Tradeshift Raises $250M Series E, Goldman Sachs joins the round

Tradeshift Raises $250M Series E, Goldman Sachs joins the round

6 years ago
Anonymous $CLwNLde341

https://techcrunch.com/2018/05/29/tradeshift-raises-250m-series-e-goldman-sachs-joins-the-round/

Tradeshift, a supply chain payments and marketplaces late-stage startup which recently added blockchain to its armoury, has today raised $250 million in a Series E funding round led by Goldman Sachs and Public Sector Pension Investment Board (PSP Investments). Additional participation comes from HSBC, H14, GP Bullhound, and Gray Swan, a new venture company established by Tradeshift’s founders. The new round of financing brings Tradeshift’s total funding to more than $400 million. The company claims it’s valuation has now passed $1.1 billion.

The new investors join existing backers, including HSBC, American Express Ventures, the CreditEase Fintech Investment Fund, Notion Capital, Santander InnoVentures, and others. Mikkel Hippe Brun, Tradeshift’s GM of China and Co-Founder, will join Tradeshift’s board of directors.

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