The funds raised will go toward accelerating the business across Europe, US and Asia in order to make supply chains 100 percent digital and connecting trade.
Tradeshift CEO, Christian Lanng, said: “This investment will enable us to continue our rapid growth and consolidate our leadership position. We welcome GP Bullhound as a new investor and look forward to their valuable contributions as we enter our next growth phase.”
Joakim Dal, Partner at GP Bullhound, commented: “We are very impressed by the platform Christian and his team have built. More and more customers are seeing the benefits of a fully digital supply chain and we see significant opportunities for growth ahead for Tradeshift.”
For enquiries, please contact Joakim Dal, Partner at GP Bullhound, at [email protected]
Tradeshift drives supply chain innovation for the digitally connected economy. As the leader in supply chain payments and marketplaces, the company helps buyers and suppliers digitize all their trade transactions, collaborate on every process, and connect with any supply chain app. More than 1.5 million companies across 190 countries trust Tradeshift to process over half a trillion USD in transaction value, making it the largest global business network for buying and selling. Discover commerce for all at tradeshift.com
About GP Bullhound
GP Bullhound is a leading technology advisory and investment firm, providing transaction advice and capital to the best entrepreneurs and founders. Founded in 1999, the firm today has offices in London, San Francisco, Stockholm, Berlin, Manchester, Paris, Hong Kong, Madrid and New York. For more information, please visit www.gpbullhound.com, or follow on Twitter @GPBullhound.
About GP Bullhound Asset Management
GP Bullhound Asset Management is the firm’s independent investment arm. It currently manages four funds, investing in high-potential and fast growing technology businesses, from early stage to pre-IPO.