# bTrade

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/btrade

- Industry: Software
- Headquarters: Glendale, US
- Website: www.btrade.com
- Total disclosed funding: $11M
- Latest round: Series B (Apr 28, 2000)
- Investors on record: 4

## About

bTrade, inc. is a leading provider of managed file transfer solutions, specializing in secure data exchange across multiple industries, including EDI and financial services.Founded in 1990 in Glendale, US, bTrade, inc. focuses on managed file transfer solutions. The company's founders include Pavel Kuriata and Steve Zapata, while Elena Kulikova serves as CEO. bTrade has successfully raised USD 11.2 mn in its Series B funding round on April 28, 2000, with investments from First Analysis, Shawmut Capital Partners, Hook Partners, and CMS Companies. The company has completed a total of 1 deal to date.bTrade specializes in managed file transfer (MFT) solutions, with its flagship product TDXchange providing a secure, scalable platform for data exchange across various industries, including EDI, financial services, and ERP. Their offerings include TDCloud for SaaS MFT, TDInvoice for e-invoicing, TDAccess for secure EDI AS2 transmissions, and TDCompress for data encryption and compression. Serving over 150,000 clients worldwide, bTrade addresses critical data security needs and is expanding its market presence in North America, Europe, and Asia.bTrade's revenue model is primarily based on subscription sales for its MFT solutions, including TDXchange and complementary products. Clients enter into agreements for access to services, contributing to a recurring revenue stream through direct B2B engagements. Pricing varies based on specific services, allowing for customized solutions that meet large organizations' unique needs and ensure compliance with regulatory standards.With the recent USD 11.2 mn raised in Series B funding, bTrade plans to enhance its product offerings and expand its market reach. The company is focusing on developing new products and solutions targeted for release in the coming years. Specific geographic expansion plans include entering new markets in Europe and Asia by 2025, leveraging the recent funding to support these initiatives.

## Funding rounds

- Series B, Apr 28, 2000, $11M — First Analysis, Shawmut Capital Partners, CMS Companies, Hook Partners

## Investors

- First Analysis (https://capitalatlas.ai/funds/first-analysis) — Series B
- Shawmut Capital Partners (https://capitalatlas.ai/funds/shawmut-capital-partners) — Series B
- CMS Companies — Series B
- Hook Partners — Series B