Over the last 15 years we’ve been witness to a boom in the founding of companies creating innovative products from amazing companies like Away, Bonobos, Warby Parker… the list goes on. The barriers of entry to building a global commerce brand are coming down for several key reasons:
As a business owner, you know that creating and distributing great products is foundational to your business, but too much of your time is still spent in paperwork - on the operations and logistics side of your business. Too often, the reason you started the business ends up being overwhelmed by the day-to-day logistics of operating your company.
At TradeGecko we understand this challenge and every day we ask ourselves:
These are just some of the questions that we’ve been working to answer, by building beautiful, easy to use software that simplifies the entire back-end operations of running a commerce brand. Today we’re announcing that TradeGecko has raised USD 10M in a Series B investment round, bringing us to over USD 20M raised to date. Led by TNB Aura Fund 1 and Aura Venture Fund, with Perle Ventures and 33 Capital, we’re using this additional capital to expand the team, enhance our product suite and allow us to better serve you by helping to build the businesses of your dreams. This is a significant event in the history of TradeGecko, but it is only a milestone on the road to bigger and better things. From our humble beginnings in 2012, we’ve grown from a team of 3 to 95 presently serving over 15,000 users in 90 countries; in the last year we’ve enabled our customers to process over USD 2B in gross merchandise volume.
TradeGecko has created and fostered a cloud ecosystem that brings the power of Amazon’s supply chain technology to small and medium businesses. Within the last six months, we’ve extended our supply chain ecosystem by bringing our total partner count to 1,800, adding 20 new integrations and greatly expanding our product functionality, including:
Although this Series B announcement is one to be proud of, our story is still in its infancy.
Delivering value around the world:
The primary purpose of this round was to rapidly grow our engineering, customer support and sales teams around the world and continue to accelerate product development.
As we look to further the democratization of supply chain management, we recognize that you need a robust platform to not only manage your day-to-day operations in inventory and order management, but one that also allows you to easily manage customer relationships, multi-channel sales, shipping, fulfillment, warehouse management, procurement and provide accessible analytics that can help you make better decisions. We will be making significant product investments in these areas both on the TradeGecko platform and with our ecosystem partners.
Going forward you’ll see us invest in areas of TradeGecko that you love:
Above all, I’d like to thank our customers, our investors & advisors, our partners and of course our tremendous employees and their families. It truly does take a village, and I’m proud to say that the TradeGecko village is growing.
CEO & Co-Founder
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