What is Axio?
Founded in 2016 and headquartered in New York City, Axio provides an integrated cyber risk management platform designed to help organizations understand and mitigate their digital vulnerabilities. The company's comprehensive solution aims to bridge the gap between technical cybersecurity measures and business risk, offering a unified view of an organization's cyber posture. This strategic approach positions Axio as a key enabler for enterprises seeking to proactively manage their digital footprint and associated risks.
How much funding has Axio raised?
Axio has raised a total of $24.4M across 3 funding rounds:
Private Equity
$1.1M
Debt
$350K
Series B
$23M
Private Equity (2016): $1.1M, investors not publicly disclosed
Debt (2020): $350K led by PPP
Series B (2022): $23M supported by ISTARI, IA Capital Group, and Distribution Ventures
Key Investors in Axio
IA Capital Group
IA Capital Group is a New York-based private investment firm and manager of the Inter-Atlantic funds. IA Capital is dedicated to partnering with innovative entrepreneurs in venture and growth capital investments across insurtech and fintech.
Distribution Ventures
Distribution Ventures LLC is a company that operates in the Banking industry. It employs 5to9 people and has 1Mto5M of revenue. The company is headquartered in the United States.
ISTARI
Undisclosed investor participating in the funding round.
What's next for Axio?
The recent major strategic investment signals a pivotal moment for Axio, likely enabling the company to scale its operations, enhance its platform capabilities, and expand its market reach. This capital injection is anticipated to fuel further innovation in cyber risk assessment and management, potentially leading to new product development and strategic partnerships. Axio's focus on enterprise-level solutions suggests a continued emphasis on serving large organizations with complex security needs, aiming to become a leader in proactive cyber risk mitigation.
See full Axio company page
