Tradeshift

Tradeshift is a global business-to-business platform that helps companies run more efficiently, using cloud-based technology to improve processes like invoicing, workflow and supplier financing.

Tradeshift brings all companies, big and small, together to transact, connect and collaborate with each other.

Tradeshift was founded in Copenhagen, Denmark in May 2010 by Christian Lanng, Mikkel Hippe Brun, and Gert Sylvest. The company is headquartered in San Francisco with offices in Copenhagen, New York, London, Paris, Suzhou, Sydney, Oslo, Frankfurt, Shanghai, Bucharest, Kuala Lumpur, Stockholm, Tokyo and Munich.

 

Tradeshift connects over 1.5 million companies across 190 countries, processing over half a trillion USD in transaction value, and its supply chain marketplaces contain more than 35 million SKUs. Procurement, treasury, and AP departments use Tradeshift’s supply chain payments and marketplaces to digitally transform their supply chain.

 

Tradeshift is backed by investors including Goldman Sachs, PSP Investments, Wipro Ventures, American Express Ventures, HSBC, & Santander InnoVentures among others.  The company raised $240M in a latest financing on Jan 14, 2020. This new round brings Tradeshift's total funding to $672M to date.  

 

Tradeshift was valued at $1.1B from it's Series funding round on May 29, 2018. The company has also acquired IBX Business Network, Merchantry & Hyper Travel, & Babelway, as well as made a $25M investment on Oct 25, 2011.

 

Tradeshift has won numerous awards, including being recognized as one of the top 50 cloud computing companies to work for in 2016 and 2018 by a partnership between Glassdoor and Battery Ventures. They were positioned as a Visionary in the Gartner 2018 Magic Quadrant for Procure-to-Pay Suites.

 

 

  • Year founded: 2010
  • Funding Info: $672M over 9 Rounds (Latest Funding Type: Private Equity)- Tradeshift has also acquired IBX Business Network, Merchantry, Hyper Travel & Babelway, as well as made a $25M investment on Oct 25, 2011.
  • Yearly Revenue: $300M-$500M (2019)
  • Employee Size: 1000-5000
  • Business Valuation: Valued at $1.1B as of May 29, 2018
  • City/Town: San Francisco
  • State: California
  • Country: United States
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