Tradeshift
Founded in 2010, Tradeshift is the world’s largest business commerce platform that connects buyers and sellers. Tradeshift connects over 1.5 million companies across 190 countries, processes over half a trillion USD in transaction value yearly, and has a marketplace containing 28 million SKUs. It offers solutions for procure to pay, supplier engagement and financial services, and enables companies and partners to build custom or commercial apps on its business commerce platform.
Businesses rely on Tradeshift to connect their supply chains digitally in order to get their spend under management, accelerate the buying process, automate e-invoicing, and more. Leading enterprises choose Tradeshift to optimize their entire source-to-pay cycle and run their best practices on the platform because it is open and flexible with its unique app infrastructure.
Tradeshift is challenging the status quo of boring, bureaucratic software that was built on the belief that silos and control are the best way to get ahead. Tradeshift enables the entire world to participate in trade, not just the lucky few.
It acquired Capgemini’s IBX Business Network in April 2017.
Key company stats:
~$500B in yearly transacted value
>500 enterprise customers
550 employees
1.5 million companies on platform
>28m SKUs
100 apps in the app store
$187M in total VC funding
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About Tradeshift
Why Tradeshift?
More and more companies are turning to their leaders in procurement, finance, and supply chain to drive change through the digitalization of processes to enable frictionless data exchange and collaboration to unlock greater agility and flexibility. Tradeshift has emerged as the leading vendor delivering a highly scalable and secure global platform, proprietary and third-party integrated applications, and professional and financial services capable of delivering on this new, business-critical requirement.
From global Fortune 500s to sole proprietors, over 1.5 million businesses rely on Tradeshift to connect their supply chains digitally in order to get their spend under management, accelerate the buying process, automate e-invoicing, and more. Leading enterprises choose Tradeshift to optimize their entire source-to-pay cycle and run their best practices on the platform because it is open and flexible with its unique app infrastructure.
Mission
We are fighting for an open, connected, democratic way of doing business; for innovation that includes and empowers everyone in the trade process.
Tradeshift is challenging the status quo of boring, bureaucratic software that was built on the belief that silos and control are the best way to get ahead. Tradeshift’s business commerce platform enables the entire world to participate in trade, not just the lucky few.
History
In 2005, entrepreneurs Christian Lanng, Mikkel Hippe Brun and Gert Sylvest built a public e-invoicing network for the Danish National IT & Telecom Agency, which they saw as an opportunity to create something bigger. Two years later they built EasyTrade, the world’s first open-source trade platform that is still in use by 95% of the Danish government. By this time, their vision expanded to connect every business in the world, not just Europe, and Tradeshift was born in 2009 and launched in 2010 in five languages
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