Axoni

New York, United States Founded: 2013 • Age: 13 yrs
A blockchain network for capital markets is operated.
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About Axoni

Axoni is a company based in New York (United States) founded in 2013.. Axoni has raised $108.12 million across 8 funding rounds from investors including Citi, Goldman Sachs and UBS. The company has 142 employees as of December 31, 2022. Axoni offers products and services including HYDRA Platform. Axoni operates in a competitive market with competitors including Consensys, Luno, Uphold, Coins.ph and BlockFi, among others.

  • Headquarter New York, United States
  • Employees 142 as on 31 Dec, 2022
  • Sectors
    Technology
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Schvey Inc.
Operational Areas
Technology → Blockchain, Web3 & Digital Assets
Financial Services → FinTech & Digital Finance
Technology → Artificial Intelligence & Machine Learning
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $108.12 M (USD)

    in 8 rounds

  • Latest Funding Round
    $20 M (USD), Series B

    Apr 26, 2023

  • Investors
    Citi

    & 23 more

  • Employee Count
    142

    as on Dec 31, 2022

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Products & Services of Axoni

Axoni offers a comprehensive portfolio of products and services, including HYDRA Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Facilitates real-time data sharing and automation for financial institutions.

People of Axoni
Headcount 50-200
Employee Profiles 24
Board Members and Advisors 4
Employee Profiles
People
Greg Schvey
CEO
People
Andrew Zumhagen
Senior Software Engineer
People
Cody Holmes
Staff Software Engineer
People
Collin Kueter
Senior Software Engineer

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Board Members and Advisors
people
Will Eisenbeis
Board Observer
people
Larry Leibowitz
Board Member

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Funding Insights of Axoni

Axoni has successfully raised a total of $108.12M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $20 million completed in April 2023. 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 Rounds 8
  • Last Round Series B — $20.0M
  • First Round

    (27 Jan 2014)

  • Investors Count 24
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2023 Amount Series B - Axoni Valuation EJF Investments
Feb, 2021 Amount Series B - Axoni Valuation Deutsche Bank , Intel Capital
Sep, 2018 Amount Series B - Axoni Valuation HSBC
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Axoni

Axoni has secured backing from 24 investors, including institutional and venture fund investors. Prominent investors backing the company include Citi, Goldman Sachs and UBS. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investments in fintech startups are managed by Communitas Capital.
Founded Year Domain Location
Investment in technology startups focusing on compute, AI, and related innovations.
Founded Year Domain Location
Investment banking services are delivered across multiple financial sectors.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Axoni

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Axoni

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Axoni Comparisons

Employees
+
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Competitors of Axoni

Axoni 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 Consensys, Luno, Uphold, Coins.ph and BlockFi, 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
Developer of blockchain and web3 software platform
domain founded_year HQ Location
Mobile app for storing and trading cryptocurrencies is utilized.
domain founded_year HQ Location
App-based wallet and exchange platform for cross-border money transfers
domain founded_year HQ Location
Digital wallet for Bitcoin assets
domain founded_year HQ Location
Crypto trading, loans, interest accounts, and wallets are offered online.
domain founded_year HQ Location
App-based trading and deposit solutions for cryptocurrency are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Axoni

Frequently Asked Questions about Axoni

When was Axoni founded?

Axoni was founded in 2013 and raised its 1st funding round 1 year after it was founded.

Where is Axoni located?

Axoni is headquartered in New York, United States. It is registered at New York, New York, United States.

Is Axoni a funded company?

Axoni is a funded company, having raised a total of $108.12M across 8 funding rounds to date. The company's 1st funding round was a Series B of $4M, raised on Jan 27, 2014.

How many employees does Axoni have?

As of Dec 31, 2022, the latest employee count at Axoni is 142.

What does Axoni do?

Axoni was founded in 2013 in New York, United States, and focuses on the financial technology sector. A multi-asset messaging and matching Harmony network is provided, along with infrastructure for private, peer-to-peer distributed ledger systems using smart contracts. Tools for lifecycle automation, transaction privacy, high-volume trade processing, automated reporting, and dynamic permission systems are included to support network participant onboarding in capital markets.

Who are the top competitors of Axoni?

Axoni's top competitors include Uphold, Luno and Consensys.

What products or services does Axoni offer?

Axoni offers HYDRA Platform.

Who are Axoni's investors?

Axoni has 24 investors. Key investors include Citi, Goldman Sachs, UBS, Thomson Reuters, and Deutsche Bank.

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