# Axio funding: rounds and investors

> Axio has raised $23M across 1 round since 2022. Investors include Elevation Capital and Fin Capital. Every round with its source.

Source: https://millionrounds.com/company/axio (Millionrounds; every figure on the page links to its filing or article)

United States · [Series B startup](https://millionrounds.com/companies)

# Who invested in *Axio*

One round we have observed, with the 2 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cybersecurity

Funding summary Updated 26 Oct 2026

**$23M** raised across 1 round since 2022, from 1 source

- **Latest round:** Series B, $23M Aug 2022
- **Investors:** 2

See who backed them

## The rounds

- **Aug 2022** Series B **$23M** [Elevation Capital](https://millionrounds.com/fund/elevation-capital-2) [Fin Capital](https://millionrounds.com/fund/fin-capital) Source recorded SEC filing: $23M sold, first sale Aug 2022

## Founders and team

From Axio's own website: 2 founders, 4 on the team.

**Scott Kannry** Co-Founder and Chief Executive Officer

**David White** Co-Founder and President

- **Daniel Hirt** Chief Operating Officer
- **Nicole Sundin** Chief Product Officer
- **Bob Dudley** Chairman of the Board
- **Public Sector** Risk Manager

## Everyone who backed them

[Elevation Capital](https://millionrounds.com/fund/elevation-capital-2) VC firm **1** round

[Fin Capital](https://millionrounds.com/fund/fin-capital) Private equity **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=axio).

## Also claim to have backed them

This firm lists Axio as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Alteria Capital](https://millionrounds.com/fund/alteria-capital) Venture debt Per its own site

## Quick answers about Axio

### Who invested in Axio?

Axio's investors include Elevation Capital and Fin Capital.

### How much has Axio raised?

Axio has raised $23M across 1 round since 2022.

### When did Axio last raise?

Axio's most recent round was a Series B of $23M in Aug 2022.

### What was Axio's biggest round?

Its most recent round, $23M in Aug 2022, is also its largest on record.

### Who backed Axio first?

Axio's first round on record, in Aug 2022, was backed by Elevation Capital and Fin Capital.

### What stage is Axio at?

Axio's latest named round is a Series B, in Aug 2022.

### Where is Axio based?

Axio is based in the United States.

## Companies like Axio

In the same sector, and raised in the last eighteen months.

[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Opsin** $21M · Oct 2026](https://millionrounds.com/company/opsin)[**Harmonic Security** $68M · Oct 2026](https://millionrounds.com/company/harmonic-security)[**Reach Security** $60M · Oct 2026](https://millionrounds.com/company/reach-security)[**Persona** $210M · Oct 2026](https://millionrounds.com/company/persona)[**Hilt** $4.7M · Oct 2026](https://millionrounds.com/company/hilt)

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