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{{Short description|Enterprise software company}} | |||
{{Notability|1=Companies|date=January 2025}} | |||
{{Infobox company | {{Infobox company | ||
| name = Axios HQ | | name = Axios HQ | ||
Line 6: | Line 6: | ||
| industry = Software | | industry = Software | ||
| founded = February 2021 | | founded = February 2021 | ||
| founders = Roy Schwartz, Jim VandeHei, Mike Allen | | founders = Roy Schwartz, ], ] | ||
| headquarters = | | headquarters = | ||
| hq_location_city = Arlington, Virginia | | hq_location_city = Arlington, Virginia | ||
| hq_location_country = United States | | hq_location_country = United States | ||
| key_people = Roy Schwartz (CEO) | | key_people = Roy Schwartz (CEO) | ||
| products = |
| products = ] software | ||
| revenue = $10 million (2023) | | revenue = $10 million (2023) | ||
| num_employees = | | num_employees = | ||
| website = | | website = | ||
}} | }} | ||
{{distinguish|Axios (website)}} | |||
'''Axios HQ''' is an American company that |
'''Axios HQ''' is an American ] company. Its main product is a platform that allows its clients to use so-called "smart brevity," a ]-based journalism style developed by the founders of media company ], to distribute their own communications.<ref>{{Cite web |date=2024-03-11 |title=Arlington's Axios HQ says internal comms for many U.S. companies is in dire straits {{!}} ARLnow.com |url=https://www.arlnow.com/2024/03/11/arlingtons-axios-hq-says-internal-comms-for-many-u-s-companies-is-in-dire-straits/ |access-date=2025-01-12 |website=www.arlnow.com |language=en-US}}</ref> | ||
== History == | == History == | ||
Axios HQ was launched in February 2021 |
Axios HQ was launched Roy Schwartz, ] and ] in February 2021 by media company ].<ref name="WSJ">{{cite news |last1=Mullin |first1=Benjamin |title=Axios Wants to Help Companies Write Like Its Reporters—for $10,000 a Year, or More |url=https://www.wsj.com/articles/axios-wants-to-help-companies-write-like-its-reportersfor-10-000-a-year-or-more-11610632800 |access-date=14 January 2025 |work=Wall Street Journal |date=January 14, 2021}}</ref> Axios HQ was spun out after the parent media company was sold to ] for approximately $525 million in 2022. <ref>{{Cite news |last=Farhi |first=Paul |date=August 8, 2022 |title=Axios, valued at $525 million, to be sold to Cox Enterprises in major media deal |url=https://www.washingtonpost.com/media/2022/08/08/axios-cox-sale/ |newspaper=The Washington Post}}</ref><ref>{{Cite news |last=Robertson |first=Katie |date=2022-03-07 |title=Axios Wants Us to Read Everything in Bullet Points |url=https://www.nytimes.com/2022/03/07/business/media/axios-local.html |access-date=2025-01-12 |work=The New York Times |language=en-US |issn=0362-4331}}</ref> | ||
Within eight months of its formation, Axios HQ had generated over $1 million in revenue from its software licensing business, which formats organizations' communications into Axios-style "smart brevity" bullet points.<ref>{{cite web |url=https://digiday.com/media/axios-has-made-1m-in-revenue-from-its-eight-month-old-software-licensing-business/ |title=Axios has made $1M in revenue from its eight-month-old software licensing business |access-date=2024-09-28 |website=Digiday|date=14 October 2021 }}</ref> | |||
By 2023, |
