What is Tridge?
Tridge, a company whose name is a portmanteau of 'Transaction' and 'Bridge,' aims to revolutionize global trade by connecting markets and facilitating seamless transactions. The company positions itself as an innovative force designed to bring markets closer to equilibrium, thereby benefiting all participants. Its vision is to bridge existing gaps in the worldwide market, making global commerce more accessible and efficient.
How much funding has Tridge raised?
Tridge has raised a total of $113.7M across 4 funding rounds:
Series A
$5.5M
Series B
$11M
Series C
$60M
Series D
$37.2M
Series A (2019): $5.5M with participation from Forest Partners and SoftBank Ventures Asia
Series B (2020): $11M led by Forest Partners, SoftBank Ventures Asia, and Activant Capital Group
Series C (2021): $60M supported by Forest Partners International, SoftBank Ventures Asia, and Activant Capital Group
Series D (2022): $37.2M featuring DSAsset
Key Investors in Tridge
Forest Partners
Forest Partners is a venture capital and private equity firm focused on providing innovative financial solutions and growth opportunities across various sectors. They offer venture capital, growth private equity, and public equity investment strategies.
SoftBank Ventures Asia
SoftBank Ventures Asia is the early-stage venture capital arm of the SoftBank Group, specializing in ICT investments such as AI and IoT. They support early to growth-stage startups with global potential by integrating them into the SoftBank ecosystem.
Activant Capital Group
Activant Capital Group is a research-led growth firm that invests in innovative solutions across diverse industries, focusing on enhancing fulfillment, automating workflows, and advancing enterprise technology.
What's next for Tridge?
With substantial enterprise-level backing, Tridge is poised for significant expansion and further development of its global trade infrastructure. The recent major strategic investment suggests a focus on scaling operations, enhancing technological capabilities, and potentially entering new markets. This capital infusion will likely enable Tridge to solidify its market position and pursue ambitious growth objectives in the international trade arena.
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