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Axios

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Media company that delivers vital, trustworthy news and analysis

Arlington, United StatesFounded 2017Consumer Services
Valuation $500M–1B Last recorded · 2022
Headcount 500–1k Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Axios and the history behind them.

About Axios

Axios is a digital media startup that focuses on delivering news and information to the Charlotte, North Carolina community. The company operates in the local news market, providing coverage on a wide range of topics including careers, real estate, travel, startups, food and drink, philanthropy, development, and family-related issues. Axios Charlotte serves a diverse audience of local residents who are interested in staying informed about their city.

The business model of Axios Charlotte revolves around creating high-quality, engaging content that attracts a loyal readership. The company makes money primarily through advertising and sponsored content. By partnering with local businesses and organizations, Axios Charlotte is able to offer targeted advertising opportunities that are highly relevant to its audience. Additionally, the company generates revenue through its daily newsletter, which has a substantial subscriber base of over 107,000 readers. This newsletter features a curated selection of news stories and events, making it a valuable platform for advertisers looking to reach a specific demographic.

Axios Charlotte's market is highly localized, focusing specifically on the Charlotte area. This allows the company to provide in-depth coverage and insights that are particularly relevant to its readers. The startup's clients include local businesses, event organizers, and other entities looking to promote their products or services to the Charlotte community.

In summary, Axios Charlotte is a digital media company that provides local news and information to the Charlotte community. It operates in the local news market, serving a diverse audience of residents. The company makes money through advertising and sponsored content, leveraging its large and engaged readership to attract local businesses and organizations.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2017
Headquarters
Arlington, United States
Employees
531
Open positions
None listed
Dealroom signal
62.5/100
Industry
Media
Sub-industry
Publishing
Sector
Consumer Services, Politics, Content
Technology
Mobile app
Client focus
b2b, b2c
Investment activity
2 companies, latest Jan 2022
Capital deployed
$0
Preferred round
SPINOUT

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing Aug 2022 $0 $525M Cox Enterprises ↗
SERIES DOther financing Nov 2021 — — Cox Enterprises —
Showing the latest 2 of 5 recorded eventsBook a demo for the full funding history →

Growth signals

Axios website traffic

Latest recorded traffic for Axios is 21M monthly website visits, down 41.7% over the last three months. Axios's team grew 0% over the past year.

Latest monthly visits21M 3-month web change-41.7% 1-year team growth0%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investors

13 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A10 investors entered at this stage

Series B and later3 investors entered at this stage

  • Glade Brook Capital Partners
  • Sujay Jaswa
  • Cox Enterprises
Team profiled 53 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Arlington HQ
Book a demo for the full country breakdown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Axios on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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