Axios Raises $20 Million to Fund Newsroom Expansion

Posted Friday, November 17, 2017 7:54 am

Benjamin Mullin | Wall Street Journal

Less than a year after Politico co-founder Jim VandeHei launched the media startup Axios with plans to upend the way news organizations deliver stories and advertising, the company is plotting a major expansion of its newsroom.

To fund the expansion, Axios has raised $20 million, according to Axios co-founder and President Roy Schwartz.

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Axios Raises $20 Million to Fund Newsroom Expansion

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