TradeDepot is a B2B e-commerce and embedded finance platform that offers a broad range of consumer goods to SME retailers.
TradeDepot is an end-to-end distribution platform that connects the world's top consumer goods companies directly to retailers on the streets of Africa's cities. With its headquarters in Lagos, Nigeria, TradeDepot aims to build the largest retail distribution network in Africa. The company was founded in 2016, with a mission to improve milk distribution to smaller retailers on the continent, using technology. Today, the company is scaling the same technology to improve the distribution of food, beverages, and personal care products to retailers, and to improve livelihoods for these retail store owners.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Jul 14, 2020 | Series B | $10M | 1 | IFC Venture Capital Group | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
IFC Venture Capital Group | Yes | Series B |