About TRADE X
TRADE X is a company based in Mississauga (Canada) founded in 2018. It operates as a B2B. 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. TRADE X operates in a competitive market with competitors including Copart, Autozen, MintList, Selectbidder and TradeRev, among others.
- Headquarter Mississauga, Canada
-
Sectors
Transportation, Automotive & Logistics
-
Phone
*********
-
Website
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$35 M (USD)
in 3 rounds
-
Latest Funding Round
-
Investors
Aimia
& 4 more
-
Employee Count
Employee Count
- Investments & Acquisitions
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
Unlock access to complete
Sales and Marketing
4 people
Human Resources and Administration
2 people
Software Development Team
2 people
Administrative Team
1 people
Legal and Compliance
1 people
Operations Team
1 people
Data Analysis and Operations Team
1 people
Leadership Team
1 people
Unlock access to complete
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 Total Funding
- Total Rounds 3
- Last Round Last Round
-
First Round
First Round
(24 Feb 2021)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Debt – Conventional - TRADE X | Valuation |
investors |
|
| Jul, 2021 | Amount | Series C - TRADE X | Valuation | Aimia , EchoVC Partners |
|
| Feb, 2021 | Amount | Debt – Conventional - TRADE X | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. 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 |
|---|---|---|---|---|
|
Tech focused Stage-Agnostic VC Firm investing in Sub-Saharan Africa and North America
|
Founded Year | Domain | Location | |
|
Investments are made in early-stage AI companies by Frontier Ventures.
|
Founded Year | Domain | Location | |
|
Private equity firm making growth equity investments in multiple sectors
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by TRADE X
TRADE X has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Techlantic. 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 |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Automotive aftermarket accessories are manufactured in Canada.
|
1983 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - TRADE X
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Trade X Comparisons
Competitors of TRADE X
TRADE X 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 Copart, Autozen, MintList, Selectbidder and TradeRev, 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 |
Used and salvaged vehicles are offered via an online marketplace.
|
|
| domain | founded_year | HQ Location |
Used cars are auctioned peer-to-peer online via Autozen platform.
|
|
| domain | founded_year | HQ Location |
Used cars are listed online with buyer offers facilitated.
|
|
| domain | founded_year | HQ Location |
Real-time appraisals & offers at dealer auctions
|
|
| domain | founded_year | HQ Location |
Real-time B2B vehicle auctions are conducted online for dealerships.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Trade X
Frequently Asked Questions about TRADE X
When was TRADE X founded?
TRADE X was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Where is TRADE X located?
TRADE X is headquartered in Mississauga, Canada. It is registered at Mississauga, Ontario, Canada.
Is TRADE X a funded company?
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 24, 2021.
What does TRADE X do?
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.
Who are the top competitors of TRADE X?
TRADE X's top competitors include Copart, Autozen and Trade Helper.
How many acquisitions has TRADE X made?
TRADE X has made 1 acquisition, including Techlantic.
Who are TRADE X's investors?
TRADE X has 5 investors. Key investors include Aimia, Forbright, EchoVC Partners, Frontier Ventures, and University Growth Fund.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.