About TRADE X
TRADE X was a Transportation, Automotive & Logistics company based in Mississauga (Canada) founded in 2018. Functions as a B2B trading solution for automotive dealers. It operates on a B2B model. TRADE X has raised $35 million across 3 funding rounds from investors including Aimia, Forbright and EchoVC Partners. TRADE X has completed 1 acquisition, including Techlantic. The company is recorded as dissolved. Its focus areas include Automotive, Trading, B2B Platforms and Auto Dealer Solutions. Its competitors include Autozen, MintList and Selectbidder; 2 of its 3 listed competitors have raised funding.
Company details
TRADE X, founded in 2018 in Mississauga, Canada, focuses on dealing with automotive parts, trading, b2b platforms, and auto dealer solutions. Functions as a B2B trading solution for automotive dealers. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
- Headquarters Mississauga, Canada
- SectorsTransportation, Automotive & Logistics
- Website tradexport.com
- Total Equity Funding$35M (USD)
in 3 rounds
- InvestorsAimia
& 4 more
- Investments & Acquisitions
Funding Insights of TRADE X
TRADE X has successfully raised a total of $35M across 3 strategic funding rounds. 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 $35M
- Total Rounds 3
- First Round $50M
(Feb 2021)
- Investors Count 5
All 3 funding rounds of TRADE X with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2021 | Debt – Conventional | – | – | ||
| Jul 2021 | $35M | Series C | – | Aimia, EchoVC Partners | – |
| Feb 2021 | $50M | Debt – Conventional | – | – | – |
5 investors in total: 5 institutional.
Investors in TRADE X
TRADE X has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Aimia, Forbright and EchoVC Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tech focused Stage-Agnostic VC Firm investing in Sub-Saharan Africa and North America | echovc.com | Lagos, Nigeria | ||
Investments are made in early-stage AI companies by Frontier Ventures. | frontier.ventures | Cupertino, United States | ||
Private equity firm making growth equity investments in multiple sectors | ugrowthfund.com | Salt Lake City, United States | ||
Commercial bank | 2003 | forbrightbank.com | Chevy Chase, United States | |
Diversified operations are conducted across chemicals industries globally. | 1984 | aimia.com | Toronto, Canada |
Investor details for TRADE X
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of TRADE X
14 people are tracked at TRADE X (5 in leadership, 9 in team).
| Name | Role | Group |
|---|---|---|
Ricardo Ampudia | Director of Sales and Public Relations - Tradex Mexico | Leadership |
Tara Davidson, CSP | Senior Vice President Operations | Leadership |
Maithili Mavinkurve P.Eng. | VP, Data | Leadership |
Neil Shah, MBA (Delta Mu Delta) | Senior Director, People + Culture | Leadership |
Sandra Sammut | Senior Personal & Executive Assistant to the Founder & CEO | Leadership |
Ikechi Nancy | Administrative Assistant | Team |
Jessica Davidson | General Counsel | Team |
Éric Gosselin | SVP Global Business Development | Team |
Kelvine Mwanzi | Sales Manager | Team |
Oluwadamilola Lawal | Sales Manager | Team |
Maria thea Santiago | Human Resources Specialist | Team |
Cherie Yerro | Recruitment Executive | Team |
Himanshu Chawla | HR Technical Recruiter and Generalist | Team |
Armando Cortés | Business Strategy Mexico | Team |
Complete people profiles for TRADE X
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by TRADE X
TRADE X has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Techlantic.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Automotive aftermarket accessories are manufactured in Canada. | techlantic.com | Oakville, Canada | 1983 | Sep 2021 | •••• |
Complete acquisition details for TRADE X
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of TRADE X
4 dated milestones of TRADE X across 3 years, from founding to its latest funding, stage changes and deals.
- Founded TRADE X is founded.
- Funding First funding round of $50.0M.
- Acquisition Acquires Techlantic.
- Funding Latest funding round, Debt – Conventional,.
Competitors of TRADE X
TRADE X has 3 listed competitors in our database, 2 of them funded. They include Autozen, MintList and Selectbidder.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| autozen.com | 2020 | Canada | $8.14M | Used cars are auctioned peer-to-peer online via Autozen platform. | ||
| mintlist.com | 2020 | Vancouver, Canada | $2.19M | Used cars are listed online with buyer offers facilitated. | ||
| selectbidder.com | 2011 | Moncton, Canada | Real-time appraisals & offers at dealer auctions |
Detailed competitors of TRADE X
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Trade X
Complete news archive for TRADE X
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about TRADE X
TRADE X was founded in 2018 and raised its 1st funding round 3 years after it was founded.
TRADE X is headquartered in Mississauga, Canada. It is registered at Mississauga, Ontario, Canada.
TRADE X is a funded company, having raised a total of $35M across 3 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $50M, raised on Feb 2021.
TRADE X, founded in 2018 in Mississauga, Canada, focuses on dealing with automotive parts, trading, b2b platforms, and auto dealer solutions. Functions as a B2B trading solution for automotive dealers. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
TRADE X's top competitors include Autozen, MintList and Selectbidder.
TRADE X has made 1 acquisition, including Techlantic.
TRADE X has 5 investors. Key investors include Aimia, Forbright, EchoVC Partners, Frontier Ventures, and University Growth Fund.