Midaxo Raises $4M in Series A Funding Round

midaxoMidaxo, a provider of mergers and acquisitions (M&A) software, raised $4m in funding.

The round was led by EOC Capital and Finnish Industry Investments (FII).

The company, which has raised approximately $7m in total funding to date, intends to use the capital to expedite product development and expand customer-facing activity across its offices in Amsterdam, Boston, Helsinki, and Riga.

Led by Ari Salonen, CEO, Midaxo provides cloud software for acquirers to simplify and digitize their M&A activity accessing to a systematic and collaborative process from target identification to due diligence and integration.
Today, the company supports almost one hundred customers in the United States and Europe. including ADT, Hewlett-Packard Enterprise, Hitachi Rail, Philips, and PTC.



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