The amount of the deal was not disclosed.
The company intends to use the funds to further broaden its capabilities, accelerate the development of its platform and grow the ecosystem surrounding its B2B marketplace.
Led by Christian Lanng, CEO and Chairman, Tradeshift is a business commerce platform where companies can buy, sell, and tailor B2B solutions. It currently connects 800,000 companies (including a broad range of Fortune 500 companies such DHL and Zurich Insurance Group as well as many large institutions such as the National Health Service) across 190 countries.
Headquartered in San Francisco, the company has offices in Copenhagen, New York, London, Paris, Suzhou, Tokyo, Munich, and Sydney.