About Tradeum
Tradeum is a company based in Salmiya (Kuwait) founded in 1998 was acquired by VerticalNet in March 2000. Tradeum has raised $3 million across 1 funding round from investors including VerticalNet, Minitoto and Vertex Ventures Israel. Tradeum operates in a competitive market with competitors including AmerisourceBergen, Al Mojil Drug and Warba Medical Supplies, among others.
- Headquarter Salmiya, Kuwait
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website tradeum.com
- Acquired by VerticalNet (Mar 2000)
- Total Equity Funding$3M (USD)
in 1 rounds
- Latest Funding Round$3M (USD), Unspecified
Aug 1999
- InvestorsVerticalNet
& 2 more
- Acquired byVerticalNet
(Mar 2000)
Funding Insights of Tradeum
Tradeum has successfully raised a total of $3M through 1 strategic funding round. The most recent funding activity was a Unspecified round of $3 million completed in August 1999. 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 $3M
- Total Rounds 1
- Last Round Unspecified — $3M
- First Round $3M
(Aug 1999)
- Investors Count 2
All 1 funding rounds of Tradeum 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 |
|---|---|---|---|---|---|
| Aug 1999 | $3M | Unspecified | – | Israel Seed Partners |
3 investors in total: 3 institutional.
Investors in Tradeum
Tradeum has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include VerticalNet, Minitoto and Vertex Ventures Israel.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Minitoto is recognized as a leading online toto slot provider. | – | israelseed.com | Indonesia | |
Tech focused early stage VC firm investing in Israel | – | vertexventures.co.il | Savyon, Israel | |
Strategic sourcing and supply chain management solutions | 1996 | verticalnet.com | Malvern, United States |
Investor details for Tradeum
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.
Timeline of Tradeum
3 dated milestones of Tradeum across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Tradeum is founded.
- Funding First funding round of $3.0M.
- Exit Acquired by VerticalNet.
Competitors of Tradeum
Tradeum 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 AmerisourceBergen, Al Mojil Drug and Warba Medical Supplies, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| amerisourcebergen.com | 1985 | Chesterbrook, United States | – | 46,000 | Pharmaceutical distribution and supply chain services are provided globally. | |
| mojildrug.com | 1964 | Kuwait | – | – | Serves as a diversified distributor of healthcare products. | |
| warbamed.com | 1978 | Kuwait | – | – | Supplies pharmaceuticals, medical equipment, and health products in Kuwait. |
Detailed competitors of Tradeum
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.
Similar companies to Tradeum
10 companies that operate in the same segment as Tradeum (Pharmaceuticals & Distribution), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Pharmaceutical products are manufactured and marketed worldwide. | 1891 | Kenilworth, Warwickshire, United Kingdom | – | USD 64.93 B | 781 | |
Therapeutics for neurology, oncology, rare, and endocrinology diseases are developed. | 2014 | New York, New York, United States | USD 1.3 B | USD 8.26 M | 750 | |
Developer of pharmaceutical products for treating multiple diseases | 1980 | Thousand Oaks, California, United States | – | USD 33.23 B | 28,000 | |
Biopharmaceutical research and drug development are conducted globally by AbbVie. | 2012 | Chicago, Illinois, United States | – | USD 61.16 B | 55,000 | |
Traditional pharmaceutical medicines are developed for multiple health fields. | 1876 | United States | – | USD 65.18 B | 47,000 | |
Developer of medicines to treat HIV/AIDS, liver diseases, cancer & others | 1987 | Foster City, California, United States | – | USD 29.45 B | 17,600 | |
Novel therapeutics are discovered using an AI-enabled drug platform. | 2013 | New York, New York, United States | USD 456.66 M | USD 74.68 M | – | |
Treatments for anemia and fibrosis by exploiting connective tissue growth factor (CTGF) and hypoxia-inducible factor (HIF) biology. | 1993 | San Francisco, California, United States | USD 215.5 M | USD 29.62 M | 225 | |
Developer of medical devices, generic pharmaceuticals, and nutrition products | 1888 | Libertyville, Illinois, United States | – | USD 44.33 B | 3,710 | |
Medicines and health products are retailed through pharmacy outlets. | 2006 | Hyderabad, Telangana, India | USD 268.78 M | USD 734.57 M | 25,010 |
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
Frequently Asked Questions about Tradeum
Tradeum was founded in 1998 and raised its 1st funding round 1 year after it was founded.
Tradeum is headquartered in Salmiya, Kuwait. It is registered at Salmiya, Hawalli, Kuwait.
Tradeum is a funded company, having raised a total of $3M across 1 funding round to date. The company's 1st funding round was a Unspecified of $3M, raised on Aug 1999.
Tradeum was established in 1998 in Salmiya, Kuwait, as a distributor within the healthcare sector. Medical equipment, pharmaceuticals, and nutritional supplements are supplied to various clients across the region. Operations are centered on procurement, storage, and delivery of these products, ensuring compliance with local regulations. The companys domain, tradeum.com, supports online inquiries and business interactions. Focus remains on efficient supply chain management for medical needs.
Tradeum's top competitors include AmerisourceBergen, Al Mojil Drug and Warba Medical Supplies.
Tradeum has 3 investors. Key investors include VerticalNet, Minitoto, and Vertex Ventures Israel.
Yes. Tradeum was acquired by VerticalNet in March 2000.