Tradeshift provides a cloud-based platform that connects buyers and suppliers to digitize and automate source-to-pay workflows. Its network helps enterprises onboard suppliers, exchange e-invoices, manage approvals, and finance payables through embedded early payment and supply chain financing tools.
By combining procurement, invoicing, and payments in one connected ecosystem, Tradeshift enables organizations to reduce manual effort, improve working capital, and gain visibility into global spend.
What Is Tradeshift and What Does It Do?
Tradeshift, founded in 2010 by Mikkel Hippe and Gert Sylvest, is a cloud-based source-to-pay management solutions provider based in San Francisco, United States. Tradeshift employs between 501 and 1,000 employees as of July 2024.
The company offers a platform for supplier onboarding, e-invoicing, approval workflows, and embedded payment and financing solutions. By connecting buyers and sellers on a unified network, Tradeshift streamlines procurement, improves compliance, and unlocks new opportunities for digital trade and working capital optimization.
How Much Funding Has Tradeshift Raised?
1. Series G
- Amount Raised: $70M
- Lead Investors: HSBC, LUN Partners Group, Fuel Venture Capital, Doha Venture Capital, Notion, IDC Ventures, The Private Shares Fund
- Motivation: To expand embedded finance offerings, scale the global commerce network, and accelerate go-to-market across key regions.
2. Series F
- Amount Raised: $200M
- Lead Investors: Koch Industries, IDC Ventures, LUN Partners Group, The Private Shares Fund, Fuel Capital
- Motivation: To strengthen the balance sheet, invest in product innovation, and support large enterprise deployments.
Total Funding Raised: $1.24 Billion
Current Valuation: $2 Billion (as of December 2021)
Latest Funding Date: August, 2023
Key Investors
1. Koch Industries
- Details: A large privately held industrial conglomerate with global operations.
- Investment Focus Areas: Energy, manufacturing, technology, and enterprise solutions.
- Notable Investments: Tradeshift and various industrial technology ventures.
2. HSBC
- Details: A global banking and financial services organization with a strong corporate and trade finance franchise.
- Investment Focus Areas: Financial services, trade finance, fintech.
- Notable Investments: Tradeshift and strategic fintech partnerships.
3. LUN Partners Group
- Details: A global investment firm backing cross-border and technology-enabled businesses.
- Investment Focus Areas: Fintech, enterprise SaaS, cross-border commerce.
- Notable Investments: Tradeshift and other digital finance platforms.
Where Is Tradeshift’s Headquarters?
Tradeshift is headquartered in San Francisco, United States, a major hub for enterprise SaaS, fintech, and cloud-native companies. The location allows access to leading technology talent, investors, and large global enterprises.
What’s Next for Tradeshift?
Tradeshift is expected to double down on embedded finance, digital trade, and network-based payments. With fresh Series G capital and strategic backing from global institutions, the company aims to expand its buyer–supplier network, deepen its financing products, and partner with large banks and payment providers to digitize supply chains worldwide.
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