2024 Revenue
$5.7M
Customers
300
Funding
$21.8M
YOY
43%
Avg ACV
$19.1K
Team
39
Founded
2011
How Midaxo CEO Ari Salonen grew to $5.7M revenue and 300 customers in 2024.
Provider of a cloud-based platform designed to manage merger and acquisition pipelines. The company's cloud-based platform offers a single point storage where all relevant documents, findings and communications are stored securely from which information can extracted any point of time and it required no training or implementation, enabling businesses to grow with the help of informed decision through mergers.
Last updated
Midaxo Revenue
In 2024, Midaxo's revenue reached $5.7M. The company previously reported $4M in 2023. Since its launch in 2011, Midaxo has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Midaxo Hit $5.7m revenue in October 2024 | |
| 2023 | Midaxo Hit $4m revenue in October 2023 | |
| 2021 | Midaxo Hit $4.3m revenue in April 2021 | |
| 2011 | Launched with $0 revenue |
Midaxo Valuation, Funding Rounds
Midaxo has not publicly disclosed its valuation. The company has raised $21.8M in total funding to date.
Midaxo has raised $21.8M in total funding across 3 rounds, with its most recent round in 2018.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2018 | Funding round | $16M | - | - | |
| 2016 | Funding round | $4M | - | - | |
| 2015 | Funding round | $1.8M | - | - |
Founder / CEO
Ari Salonen
Professional life in keywords: management consulting, start-up, growth company, scale-up, SaaS, enterprise software, M&A, mergers & acquisitions, corporate development, technology, fintech, GRC, purchase-to-pay, procurement, payments, credit scoring, cybersecurity, VC funded, board member, board director, non-executive director, international, global, Europe, USA
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
Midaxo serves 300 customers.
Midaxo Employees & Team Size
Midaxo employs approximately 39 people as of 2026, down from 40 in 2023. It serves 300 customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 39 employees (December 2024) |
| 2024 | Reached 40 employees (October 2024) |
| 2023 | Reached 40 employees (October 2023) |
| 2022 | Reached 49 employees (October 2022) |
| 2021 | Reached 52 employees (December 2021) |
| 2021 | Reached 57 employees (April 2021) |
Frequently Asked Questions about Midaxo
What is Midaxo's revenue?
Midaxo generates $5.7M in revenue.
Who founded Midaxo?
Midaxo was founded by Ari Salonen.
Who is the CEO of Midaxo?
The CEO of Midaxo is Ari Salonen.
How much funding does Midaxo have?
Midaxo raised $21.8M.
How many employees does Midaxo have?
Midaxo has 39 employees.
Where is Midaxo headquarters?
Midaxo is headquartered in Boston, Massachusetts, United States.
Compare Midaxo to the industry
Midaxo operates across multiple industries. Browse revenue, funding, and growth data for Midaxo in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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