By 2023, Axios HQ had surpassed $10 million in annual recurring revenue and had expanded its offerings to include integrations with platforms like Slack and Microsoft Teams.<ref>{{cite web |title=Axios HQ Exceeds $10M ARR, Hires First CMO, Launches Slack and Teams Integrations |url=https://www.businesswire.com/news/home/20240109720123/en/Axios-HQ-exceeds-10M-ARR-hires-its-first-CMO-and-launches-Slack-Teams-integrations |access-date=2024-09-28 |website=Business Wire}}</ref> This growth was supported by a $20 million Series A funding round completed in March 2023, co-led by Glade Brook Capital Partners and Greycroft Partners.<ref>{{Cite news |last=Bruell |first=Alexandra |date=2023-03-24 |title=WSJ News Exclusive {{!}} Axios's Software Business Raises Cash to Fund AI Expansion |url=https://www.wsj.com/articles/axioss-software-business-raises-cash-to-fund-ai-expansion-91dc27cc |access-date=2025-01-12 |work=Wall Street Journal |language=en-US |issn=0099-9660}}</ref> | ||
== Products == | == Products == | ||
The Axios HQ platform provides "smart brevity" training and editorial services, AI-powered newsletter creation and distribution software, and analytics.{{citation needed|date=January 2025}} | |||
The platform provides various tools, including: | |||
* ''Smart Brevity'' training and editorial services | |||
* AI-powered newsletter creation & distribution software | |||
* Analytics features that track engagement metrics such as open rates. | |||
== References == | == References == | ||
{{reflist}} | |||
<references /> | |||
] | ] | ||
{{improve categories|date=January 2025}} |
Latest revision as of 14:08, 15 January 2025
Enterprise software companyCompany type | Private |
---|---|
Industry | Software |
Founded | February 2021 |
Founders | Roy Schwartz, Jim VandeHei, Mike Allen |
Headquarters | Arlington, Virginia, United States |
Key people | Roy Schwartz (CEO) |
Products | Internal communications software |
Revenue | $10 million (2023) |
Website | axioshq.com |
Axios HQ is an American enterprise software company. Its main product is a platform that allows its clients to use so-called "smart brevity," a bullet point-based journalism style developed by the founders of media company Axios, to distribute their own communications.
History
Axios HQ was launched Roy Schwartz, Jim VandeHei and Mike Allen in February 2021 by media company Axios. Axios HQ was spun out after the parent media company was sold to Cox Enterprises for approximately $525 million in 2022.
Within eight months of its formation, Axios HQ had generated over $1 million in revenue from its software licensing business, which formats organizations' communications into Axios-style "smart brevity" bullet points.
By 2023, Axios HQ had surpassed $10 million in annual recurring revenue and had expanded its offerings to include integrations with platforms like Slack and Microsoft Teams. This growth was supported by a $20 million Series A funding round completed in March 2023, co-led by Glade Brook Capital Partners and Greycroft Partners.
Products
The Axios HQ platform provides "smart brevity" training and editorial services, AI-powered newsletter creation and distribution software, and analytics.
References
- "Arlington's Axios HQ says internal comms for many U.S. companies is in dire straits | ARLnow.com". www.arlnow.com. 2024-03-11. Retrieved 2025-01-12.
- Mullin, Benjamin (January 14, 2021). "Axios Wants to Help Companies Write Like Its Reporters—for $10,000 a Year, or More". Wall Street Journal. Retrieved 14 January 2025.
- Farhi, Paul (August 8, 2022). "Axios, valued at $525 million, to be sold to Cox Enterprises in major media deal". The Washington Post.
- Robertson, Katie (2022-03-07). "Axios Wants Us to Read Everything in Bullet Points". The New York Times. ISSN 0362-4331. Retrieved 2025-01-12.
- "Axios has made $1M in revenue from its eight-month-old software licensing business". Digiday. 14 October 2021. Retrieved 2024-09-28.
- "Axios HQ Exceeds $10M ARR, Hires First CMO, Launches Slack and Teams Integrations". Business Wire. Retrieved 2024-09-28.
- Bruell, Alexandra (2023-03-24). "WSJ News Exclusive | Axios's Software Business Raises Cash to Fund AI Expansion". Wall Street Journal. ISSN 0099-9660. Retrieved 2025-01-12.