What is GoTrade?
GoTrade operates within the dynamic Mobile App Development industry, headquartered in Labuan, Federal Territory of Labuan, Malaysia. The company, which employs between 20 to 49 individuals, generates revenue in the range of $5 million to $10 million. GoTrade is focused on creating innovative mobile applications, contributing to the rapidly evolving digital landscape. Its strategic location and operational scale suggest a focused approach to market penetration and product development within its niche.
How much funding has GoTrade raised?
GoTrade has raised a total of $15.5M across 1 funding round:
Series A
$15.5M
Series A (2022): $15.5M with participation from Velocity Capital Private Equity Hoofdstraat, LocalGlobe, Picus Capital, Beenext, Kibo Factory, and Mitsubishi UFJ Financial Group
Key Investors in GoTrade
Velocity Capital Private Equity Hoofdstraat
Velocity Capital Fintech Ventures is a venture capital firm established in 2005, specializing in providing early-stage capital funding to companies. Based in the Netherlands, they focus on the fintech sector.
Beenext
BEENEXT is a founder-first venture capital firm that supports innovative entrepreneurs across various sectors, emphasizing collaboration and knowledge sharing. They invest in startups focused on fintech, sustainability, mobility, and enterprise SaaS.
Kibo Factory
Kibo Ventures is a European technology investment platform that supports early-stage startups with bold ideas, helping them scale globally. They provide strategic support and foster long-term partnerships with founders.
What's next for GoTrade?
With the recent major strategic investment, GoTrade is poised for a new phase of expansion and product enhancement. The substantial capital injection, totaling $15.5M, indicates a strong investor confidence in the company's business model and future prospects. This backing will likely fuel further development of its mobile app offerings, potentially enabling market share expansion and the exploration of new technological frontiers. The company's trajectory suggests a move towards scaling its operations and solidifying its position as a key player in the mobile app development space.
See full GoTrade company page
