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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.
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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.
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 | Source |
|---|---|---|---|---|---|
| 2018 | Funding round | $16M | - | - | |
| 2016 | Funding round | $4M | - | - | |
| 2015 | Funding round | $1.8M | - | - |
CEO
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
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Midaxo serves 300 customers.
Midaxo employs approximately 39 people as of 2026, down from 40 in 2023. It serves 300 customers that rely on its solutions.
Midaxo generates an estimated $5.7M in annual revenue.
Midaxo was founded by Ari Salonen.
The CEO of Midaxo is Ari Salonen.
Midaxo raised $21.8M across 3 rounds.
Midaxo has 39 employees.
Midaxo is headquartered in Boston, Massachusetts, United States.
Midaxo operates across multiple industries. Browse revenue, funding, and growth data for Midaxo in each sector below.
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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2024 Revenue
$5.7M(Est.)
Customers
300
Funding
$21.8M
Avg ACV
$19.1K
Team
39
Founded
2011
| Year | Milestone | Source |
|---|---|---|
| 2024 | Midaxo Hit $5.7m revenue in October 2024 | Estimated |
| 2023 | Midaxo Hit $4m revenue in October 2023 | Estimated |
| 2021 | Midaxo Hit $4.3m revenue in April 2021 | |
| 2011 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 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) |
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