Midoco
Hilden, Germany
2021 Revenue
$816K
Funding
$0
Team
50
Founded
2005
Midoco Revenue (2021)
Midoco generated $816K in revenue in 2021.
Developer of technology software for the international travel industry. The company provides a software-based process and platform for travel distribution and traveling related updates.
Last updated
Midoco Revenue
In 2021, Midoco's revenue reached $816K.
| Year | Milestone | Source |
|---|---|---|
| 2021 | Midoco Hit $816k revenue in April 2021 | Not recorded |
| 2005 | Launched with $0 revenue |
Midoco Valuation, Funding Rounds
We do not have funding information about Midoco yet.
No funding has been reported for Midoco yet.
Founder / CEO
Steffen Faradi
CEO
As student Steffen started his own business in 1990 with technical services for travel agencies. A few years later, his career led him to Partners Software, where he took over sales management and built up an international team. In 2000 he moved to Hamburg to join DCS GmbH, which soon became part of Sabre. Here he built up the mid-office company Travel Management Systems as Managing Director and was Director Business Development at Sabre Germany. Early on, Steffen, together with Jörg Hauschild and Marcus Haarmann, developed a vision for a mid-office system of the future for the travel industry. Together they founded Midoco in 2005.
Customers
We do not have customer count information for Midoco yet.
Midoco Employees & Team Size
Midoco employs approximately 50 people as of 2026.
| Year | Milestone | Source |
|---|---|---|
| 2021 | Reached 50 employees (April 2021) | Not recorded |
Frequently Asked Questions about Midoco
Is Midoco still an independent company?
No. Midoco was acquired by Afinum.
What is Midoco's revenue?
As of 2021, Midoco generated $816K in revenue.
Who founded Midoco?
Midoco was founded by Steffen Faradi.
How many employees does Midoco have?
As of 2021, Midoco had 50 employees.
Where is Midoco headquartered?
Midoco is headquartered in Hilden, Germany.
Compare Midoco to the industry
Midoco operates across multiple industries. Browse revenue, funding, and growth data for Midoco 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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