Axios
Added Apr 26, 2020
Axios is an American news website that was founded in 2016 and launched in 2017. Since their inception, Axios has managed to raise $57 Million in funding over 3 rounds. Axios is known for their digital media presence from Facebook and Snapchat to their own website.
Company Behavior Summary
- Despitebeing backed by numerous billionaires and big name companies, Axios applied for and secured a $5 million forgivable Paycheck Protection loan intended for struggling small businesses.
- It should be noted that they returned the money after publicity regarding this loan went viral.
Sources
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