Axios HQ is an American
enterprise software
Enterprise software, also known as enterprise application software (EAS), is computer software used to satisfy the needs of an organization rather than its individual users. Enterprise software is an integral part of a computer-based information ...
company. Its main product is a platform that allows its clients to use so-called "smart brevity," a
bullet point
In typography, a bullet or bullet point, , is a typographical symbol or glyph used to introduce items in a list. For example:
* Monica
* Erica
* Rita
* Tina
* Sandra
* Mary
* Jessica
The bullet symbol may take any of a variety of shapes, s ...
-based journalism style developed by the founders of media company
Axios
Axios commonly refers to:
* Axios (river), a river that runs through Greece and North Macedonia
* ''Axios'' (website), an American news and information website
Axios may also refer to:
Brands and enterprises
* Axios, a brand of suspension produ ...
, to distribute their own communications.
History
Axios HQ was launched Roy Schwartz,
Jim VandeHei
James VandeHei (born February 12, 1971) is an American journalist and businessman who is the co-founder and CEO of Axios and the former executive editor and co-founder of ''Politico''. Previously, he was a national political reporter at ''The Wa ...
and
Mike Allen in February 2021 by media company
Axios
Axios commonly refers to:
* Axios (river), a river that runs through Greece and North Macedonia
* ''Axios'' (website), an American news and information website
Axios may also refer to:
Brands and enterprises
* Axios, a brand of suspension produ ...
.
Axios HQ was spun out after the parent media company was sold to
Cox Enterprises
Cox Enterprises, Inc. is an American private company, privately held global conglomerate (company), conglomerate headquartered in Atlanta, Georgia, United States, with approximately 55,000 employees and $21 billion in total revenue. Its major ope ...
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
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Software companies based in Virginia