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Sf’S Tradeshift, A Supply Chain Finance Platform, Raises $200M

Dec 09, 2021•over 3 years ago

Amount Raised

$200 Million

San Francisco

Description

Tradeshift — the late-stage startup tackling supply chain financing — has announced a $200 million funding round in equity and debt from a combination of existing and new investors, including Koch Industries, the giant industrial conglomerate. Also participating were IDC Ventures, LUN Partners, Private Shares, and Fuel Capital who increased their existing stakes in the company.

Company Information

Company

Tradeshift

Location

San Francisco, California, United States

About

The company said the capital would be used to “optimize Tradeshift growth and balance sheet to continue scaling the business.” In 2018 the company said its valuation was $1.1 billion during a $250 million funding round. Tradeshift has a portfolio of enterprise SaaS, marketplace, and fintech products serving a B2B marketplace. Tradeshift says the cumulative value of transactions processed across its network has “passed the $1 trillion mark, having doubled in two years.” Based on this new round, San Francisco-based Tradeshift reportedly has a valuation of more than $2 billion. Tradeshift also has American Express Ventures, HSBC (HSBA.L), Goldman Sachs (GS.N) and Wipro Digital as investors.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech