Axios HQ Acquires Mixing Board to Transform the Communication Industry | Martech Edge | Best News on Marketing and Technology
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Axios HQ Acquires Mixing Board to Transform the Communication Industry

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Axios HQ Acquires Mixing Board to Transform the Communication Industry

Axios HQ Acquires Mixing Board to Transform the Communication Industry

Business Wire

Published on : Dec 10, 2024

Axios HQ, a leader in internal communication solutions powered by Smart Brevity and AI, has acquired Mixing Board, a premier community of top communication, branding, and marketing leaders. This partnership aims to redefine communication excellence and empower organizations with tools and insights to succeed.

Shared Vision and Mission

  • Axios HQ’s Expertise:

    • Known for software, training, and editorial services, Axios HQ supports thousands of top organizations in enhancing communication.
  • Mixing Board’s Legacy:

    • A trusted community that connects leaders in communication, elevating their expertise and driving industry advancement.
  • Unified Goal:

    • To advance the communication industry by equipping leaders with tools and strategies that prioritize impactful communication at all levels.

Strategic Insights from Leaders

  • Roy Schwartz, CEO of Axios HQ:

    • “Effective communication is critical to an organization’s success. Together with Mixing Board, we’re providing unique data and tools to empower communication leaders.”
  • Sean Garrett, Founder of Mixing Board:

    • “This partnership amplifies Mixing Board’s mission to support communicators as they navigate complex challenges and connect internal and external audiences.”

Key Highlights of the Acquisition

  • Formation of an Advisory Board:

    • Notable members include industry leaders like Shannon Brayton (Bessemer Venture Partners), Geoff Morrell (Teneo), and Carolyn Penner (formerly of Dyson and Twitter).
  • Details of the Deal:

    • Closed on November 27, 2024.
    • Mixing Board’s investors, including Bloomberg Beta, reinvested in Axios HQ.
    • Sean Garrett joins Axios HQ as Chief Communications Officer and President of Mixing Board.
  • Growth Opportunities:

    • Axios HQ will expand Mixing Board’s community resources while offering strategic support to Axios HQ’s customers.

About Axios HQ and Mixing Board

  • Axios HQ:

    • Founded in 2021, spun out in 2022 after Cox Enterprise’s acquisition of Axios Media.
    • Raised $20M Series A in 2023, achieving $10M ARR within three years.
    • Serves clients like American Airlines, WeightWatchers, and the U.S. Chamber.
  • Mixing Board:

    • Launched in 2021, featuring 450+ senior members and a 1,000+ person waitlist.
    • Offers resources such as workshops, consultations, and live events.

The integration of Axios HQ’s Smart Brevity tools with Mixing Board’s robust community of communication leaders marks a transformative step for the communication industry. Together, they aim to empower organizations, foster innovation, and elevate the role of communication in driving business success.