TradeDepot - About the company
TradeDepot is a series B company based in Lagos (Nigeria), founded in 2015 by and . It operates as a Provider of software solutions for B2B manufacturers and retailers for redistribution of stocks. TradeDepot has raised $123M in funding from investors like IFC, Partech Partners and MSA. The company has 54 active competitors, including 19 funded and 3 that have exited. Its top competitors include companies like Anchanto, Alerzo and Unicommerce.
Company Details
Provider of software solutions for B2B manufacturers and retailers for redistribution of stocks. The company provides dashboard to suppliers enabling them to manage secondary distribution which includes retail coverage and demand discovery and manages orders & inventories. They can also have a real-time view of the prices and discounts available from every major brand & can order those products which are then delivered to them as the order is routed to the appropriate nearby depot.
- Website
- Social
- Email ID
- @tradedepot.co
- Phone Number
- +234
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TradeDepot's funding and investors
TradeDepot has raised a total funding of $123M over 4 rounds. Its first funding round was on Mar 2018. Its latest funding round was a Conventional Debt round on Dec 06, 2021 for an undisclosed amount. 1 investor participated in its latest round, which include IFC, British International Investment, Partech Partners and Endeavor.
TradeDepot has 12 institutional investors including IFC, Partech Partners and MSA.
Here is the list of recent funding rounds of TradeDepot:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Dec 06, 2021 | Undisclosed | Conventional Debt | 1917883 | 7002130 | |
Nov 08, 2021 | $110M | Series B | 6000588 | 2823113 | |
Jul 14, 2020 | $10M | Series A | 4959122 | 9020420 | Partech Partners, IFC, and |
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TradeDepot's founders and board of directors
The founders of TradeDepot are and . is the CEO of TradeDepot.
View details of TradeDepot's Founder profiles and Board Members
TradeDepot's Competitors and alternates
Top competitors of TradeDepot include Anchanto, Alerzo and Unicommerce. Here is the list of Top 10 competitors of TradeDepot, ranked by ÃØÃÜÑо¿Ëù score :
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
|---|---|---|---|---|---|
1st | SaaS-based products and solution to e-commerce and logistic businesses | $16.1M | MDI Ventures, TransCosmosÌý&²¹³¾±è;Ìý | 65/100 | |
2nd | Provider of software solutions enabling informal distribution for retail businesses | $20M | FJ Labs, Signal Hill Equity PartnersÌý&²¹³¾±è;Ìý | 60/100 | |
3rd |  2015, Lagos (Nigeria), Series B | Provider of software solutions for B2B manufacturers and retailers for redistribution of stocks | $123M | IFC, British International InvestmentÌý&²¹³¾±è;Ìý | 60/100 |
4th |  Unicommerce 2012, Gurugram (India), Public | Provider of cloud-based e-commerce fulfillment solutions for e-commerce businesses | $11.1M | Nexus Venture Partners, Tiger Global ManagementÌý&²¹³¾±è;Ìý | 53/100 |
5th | FlixStock 2015, Cumming (United States), Series A | Provider of AI-based 3D model and image generation solutions for fashion retailers | $4.5M | Wavemaker Partners, Leo CapitalÌý&²¹³¾±è;Ìý | 53/100 |
6th | Provider of informal distribution logistics solutions for businesses | $66M | PROOF, Ludicrous VenturesÌý&²¹³¾±è;Ìý | 49/100 | |
7th |  OmniRetail 2019, Lagos (Nigeria), Series A | Supply-chain digitization solutions for retailers and brands | $20M | Norfund, Ìý&²¹³¾±è;Ìý | 48/100 |
8th |  OTO 2019, Riyadh (Saudi Arabia), Series A | Provider of multi-carrier solution for an eCommerce platform | $11M | Sanabil, Middle East Venture PartnersÌý&²¹³¾±è;Ìý | 47/100 |
9th | Provider of shipping solutions for online sellers | $18.6M | Bpifrance, Plug and Play Tech CenterÌý&²¹³¾±è;Ìý | 46/100 | |
10th | Provider of shipping and fulfillment solutions for e-commerce businesses | $1.32M | Techstars, Magic FundÌý&²¹³¾±è;Ìý | 45/100 |
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TradeDepot's Investments and acquisitions
TradeDepot has made no investments or acquisitions yet.
Reports related to TradeDepot
Here is the latest report on TradeDepot's sector:
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News related to TradeDepot
Media has covered TradeDepot for 1 event in last 1 year, It was about partnerships.
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ITWeb•Feb 24, 2022•, TradeDepot
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Retail Technology Innovation Hub•Dec 06, 2021•TradeDepot, IFC, NovaStar, Sahel Capital and 9 others
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