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Tradeshift

464 employees

Leading AP automation software | Reduce processing cost by 90% | For large and mid-sized companies | Our customers include DHL, Danone, HSBC, Kuehne + Nagel, and Air France KLM. Our platform automates accounts payable, e-invoicing, and procurement, generating huge efficiencies and cost savings for buyers and suppliers. Advanced AI-driven invoice processing eliminates manual tasks, reducing manual coding by up to 99.5%. Last year, we saved customers over 3 million hours of manual work, cutting invoice processing costs tenfold. Tradeshift ensures e-invoicing compliance in over 70 countries, including China, and is a registered Plateforme Dematerialization Partenaire (PDP) in France. Our global compliance-as-a-service capabilities keep you ready for e-invoicing and clearance mandates worldwide. Our tailored onboarding approach and unique supplier value proposition deliver 80%+ e-invoicing adoption across our customers’ supplier bases. The Tradeshift network connects over one million businesses in 190 countries. We add an average of 30,000 new supplier connections each month. Recognised as the top Procure to Pay solution by Spend Matters, Tradeshift helps businesses Digitise, Automate, and Grow—delivering tangible value across your digital transformation. Find out more at: www.Tradeshift.com

Investor insights

Funding rounds participated in

$70M sweet spot round size

Investor type

Privately Held

Basic info

Industry

Software Development

Sectors

Software Development

Date founded

2009

Funding rounds raised

Total raised

$70M

from 2 investors over 1 rounds

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Tradeshift raised $70M on August 31, 2023

Investors: HSBC and + 7 Other investors

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