Tradeshift: Raises $200m in debt and equity
- Tradeshift is a market leader in e-invoicing and accounts payable automation and an innovator in B2B marketplaces
- Secured more than $200m in funding and debt from a combination of existing and new investors, including Koch Industries
- Participation also came from IDC Ventures, LUN Partners, Private Shares, and Fuel Capital who increased their existing stake
- The capital will be used to optimize growth and balance sheet to continue scaling the business
- The additional backing from experienced and committed investors secures the path
- Pioneered the world’s first large-scale global trade network in the cloud with impressive growth rates through the pandemic