Midaxo, the leading software platform for corporate dealmaking, has experienced significant growth and expansion in the first half of 2023. The company has doubled its number of new customers signed and successfully migrated all of its existing customers to its new cloud-based platform. This growth is a testament to Midaxo’s commitment to providing comprehensive solutions for corporate development teams.
One of the key factors driving Midaxo’s success is the recognition that corporate dealmaking is crucial for driving inorganic corporate growth. However, dealmaking teams need optimized processes to identify targets, conduct due diligence, and manage post-merger integrations effectively. Midaxo’s Cloud for Corporate Development platform addresses these needs by offering greater insight into targets, automating due diligence, and streamlining the integration of acquisitions.
In the realm of funding, Midaxo recently completed a round of funding from its existing investors. These funds will be used to expand Midaxo’s sales, marketing, and engineering capabilities to accelerate its growth in the market for cloud solutions for corporate development. Additionally, Midaxo is exploring opportunities to apply artificial intelligence (AI) to further enhance corporate development processes.
Midaxo’s commitment to innovation is evident in the launch of its new platform, the Midaxo Cloud for Corporate Development. This platform simplifies and accelerates corporate dealmaking processes, providing centralized oversight across all deal pipelines. It offers three crucial capabilities: pipeline management, target evaluation, and post-deal integration. Midaxo has also released new features such as Value Tracker, Deal Scoring, and Target Insights, delivering even greater value to its customers.
In terms of thought leadership, Midaxo has actively participated in conferences and webinars to showcase the advanced capabilities of its AI-powered corporate dealmaking platform. By sponsoring events like the Transaction Advisors M&A Conference and collaborating with industry experts, Midaxo aims to foster dialogue and exchange best practices among corporate development leaders.
As Midaxo looks ahead to the second half of 2023, the company is poised to deliver new AI-powered capabilities that will further improve the dealmaking process. Midaxo CEO Jude McColgan expects even better results and remains confident in the ability of Midaxo’s platform to drive faster and more efficient dealmaking.
Overall, Midaxo’s impressive growth, funding, and commitment to innovation position the company as a leader in the corporate development software space. With its comprehensive platform and dedication to customer success, Midaxo continues to provide valuable solutions for corporate dealmaking teams.
