Finland · Series B startup

Who invested in Midaxo

3 rounds we have observed, with the 4 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Fintech

Funding summaryUpdated 26 Oct 2026

$22Mraised across 3 rounds since 2015, from 4 sources

$1.6MSeed$4.0MRound$16MSeries B
Latest round
Series B, $16MMar 2018
Step-upi
4×
Investors
4 (2 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

201620172018
$1.6MSeed$4.0MRound$16MSeries B
First round
Seed, $1.6M
Mar 2015
Biggest round
$16M
Series B · Mar 2018
Usual gap between rounds
20 months
the median of 2

The rounds

  1. Mar 2018
    Series B$16M1 new

    Reported by Unquote

  2. Nov 2016
    Round$4.0M2 new

    Reported by FinSMEs and 1 other

  3. Mar 2015
    Seed$1.6M1 new

    From a historical funding record

Founders and team

From Midaxo's own website: 1 on the team.

  • Alex WhitleyDirector of Corporate Development

AdvisersColin Harrold

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

EOC CapitalVC firm1round, led 1
Finnish Industry Investment LtdInvestment firm1round, led 1
Idinvest PartnersPrivate equity1round
Seed Fund Vera LtdVC firm1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

This firm lists Midaxo as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

Stella CapitalGrowth equityPer its own site

Quick answers about Midaxo

Who invested in Midaxo?

Midaxo's investors include EOC Capital, Finnish Industry Investment Ltd, Idinvest Partners and Seed Fund Vera Ltd.

How much has Midaxo raised?

Midaxo has raised $22M across 3 rounds since 2015.

When did Midaxo last raise?

Midaxo's most recent round was a Series B of $16M in Mar 2018.

What was Midaxo's biggest round?

Its most recent round, $16M in Mar 2018, is also its largest on record.

Who backed Midaxo first?

Midaxo's first round on record, in Mar 2015, was backed by Seed Fund Vera Ltd.

What stage is Midaxo at?

Midaxo's latest named round is a Series B, in Mar 2018.

Where is Midaxo based?

Midaxo is based in Finland.

Who led Midaxo's rounds?

EOC Capital led the Undisclosed round in 2016.

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In the same sector, and raised in the last eighteen months.

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