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Tradeshift, founded in 2009 and headquartered in San Francisco, California, is a leading provider of supply chain payment and marketplace services. The company's cloud-based platform helps businesses digitize invoice processing, automate accounts payable workflows, and scale without limits. With a global network of 1.5 million buyers and sellers across 190 countries, Tradeshift has established itself as a major player in the B2B payments and supply chain management sector.
The company has shown impressive growth, with the cumulative value of transactions processed across its platform surpassing $1 trillion in July 2021. Tradeshift's customer base includes over 150 Fortune 500 companies, and it has secured partnerships with industry giants such as Volvo, L'Oréal, and Accenture. In 2021, Tradeshift reported a 52% year-over-year increase in active businesses transacting on its platform, demonstrating strong momentum in user adoption.
Tradeshift has successfully raised $839.5 million in funding to date, with its most recent Series F round in March 2021 valuing the company at $2.7 billion. This substantial funding and valuation growth indicate investor confidence in Tradeshift's business model and market potential.
While there are currently no official announcements regarding Tradeshift's IPO plans, the company's strong financial backing, impressive growth metrics, and position in the rapidly expanding B2B payments market make it a company to watch in the tech sector. The global B2B payments market, valued at $870 billion in 2020, is projected to reach $1.9 trillion by 2028, presenting significant opportunities for companies like Tradeshift.
As with any private company, potential investors should keep in mind that Tradeshift's plans for going public may change based on market conditions, company performance, and strategic decisions. It's important to stay informed about any official announcements from the company regarding its future plans.
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While Tradeshift's IPO prospects remain uncertain, investors eager to gain exposure to innovative fintech companies don't have to wait. At Linqto, we offer members access to interests in pre-IPO private companies like Tradeshift, potentially allowing you to benefit from their growth before they go public. Our platform provides opportunities to invest in promising supply chain and B2B payment solutions with lower minimum investments than traditional private equity opportunities.
*These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO. The information provided above is based on current online discussions and is not intended as investment advice. Linqto does not endorse or guarantee the accuracy of this information, and we strongly recommend conducting your own research or consulting with a professional advisor before making any investment decisions. Linqto cannot be held liable for any investment outcomes resulting from the use of this information.