About Trade Hounds
Trade Hounds is a company based in Boston (United States) founded in 2016.. Trade Hounds has raised $9.74 million across 3 funding rounds from investors including CCS Construction Staffing, Suffolk Construction and Brick & Mortar Ventures. Trade Hounds has completed 1 acquisition, including WRANGLD. Trade Hounds offers products and services including Trade Hounds App and Supply House Map. Trade Hounds operates in a competitive market with competitors including ISN Software Corporation, ToolBelt, Sweeten, Wreno and HeyPros, among others.
- Headquarter Boston, United States
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Sectors
Real Estate & Construction
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Material Management Software Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$9.74 M (USD)
in 3 rounds
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Latest Funding Round
$3.2 M (USD), Seed
Jun 12, 2020
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Investors
CCS Construction Staffing
& 5 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Trade Hounds
Trade Hounds offers a comprehensive portfolio of products and services, including Trade Hounds App and Supply House Map. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for tradespeople to connect, showcase work, compare pay, and access rewards.
Feature to find nearby materials and supplies for tradespeople.
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Funding Insights of Trade Hounds
Trade Hounds has successfully raised a total of $9.74M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $3.2 million completed in June 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Seed — $3.2M
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First Round
First Round
(01 Jun 2018)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2020 | Amount | Seed - Trade Hounds | Valuation | Brick & Mortar Ventures , Corigin Ventures | |
| Oct, 2019 | Amount | Seed - Trade Hounds | Valuation |
investors |
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| Jun, 2018 | Amount | Seed - Trade Hounds | Valuation | New England Development , Hyperplane |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Trade Hounds
Trade Hounds has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include CCS Construction Staffing, Suffolk Construction and Brick & Mortar Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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VC firm investing in the US
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Founded Year | Domain | Location | |
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Tech focused Seed & Early stage VC firm investing primarily in the US
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Founded Year | Domain | Location | |
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Hyperplane is engaged in providing seed capital to startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Trade Hounds
Trade Hounds has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include WRANGLD. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Platform offering ERP software for Trade professionals
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2021 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Trade Hounds
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Trade Hounds Comparisons
Competitors of Trade Hounds
Trade Hounds operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ISN Software Corporation, ToolBelt, Sweeten, Wreno and HeyPros, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Contractors and suppliers are managed via an online platform.
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| domain | founded_year | HQ Location |
SaaS software connects construction tradespeople with builders and subcontractors.
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| domain | founded_year | HQ Location |
Homeowners are matched with vetted contractors through an online platform.
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| domain | founded_year | HQ Location |
Construction professionals are hired via an online platform by users.
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| domain | founded_year | HQ Location |
Software platform for subcontractor management, compliance tracking, and scheduling in construction.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Trade Hounds
Frequently Asked Questions about Trade Hounds
When was Trade Hounds founded?
Trade Hounds was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is Trade Hounds located?
Trade Hounds is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Is Trade Hounds a funded company?
Trade Hounds is a funded company, having raised a total of $9.74M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.5M, raised on Jun 01, 2018.
What does Trade Hounds do?
Trade Hounds was founded in 2016 in Boston, United States, as a provider of an online marketplace focused on the construction sector. Connections between users are facilitated, along with access to advice and job opportunities. Job details are posted by professionals, enabling quotes to be received from tradesmen. Operations are supported by a mobile application available on Android and iOS platforms.
Who are the top competitors of Trade Hounds?
Trade Hounds's top competitors include ISN Software Corporation, ToolBelt and Wreno.
What products or services does Trade Hounds offer?
Trade Hounds offers Trade Hounds App and Supply House Map.
How many acquisitions has Trade Hounds made?
Trade Hounds has made 1 acquisition, including WRANGLD.
Who are Trade Hounds's investors?
Trade Hounds has 6 investors. Key investors include CCS Construction Staffing, Suffolk Construction, Brick & Mortar Ventures, Corigin Ventures, and New England Development.
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