TradeDepot

company

About

TradeDepot is a B2B e-commerce and embedded finance platform that offers a broad range of consumer goods to SME retailers.

  • 101 - 250

Details

Last Funding Type
Series B
Last Funding Money Raised
$10M
Industries
B2B,Consumer Goods,E-Commerce
Founded date
Jan 1, 2016
Number Of Employee
101 - 250
Operating Status
Active

TradeDepot is an end-to-end distribution platform that connects the world's top consumer goods companies directly to retailers on the streets of Africa's cities. With its headquarters in Lagos, Nigeria, TradeDepot aims to build the largest retail distribution network in Africa. The company was founded in 2016, with a mission to improve milk distribution to smaller retailers on the continent, using technology. Today, the company is scaling the same technology to improve the distribution of food, beverages, and personal care products to retailers, and to improve livelihoods for these retail store owners.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$10M
TradeDepot has raised a total of $10M in funding over 2 rounds. Their latest funding was raised on Jul 14, 2020 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jul 14, 2020 Series B $10M 1 IFC Venture Capital Group Detail

Investors

Number of Lead Investors
Number of Investors
1
1
TradeDepot is funded by 1 investors. IFC Venture Capital Group are the most recent investors.
Investor Name Lead Investor Funding Round
IFC Venture Capital Group Yes Series B