South Korean Agrifood Trading Platform Tridge Secures Us$60M Investment To Scale Up The Fight Against Food Insecurity
PRIVATEJul 11, 2021
Amount Raised
$60 Million
Round Type
Venture
UkraineAgriculture and FarmingE Commerce
Description
Tridge, the digital trading and market intelligence hub for food and agriculture buyers and suppliers, has completed Series C investment worth US$60 million from Forest Partners to help it scale and meet demand from food businesses searching globally for alternative sources as traditional supply lines are hit by increasing disruption and risk.
Who to call at Tridge, and when
A new round usually means Tridge is about to hire and buy. The teams that reach out first get the meeting.
An alert the day Tridge raises, hires an executive or expands, scored against what you sell
The decision-makers there, with verified emails
Who you already know at Tridge, from your own LinkedIn network
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce★★★★★4.8/5 on G2
Company Information
Company
Tridge
Location
Ukraine
About
The platform helps from research to ordering and enables buyers to source their food and agriculture items at reasonable prices in more than 150 countries. (The company claims it has amassed more than 1 trillion data points cumulatively.) The Seoul-headquartered company, which currently employs about 600 people, has set up offices in 45 countries across the globe, including in the U.S. and Europe. Tridge said Thursday it has secured $37.2 million (50 billion won) in a Series D funding round at a postmoney valuation of $2.7 billion. Tridge says its valuation has soared in about a year because it has generated revenues in Tridge’s fulfillment service business since September 2021 after raising the Series C round. After paying a higher price for the coal due to the lack of transparency and information, Shin founded Tridge to address this issue. Tridge claims it has 447,786 users today, up from 343,401 users in June 2021.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Tridge raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
UkraineAgriculture and FarmingE Commerce