TradePending

Durham, United States Founded: 2014 • Age: 12 yrs Acquired By CapStreet
Vehicle trade-in valuations are generated via a dealer website plugin.
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About TradePending

TradePending is a company based in Durham (United States) founded in 2014 was acquired by CapStreet in February 2021.. The company has 82 employees as of December 31, 2022. TradePending has completed 2 acquisitions, including AutoAPR and SnapCell. TradePending offers products and services including Trade, Payments, AutoBio, Badges, and Video for Sales. TradePending operates in a competitive market with competitors including Digital Air Strike, Xtime, Dealer.com, myKaarma and Rollick, among others.

  • Headquarter Durham, United States
  • Employees 82 as on 31 Dec, 2022
  • Sectors
    Technology
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Tradepending, Llc
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    82

    as on Dec 31, 2022

  • Investments & Acquisitions
    AutoAPR

    & 1 more

  • Acquired by
    CapStreet

    (Feb 15, 2021)

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Products & Services of TradePending

TradePending offers a comprehensive portfolio of products and services, including Trade, Payments, AutoBio, Badges, and Video for Sales. 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.

Primary

Provides real-time trade-in values for vehicles on dealership websites.

Converts traffic with payment ranges and financing options.

Creates detailed brochures for individual vehicles to build value.

Merchandises inventory to create urgency and highlight features.

Sends personalized videos for sales touch points.

Manages service specials and repairs through website integration.

People of TradePending
Headcount 10-50
Employee Profiles 44
Employee Profiles
People
Gaye Weinberger
Sr Vice President - Support Operations
People
Dragos Nour
Director Of Software Development
People
Tom Parker
Chief Financial Officer
People
Shawn Belles
Project Specialist

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Funding Insights of TradePending

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 TradePending

TradePending has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include CapStreet. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity investments in US companies are managed by CapStreet.
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 TradePending

TradePending has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include AutoAPR and SnapCell. 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.

Investments
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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Platform for brands to create videos using mobile app
2016
Automobile finance research solutions are delivered via an online platform.
2014
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 - TradePending

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Tradepending Comparisons

Employees
+
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Competitors of TradePending

TradePending 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 Digital Air Strike, Xtime, Dealer.com, myKaarma and Rollick, 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
Digital marketing solutions are provided for auto dealerships.
domain founded_year HQ Location
Customer engagement tools for automotive dealers are provided.
domain founded_year HQ Location
Digital marketing solutions for automotive dealerships are delivered.
domain founded_year HQ Location
SaaS-based customer interaction management is provided for dealerships.
domain founded_year HQ Location
Omnichannel marketing automation is provided to automotive OEMs and dealers.
domain founded_year HQ Location
SaaS-based marketing solutions for automotive 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 Tradepending

Frequently Asked Questions about TradePending

When was TradePending founded?

TradePending was founded in 2014.

Where is TradePending located?

TradePending is headquartered in Durham, United States. It is registered at Durham, North Carolina, United States.

How many employees does TradePending have?

As of Dec 31, 2022, the latest employee count at TradePending is 82.

What does TradePending do?

TradePending was founded in 2014 in Durham, United States, within the automotive software sector. A plugin named SNAP is provided for dealer websites, where valuations for trade-in vehicles are calculated using real-time data from local franchised dealers sales listings. Operations focus on enabling customer discussions about trade values to support lead generation and sales attribution in the vehicle dealership industry.

Who are the top competitors of TradePending?

TradePending's top competitors include Xtime, Numa and Rollick.

What products or services does TradePending offer?

TradePending offers Trade, Payments, AutoBio, Badges, and 2 more products and services.

How many acquisitions has TradePending made?

TradePending has made 2 acquisitions, including AutoAPR, and SnapCell.

Who are TradePending's investors?

TradePending has 1 investor. Key investors include CapStreet.

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