Tradeshift Raises $70M, Launches Financing Jv With Hsbc Focused On B2B Trade
08/01/23, 12:12 PM
Location
san franciscoMoney raised
$70 million
Industry
information technology
professional services
other
software
commerce and shopping
Global trade has been in a slump, in part due to ongoing economic pressures in the wake of the Covid-19 pandemic. Now, with some glimmers of recovery on the horizon, a startup that’s built business around tools to enable B2B trading has raised some money and is launching a JV that it hopes will kickstart further activity.
Company Info
Location
san francisco, california, united states
Additional Info
Tradeshift is the business e-commerce and fintech platform that redefines the way B2B buyers and sellers connect, trade and grow. The Tradeshift network connects over a million companies, enabling them to transact seamlessly and digitally with customers and suppliers anywhere in the world. Our unique blend of e-invoicing, marketplace commerce and embedded fintech services gives businesses the tools to streamline finance and procurement processes, access new markets, source new suppliers, and optimize working capital to suit their needs.