Midigator LLC

Midigator LLC specializes in chargeback management and reporting solutions, providing technology designed to streamline payment dispute processes and enhance revenue recovery for businesses across various industries. Midigator LLC, founded in 2013 and headquartered in American Fork, US, focuses on chargeback management. The company had a recent pivot with the acquisition by Equifax, Inc. in July 2022 from LLR Partners, which aims to enhance its digital network capabilities.

Corey Baggett serves as the CEO. The company has completed a total of two deals, with the most recent deal on July 26, 2022. Midigator raised a total of USD 30. 00 mn in its latest funding round, known as Growth, with LLR Partners as the investor.

Midigator delivers a comprehensive suite of chargeback reporting and management solutions designed to simplify payment dispute complexities. Key offerings include Intelligent Dispute Responses, Chargeback Prevention Alerts, In-Depth Analytics, and the proprietary DisputeFlow™ technology, which automates dispute management. These solutions help businesses prevent chargebacks, recover lost revenue, and improve performance by allowing a focus on core operations. Midigator serves diverse clients in industries such as e-commerce and retail, mainly in North America and Europe, while enhancing fraud detection through integration with Kount.

Midigator operates on a subscription-based revenue model, granting clients access to its chargeback management services. Clients typically engage through annual or monthly plans, with offerings including Intelligent Dispute Responses and Chargeback Prevention Alerts. Revenue is primarily generated from direct B2B transactions, where businesses utilize Midigator’s solutions to mitigate chargeback risks and improve revenue recovery. The collaboration with Kount adds further value to clients through enhanced features and capabilities.

Midigator plans to leverage its recent acquisition by Equifax, Inc. to enhance its digital network platform and broaden client engagement. While specific upcoming products have not been detailed, the acquisition is set to facilitate expanded capabilities. Midigator targets growth in new markets and regions, focusing on strengthening its presence in North America and Europe.

The recent funding will support these initiatives and is expected to drive further development of their technology and service offerings.