Axonius

Overview

Axonius is a cybersecurity asset management firm founded in 2017 that focuses on asset inventory management and security solutions. Based in New York City, the company was established by Dean Sysman, Avidor Bartov, and Ofri Shur. Axonius has successfully raised $595 million, with key investors including Lightspeed Venture Partners, Accel, and Bessemer Venture Partners. The company specializes in cloud-based asset attack surface management solutions and has been instrumental in providing security management and assessment for connected devices.

Recent Developments

  • July 2025: Axonius was included in Fast Company's list of the World's Most Innovative Companies of 2025. This recognition highlights the company's advancements in cyber asset management, particularly with the introduction of the Axonius Asset Cloud, designed to integrate data across a multitude of sources to enhance visibility and actionable insights.
  • April 2025: Axonius launched "Axonius Exposures," a new solution aimed at unifying security findings, asset intelligence, and business context onto a single platform to improve risk and vulnerability management. The product aims to offer a comprehensive view of cyber asset vulnerabilities and was intended to streamline and improve risk prioritization and automated remediation strategies.
  • March 2025: Axonius secured FedRAMP Moderate Authorization, enhancing their capability to serve U.S. federal agencies by aligning with federal security standards.
  • March 2024: Axonius completed a $200 million Series E extension funding round, maintaining their valuation at $2.6 billion. This funding aimed to fuel further innovation and expansion amidst increasing demand for its asset management solutions.
  • Early 2024: The company continued to expand its executive team, with new strategic appointments to enhance product vision and federal sector growth, including hiring former Disney CISO Ryan Knisley as Chief Product Strategist.

Company Information

AttributeInformation
Founding Date2017
HeadquartersNew York City, NY, USA
FoundersDean Sysman, Avidor Bartov, Ofri Shur
Revenue$750 million as of May 2025
ProfitsNot publicly disclosed
Key InvestorsLightspeed Venture Partners, Accel, Bessemer Venture Partners
IndustryCybersecurity, Asset Management
Number of Employees500+

Early History

Founded in 2017, Axonius was spearheaded by three veterans of the Israeli military cyber intelligence sector: Dean Sysman, Avidor Bartov, and Ofri Shur. With an initial vision to enable comprehensive asset visibility in organizational environments, the company rapidly gained traction due to its innovative approach to asset management. By leveraging integrations with numerous data sources, Axonius quickly rose as a leader in the cybersecurity space, garnering attention for its capacity to seamlessly manage and secure devices across different infrastructures.

Company Profile and Achievements

Axonius has developed a robust platform for asset management that supports enterprises by delivering comprehensive visibility across all cyber assets. The company’s primary product suite includes the Axonius Asset Cloud, which integrates with over a thousand data sources to automate and enhance asset inventory, vulnerability management, and risk assessment processes.

  • Milestones:
    • Achieved $100 million in annual recurring revenue by 2023.
    • Developed cutting-edge asset management facilities; launched AxoniusX, a division focusing on advanced IT and security challenges in 2021.
    • Recognized by Gartner, Forbes, and other prestigious entities for its innovative solutions.
  • Strategic Relationships:
    • Partnered with cybersecurity firms and government agencies to expand federal sector initiatives.
    • Invested in talent acquisition to spearhead growth across various sectors, including public governance.

Current Operations and Market Position

Axonius is recognized for its cybersecurity asset management and SaaS management solutions, which center on providing an up-to-date asset inventory, uncovering security gaps, and streamlining security policy enforcement. The company has positioned itself as a market leader, competing with established firms by offering a rapid deployment infrastructure that integrates seamlessly with existing IT environments. Axonius serves a diverse clientele, including Fortune 500 companies and federal agencies, demonstrating a strong market position bolstered by a robust value proposition that addresses comprehensive asset visibility and proactive security management.

Conclusion

Axonius has established itself as a pivotal player in the cyber asset management sector, offering innovative solutions that address critical industry needs for visibility and actionability. The company's growth and strategic initiatives continue to carve out a significant market position, with their solutions being integral to enhancing security posture and managing IT assets comprehensively. Looking ahead, Axonius's continued focus on innovation and strategic expansion promises to keep them at the forefront of the cybersecurity industry, driving advancements that align with the dynamic needs of modern enterprises.

References

  1. TechCrunch
  2. Axonius Website
  3. PitchBook
  4. Forbes
  5. Globe Newswire
  6. Contrary Research
  7. StartUp Talky
  8. Tracxn
  9. Business Wire
  10. Crunchbase