What is Tridge?
Tridge derives its name from the fusion of "Transaction" and "Bridge," encapsulating its vision to facilitate global commerce by connecting disparate markets. The company operates within the international trade sector, aiming to create a more balanced global marketplace. Tridge's innovative approach seeks to address inefficiencies and information asymmetries that hinder seamless cross-border transactions, positioning it as a unique player in the industry.
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 Activant Capital Group, Forest Partners, and SoftBank Ventures Asia
Series C (2021): $60M supported by Activant Capital Group, Forest Partners International, and SoftBank Ventures Asia
Series D (2022): $37.2M featuring DSAsset
Key Investors in Tridge
Activant Capital Group
Activant Capital Group is a research-led growth firm focused on innovative solutions across various industries, including those that enhance fulfillment and automate enterprise workflows. They aim to empower businesses through advanced technology and digitized operations.
Forest Partners
Forest Partners specializes in venture capital and private equity, offering strategic approaches to growth and public equity investments. Based in Seoul, Korea, they focus on fostering growth for their partners through innovative financial solutions.
SoftBank Ventures Asia
SoftBank Ventures Asia, the early-stage venture capital arm of SoftBank Group, focuses on ICT investments including AI and IoT. They seek out high-potential start-ups globally to integrate into the SoftBank ecosystem.
What's next for Tridge?
With substantial backing, Tridge is poised for accelerated growth and expansion. The recent major strategic investment signals confidence from its backers in Tridge's model for revolutionizing global trade. This capital will likely be deployed to enhance its technological infrastructure, expand its market reach, and strengthen its network of global partners. The company's trajectory suggests a focus on scaling its operations to further its objective of achieving global market equilibrium.
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