Tradeshift was founded in 2009 by Christian Lanng, Mikkel Brun, and Gert Sylvest. In an interview with CNBC in January 2020, CEO Christian Laang stated when discussing a potential IPO that “the goal is still 2021.” These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Tradeshift is a cloud-based business network and platform for supply chain payments, marketplaces, and apps. The company has raised approximately $600 million in Venture Capital funding from investors including ATW Partners, Fin Venture Capital, American Express Ventures, CreditEase, Data Collective, Data Collective, Voltage Ventures, Kleiner Perkins, Scentan Ventures, Kite Ventures, RTP Global, and Notion. Per company press releases, Tradeshift is in the process of raising up to $240 million, as of January 2020, at an undisclosed post-money valuation.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
07/31/2023 | Series E-1 | $50MM | $xx.xx | $2.31B | American Express Ventures, Creditease, Doha Venture Capital, Fuel Venture Capital, Goldman Sachs, Gp Bullhound, Hsbc, Idc Ventures, Koch Industries, Lun Partners, Notion Capital, Psp Investments, Santander Innoventures, The Private Shares Fund | |
Price per Share
$xx.xx
Shares Outstanding
2,850,628
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
American Express Ventures, Creditease, Doha Venture Capital, Fuel Venture Capital, Goldman Sachs, Gp Bullhound, Hsbc, Idc Ventures, Koch Industries, Lun Partners, Notion Capital, Psp Investments, Santander Innoventures, The Private Shares Fund
|
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07/31/2023 | Series E | $875MM | $xx.xx | $2.31B | American Express Ventures, Creditease, Doha Venture Capital, Fuel Venture Capital, Goldman Sachs, Gp Bullhound, Hsbc, Idc Ventures, Koch Industries, Lun Partners, Notion Capital, Psp Investments, Santander Innoventures, The Private Shares Fund | |
Price per Share
$xx.xx
Shares Outstanding
49,885,974
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
American Express Ventures, Creditease, Doha Venture Capital, Fuel Venture Capital, Goldman Sachs, Gp Bullhound, Hsbc, Idc Ventures, Koch Industries, Lun Partners, Notion Capital, Psp Investments, Santander Innoventures, The Private Shares Fund
|
||||||
06/09/2016 | Series D-2 | $3.56MM | $xx.xx | $574.3MM | American Express Ventures, Creditease, Dcvc, Hsbc, Notion Capital, Pavilion Capital, Regruit Strategic Partners, Rouven Dresselhaus, Santander Innoventures | |
Price per Share
$xx.xx
Shares Outstanding
273,770
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
American Express Ventures, Creditease, Dcvc, Hsbc, Notion Capital, Pavilion Capital, Regruit Strategic Partners, Rouven Dresselhaus, Santander Innoventures
|
||||||
06/09/2016 | Series D-1 | $3.56MM | $xx.xx | $574.3MM | American Express Ventures, Creditease, Dcvc, Hsbc, Notion Capital, Pavilion Capital, Regruit Strategic Partners, Rouven Dresselhaus, Santander Innoventures | |
Price per Share
$xx.xx
Shares Outstanding
273,770
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
American Express Ventures, Creditease, Dcvc, Hsbc, Notion Capital, Pavilion Capital, Regruit Strategic Partners, Rouven Dresselhaus, Santander Innoventures
|
||||||
06/09/2016 | Series D | $67.88MM | $xx.xx | $574.3MM | American Express Ventures, Creditease, Dcvc, Hsbc, Notion Capital, Pavilion Capital, Regruit Strategic Partners, Rouven Dresselhaus, Santander Innoventures | |
Price per Share
$xx.xx
Shares Outstanding
5,221,691
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
American Express Ventures, Creditease, Dcvc, Hsbc, Notion Capital, Pavilion Capital, Regruit Strategic Partners, Rouven Dresselhaus, Santander Innoventures
|
||||||
02/25/2014 | Series C-1 | $11.08MM | $xx.xx | $309.38MM | Scentan Ventures | |
Price per Share
$xx.xx
Shares Outstanding
947,389
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Scentan Ventures
|
||||||
02/25/2014 | Series C | $70.25MM | $xx.xx | $309.38MM | Scentan Ventures | |
Price per Share
$xx.xx
Shares Outstanding
6,005,504
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Scentan Ventures
|
||||||
12/03/2013 | Series B | $28.08MM | $xx.xx | $165.08MM | Kite Ventures, Notion Capital, Ru-Net | |
Price per Share
$xx.xx
Shares Outstanding
3,119,666
Liquidation Pref Order
5
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Kite Ventures, Notion Capital, Ru-Net
|
||||||
05/16/2011 | Series A | $8.71MM | $xx.xx | $87.08MM | Notion Capital | |
Price per Share
$xx.xx
Shares Outstanding
1,829,000
Liquidation Pref Order
6
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Notion Capital
|