# Midaxo

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/midaxo

- Industry: Internet
- Headquarters: Helsinki, Finland
- Website: www.midaxo.com
- Total disclosed funding: $21M
- Latest round: Series B (Mar 29, 2018)
- Investors on record: 5

## About

Midaxo Ltd. is a software company that specializes in work management solutions for corporate development and mergers and acquisitions (M&A), enhancing workflow efficiency and collaboration through its innovative platform.Founded in 2011, Midaxo Ltd. is headquartered in Helsinki, Finland, focusing on delivering a centralized platform for corporate development and M&A activities. The company was co-founded by Iiro Sinisalo. Midaxo has successfully completed three deals, with the most recent deal occurring on March 29, 2018. In this round, they raised EUR 12.9 million in a Series B funding led by Idinvest Partners, along with participation from returning investors EOC Capital and Finnish Industry Investment.Midaxo provides a comprehensive work management software platform specifically designed for corporate development and mergers and acquisitions (M&A). The platform centralizes workflows, documents, and data, moving away from traditional methods that rely on tools such as Excel and email. Key functionalities include role-based dashboards, customizable playbooks, and integrated analytics that facilitate collaboration among internal teams and external stakeholders. Midaxo’s offerings are targeted primarily at corporate development teams, private equity firms, and organizations engaged in frequent acquisitions, aiming to streamline processes from deal sourcing through integration. The platform serves a diverse client base across various industries, including healthcare, financial services, and technology, with a particular focus on markets in North America and Europe.In the most recent financial year of 2023, Midaxo generated revenue totaling EUR 6,960,787.80 with a reported EBITDA of EUR -3,541,509.10. The company operates a subscription-based revenue model, allowing clients continuous access to its suite of tools and services for corporate development and M&A management.Looking ahead, Midaxo plans to expand its product offerings and explore new geographic markets. Recently secured funding from the Series B round will be allocated to product development and market expansion initiatives. The company aims to innovate its platform with new features tailored for emerging trends in the M&A landscape. Additionally, Midaxo is targeting further growth in North American and European markets, leveraging insights from the recent funding round led by Idinvest Partners to enhance their market presence.

## Funding rounds

- Series B, Mar 29, 2018, $16M — Idinvest Partners, Tesi, Stella Capital
- Series A, Nov 14, 2016, $3.9M — Tesi, Stella Capital
- Seed, Apr 1, 2015, $1.6M — Finnvera, Hiidenkivi Investment

## Investors

- Finnvera (https://capitalatlas.ai/funds/finnvera) — Seed
- Hiidenkivi Investment — Seed
- Tesi (https://capitalatlas.ai/funds/tesi) — Series A, Series B
- Stella Capital (https://capitalatlas.ai/funds/stella-capital) — Series A, Series B
- Idinvest Partners (https://capitalatlas.ai/funds/idinvest-partners) — Series B