# TradeDepot

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

- Industry: Software
- Headquarters: Lagos, Nigeria
- Website: www.tradedepot.co
- Total disclosed funding: $55M
- Latest round: Series B (Dec 6, 2021)
- Investors on record: 9

## About

Based in Lagos, Nigeria and founded in 2016, TradeDepot, Inc. operates as a provider of a software-as-a-service platform that enables companies to manage their deliveries to their distributors. The company was founded by Michael Uukpong, Onyekachi Izukanne, and Ruke Awaritefe. In July 2020, TradeDepot, Inc. raised USD 10 million in series B funding from International Finance Corporation, MSA Capital, Partech Partners, and Women Entrepreneurs Finance Initiative.

The company provides a Saas-based platform that enables its customers to connect with retailers, manufacturers, and distributors of consumer companies. TradeDepot, Inc. also provides access to analyze real-time data and optimize inventories.  

TradeDepot, Inc. plans to use its recent series B funding to continue its integration of the fragmented informal retail supply chain in Nigeria, expand into other African cities and launch a suite of financial products and credit facilities.

## Funding rounds

- Series B, Dec 6, 2021, $42M — Partech Partners, International Finance Corporation, British International Investment, Novastar Ventures, MSA Capital, Endeavor Catalyst, Sahel Capital
- Series B, Jul 14, 2020, $10M — Partech Partners, MSA Capital, [DUP] International Finance Corporation, Women Entrepreneurs Finance Initiative
- Series A, Apr 26, 2018, $3M — Partech Partners

## Investors

- Partech Partners (https://capitalatlas.ai/funds/partech-partners) — Series A, Series B
- MSA Capital (https://capitalatlas.ai/funds/msa-capital) — Series B
- [DUP] International Finance Corporation — Series B
- Women Entrepreneurs Finance Initiative — Series B
- International Finance Corporation — Series B
- British International Investment — Series B
- Novastar Ventures (https://capitalatlas.ai/funds/novastar-ventures) — Series B
- Endeavor Catalyst (https://capitalatlas.ai/funds/endeavor-catalyst) — Series B
- Sahel Capital (https://capitalatlas.ai/funds/sahel-capital) — Series B