Axios

Axios

Local news and information provider

About

Axios Charlotte delivers news and information specifically for the Charlotte, North Carolina community. It covers a variety of topics such as careers, real estate, travel, startups, food and drink, philanthropy, and family-related issues. The company creates engaging content to attract a loyal readership, primarily generating revenue through advertising and sponsored content. By partnering with local businesses, Axios Charlotte offers targeted advertising that resonates with its audience. Its daily newsletter, which has over 107,000 subscribers, features curated news stories and events, providing a valuable platform for advertisers. Unlike many competitors, Axios Charlotte focuses solely on the local market, allowing for in-depth coverage that is particularly relevant to its readers. The goal of Axios Charlotte is to keep the community informed and connected through high-quality local news.

Company Stage

Acquired

Employees

501-1,000

Industries

Consumer Goods, Entertainment

Total Funding

$55.4M

Headquarters

N/A

Founded

2017


Simplify Jobs

Simplify's Take

What believers are saying

  • The company's strong local presence and community engagement make it a trusted source of news for Charlotte residents.
  • The high engagement rate of its newsletter provides a valuable platform for advertisers, potentially leading to increased revenue.
  • Events like the Power Players party and partnerships with organizations like Shipt enhance Axios Charlotte's brand visibility and community impact.

What critics are saying

  • The reliance on advertising and sponsored content makes Axios Charlotte vulnerable to economic downturns that affect local businesses' advertising budgets.
  • Competition from other local news outlets and digital platforms could impact readership and revenue.

What makes Axios unique

  • Axios Charlotte's hyper-local focus allows it to provide in-depth, community-specific news coverage that national competitors cannot match.
  • The substantial subscriber base of over 107,000 for its daily newsletter offers a highly targeted platform for local advertisers.
  • Partnerships with local businesses and organizations enable Axios Charlotte to offer highly relevant and effective advertising opportunities.

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Benefits

Competitive salary

Health insurance (100% paid for individuals, 75% for families)

Primary caregiver 12-week paid leave

401(k)

Generous vacation policy, plus company holidays

Company equity

Commuter and cell phone benefit

A commitment to an open, inclusive, and diverse work culture

Annual learning and development stipend

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