on 31 Dec, 2022
- Founders Mike Allen, Jim VandeHei, Roy Schwartz
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Sectors
Media & Entertainment
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$30 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
NBCUniversal
& 9 more
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Employee Count
356
as on Dec 31, 2022
- Investments & Acquisitions
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Acquired by
Cox Enterprises
(Aug 08, 2022)
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Funding Insights of Axios
Axios has successfully raised a total of $30M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
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First Round
First Round
(01 Jun 2016)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Series D - Axios | Valuation | Cox Enterprises |
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| Aug, 2017 | Amount | Series B - Axios | Valuation | Greycroft , Lerer Hippeau | |
| Jun, 2016 | Amount | Series A - Axios | Valuation | Lerer Hippeau |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Axios
Axios has secured backing from 10 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include NBCUniversal, WndrCo and Lerer Hippeau. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Multiple sectors are targeted for venture capital investments by Greycroft.
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Founded Year | Domain | Location | |
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USA focused VC firm investing in seed and early stage startups
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Founded Year | Domain | Location | |
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Investments are made in early-stage tech startups across multiple sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Axios
Axios has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Charlotte Agenda. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Local news is delivered via an online platform in Charlotte.
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Axios
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Axios Comparisons
Competitors of Axios
Axios operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Yahoo, Wirtualna Polska, TechCrunch+, QQ and Sina, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
News, insights, and services are delivered via an online platform.
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| domain | founded_year | HQ Location |
Digital news portal
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| domain | founded_year | HQ Location |
Multi-category news on technology and startups is provided online.
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| domain | founded_year | HQ Location |
Multi-category news is delivered through an online platform.
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| domain | founded_year | HQ Location |
Provider of product testing and review services
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Axios
Frequently Asked Questions about Axios
When was Axios founded?
Axios was founded in 2016.
Where is Axios located?
Axios is headquartered in Arlington, United States. It is registered at Arlington, Virginia, United States.
Who is the current CEO of Axios?
Jim VandeHei is the current CEO of Axios. They have also founded this company.
Is Axios a funded company?
Axios is a funded company, having raised a total of $30M across 3 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Jun 01, 2016.
How many employees does Axios have?
As of Dec 31, 2022, the latest employee count at Axios is 356.
What does Axios do?
Axios was founded in 2016 and is headquartered in Arlington, United States. An app-based platform is operated in the news media sector, with coverage provided across business, technology, politics, and media trends. Native advertisements are employed solely on the website, while banner ads and pop-ups are avoided. The mobile application is offered for Android and iOS devices to facilitate access.
Who are the top competitors of Axios?
Axios's top competitors include Yahoo, QQ and Wirtualna Polska.
How many acquisitions has Axios made?
Axios has made 1 acquisition, including Charlotte Agenda.
Who are Axios's investors?
Axios has 10 investors. Key investors include NBCUniversal, WndrCo, Lerer Hippeau, Cox Enterprises, and Greycroft.