# TradeIX.com

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/tradeix-com

- Industry: Software
- Headquarters: London, UK
- Website: www.tradeix.com
- Total disclosed funding: $16M
- Latest round: Series A (Jun 21, 2018)
- Investors on record: 4

## About

TradeIX is a London-based technology firm that enhances operational efficiency through its innovative software solutions, primarily serving diverse industries such as finance and logistics.Founded in 2016 in London, UK, TradeIX specializes in providing technology solutions designed to streamline workflow processes. The company has acquired a minority stake from Accenture Technology Ventures as part of its strategic growth initiatives. Hugh Webb currently leads the company as CEO. To date, TradeIX has successfully raised a total of USD 16.00 mn, primarily through its Series A funding round led by ING Ventures, which occurred on December 17, 2019, with participation from BNP Paribas Asset Management, Kistefos, and Tech Mahindra.TradeIX offers a proprietary software platform aimed at enhancing data analytics and facilitating real-time communication among teams. The platform addresses challenges in project management, data silos, and user engagement across sectors such as healthcare, finance, and logistics. The company serves mid-sized and large enterprises, with its products marketed in North America, Western Europe, and parts of Asia, reflecting a focus on regions with high demand for digital solutions.In 2018, TradeIX reported revenue of USD 5,073,000 and an EBITDA of USD 267,000. The company generates revenue through subscription-based services and direct sales of its software, with clients typically engaging in annual contracts that include ongoing support and updates. TradeIX's partnerships with technology resellers further enhance its market reach.TradeIX plans to expand its product offerings with new software solutions designed to enhance operational capabilities, with specific release dates yet to be announced. The company aims to enter new markets in Asia and the Middle East by the end of 2023. The recent funding will support these initiatives and help scale the company's operations to meet the demands of an expanding client base.

## Funding rounds

- Series A, Jun 21, 2018, $16M — Kistefos, BNP Paribas Asset Management, Tech Mahindra, ING Ventures

## Investors

- Kistefos — Series A
- BNP Paribas Asset Management (https://capitalatlas.ai/funds/bnp-paribas-asset-management) — Series A
- Tech Mahindra — Series A
- ING Ventures (https://capitalatlas.ai/funds/ing-ventures) — Series A