Tradeshift

b2b fintech

FOUNDING YEAR: 2009
LOCATION: United States
Last Update: 17/07/2020

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About

Tradeshift drives supply chain innovation for the digitally connected economy. As the leader in supply chain payments and marketplaces, we help buyers and suppliers digitize all their trade transactions, collaborate on every process, and connect with any supply chain app. More than 1.5 million companies across 190 countries trust Tradeshift to process over half a trillion USD in transaction value, making it the largest global business network for buying and selling. Tradeshift 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.

MEDICI Analysis

Tradeshift is a B2B supply chain platform that connects buyers, suppliers, and all their processes. Tradeshift helps businesses of every size to run more efficiently by using cloud technology to improve processes like AP automation, procurement, supplier management, and working capital optimization. Tradeshift’s open platform enables third parties to build business apps. Recently, Tradeshift was selected for the 2019 Forbes Fintech startups list.

Focus

PRODUCTS & SERVICES

A SaaS-based B2B platform for suppliers and enterprises to bring together, transact, connect, and collaborate with each other. For suppliers: Deliver free electronic invoicing, enabling faster payments and predictable cash flow. For enterprises: empowering them to work more easily and productively with their entire supply chain. The company offers the following products and services such as: Tradeshift Buy, an eProcurement software that enables users to find and buy from various online sources. Tradeshift Pay, an AP automation platform that manages and collaborates business documents, including invoices, purchase orders, credit notes, and W9 forms. Tradeshift Risk, which collects the risk data, stores, and analyzes the data. Tradeshift Apps that expands buy, risk, and pay to cover supplier interactions.

REVENUE MODEL

Tradeshift makes money by charging a fee for using the service and sharing revenue with app developers who sell on the platform.

MAIN CLIENTS

Zurich Insurance Group

Air France-KLM

Archer Daniels Midland

CBRE

DHL

and National Health Service.

EXISTING PARTNERSHIPS

Partnered with financial firms: Citibank

Barclaycard

American Express

i-Faber Unicredit Group

StockonDeals

Synertrade

etc. Partnered with technology firms: HP

Infosys

Wipro

L&T Infotech

Cognizant

Quyntess

etc. Some of the other partners are Amazon

Intuit

Atos

Deloitte

Xerox

Paypal

Upwork

riskmethods

etc.

Traction

VALUATION / MARKET CAP:

$1.2 B in 2018

VALUATION COMMENT:

After the latest funding round, the company's valuation is at $1.2 billion. (May 2018)

COMPANY TYPE:

For Profit

REVENUE

$10M+ in 2018

REVENUE COMMENT:

In the final quarter of 2018, the company's total contract value was $59 million. The company's annual revenue growth rate is at 178% YoY. (Jan. 2019)

TRANSACTIONS VALUE:

$500 B in 2019

TRANSACTIONS COMMENT:

The company is processing supply chain payments worth $500 billion annually. (Apr. 2019)

ACTIVE USERS COMMENT:

Present, the company is working with over 1.5 million customers across 19 countries. (Apr. 2019)

TRACTION COMMENT:

In 2018, the company saw a 250% growth rate in new bookings and 262% in gross merchandise volume. (Jan. 2019)

company provided insights
Web Traffic

Web Traffic

MONTHLY VISITS

122,919

AVERAGE VISITS (6 MONTHS)

120,417.05

MONTHLY VISITS GROWTH

9.21%

VISIT DURATION

393

VISIT DURATION GROWTH

-18.83%

PAGE VIEWS VISIT

8.81

PAGE VIEWS VISIT GROWTH

-15.83%

BOUNCE RATE

36.35%

BOUNCE RATE GROWTH

11.22%

GLOBAL TRAFFIC RANK

178,002

MONTHLY RANK CHANGE

-33,210

MONTHLY RANK GROWTH

-15.72%

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