About TradeDepot
TradeDepot is a company based in Lagos (Nigeria) founded in 2015 by Michael Ukpong and Onyekachi Izukanne. TradeDepot has raised $123 million across 4 funding rounds from investors including International Finance Corporation, Partech Partners and British International Investment. TradeDepot has completed 1 acquisition, including Green Lion. TradeDepot operates in a competitive market with competitors including Unicommerce, Alerzo, Anchanto, Sabi and everstox, among others.
- Headquarter Lagos, Nigeria
- Founders Michael Ukpong, Onyekachi Izukanne
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Sectors
TechnologyRetail Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
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EBITDA
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Total Equity Funding
$123 M (USD)
in 4 rounds
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Latest Funding Round
Not available
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Investors
International Finance Corporation
& 9 more
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Employee Count
Not available
- Investments & Acquisitions
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People of TradeDepot
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Funding Insights of TradeDepot
TradeDepot has successfully raised a total of $123M across 4 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.
Investors in TradeDepot
TradeDepot has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include International Finance Corporation, Partech Partners and British International Investment.
| Investor | Description | Founded Year | Domain | Location |
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Loans and credit solutions are provided by Arcadia Funds.
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IFC is focused on private sector development in emerging markets.
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Sahel Group is engaged in private investment and consulting services.
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Investor details for TradeDepot
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Investments & Acquisitions by TradeDepot
TradeDepot has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Green Lion.
Investment portfolio details for TradeDepot
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Consumer products are retailed by Green Lion in Ghana.
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Complete acquisition details for TradeDepot
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- Transaction dates
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Financial Statements - TradeDepot
Detailed financials for TradeDepot
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Tradedepot Comparisons
Peer comparison for TradeDepot
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
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Competitors of TradeDepot
TradeDepot 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 Unicommerce, Alerzo, Anchanto, Sabi and everstox, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Provider of e-commerce enablement platform automating order processing, inventory, warehouse, and shipping
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Provider of software solutions enabling informal distribution for retail businesses
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SaaS solutions for e-commerce and logistics operations are delivered.
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Informal distribution logistics solutions are provided for businesses in Nigeria.
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Cloud-enabled asset-light fulfillment services are provided for e-commerce and retail.
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Detailed competitors of TradeDepot
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Latest news on Tradedepot
Complete news archive for TradeDepot
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Frequently Asked Questions about TradeDepot
TradeDepot was founded in 2015 and raised its 1st funding round 3 years after it was founded.
TradeDepot is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.
Onyekachi Izukanne is the current CEO of TradeDepot. They have also founded this company.
TradeDepot is a funded company, having raised a total of $123M across 4 funding rounds to date.
TradeDepot was founded in 2015 in Lagos, Nigeria, as a provider of software for B2B manufacturers and retailers in the supply chain sector. Secondary distribution is facilitated through a dashboard that enables management of retail coverage, demand discovery, orders, and inventories. Real-time visibility into prices and discounts from major brands is offered, with orders routed to nearby depots for delivery. Operations focus on streamlining stock redistribution across the region.
TradeDepot's top competitors include Anchanto, Sabi and Unicommerce.
TradeDepot has made 1 acquisition, including Green Lion.
TradeDepot has 10 investors. Key investors include International Finance Corporation, Partech Partners, British International Investment, We-Fi, and Arcadia Funds.