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| Company 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 | AI-powered internal communications software |
| Revenue | $10 million (2023) |
| Website | axioshq.com |
Axios HQ is an American company that specializes in AI-powered internal communications software. It focuses on enhancing organizational communication through its Smart Brevity approach, which emphasizes clarity and conciseness in messaging.
History
Axios HQ was launched in February 2021 as a spin-off from Axios after the media company was sold to Cox Enterprises for approximately $525 million in 2022. It was founded by key figures from Axios, including Roy Schwartz, Jim VandeHei, and Mike Allen.
It generated over $1 million in revenue from its software licensing business, which provides tools for organizations to communicate effectively using the Smart Brevity style within 8 months of foundation.
By 2023, It had surpassed $10 million in annual recurring revenue (ARR) 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 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
- "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.
- 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.
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