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
-
Sectors
Healthcare
-
Email
***********
-
Phone
*********
-
Website
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$3 M (USD)
in 1 rounds
-
Latest Funding Round
$3 M (USD), Unspecified
Aug 29, 1999
-
Investors
VerticalNet
& 2 more
-
Employee Count
Employee Count
-
Acquired by
VerticalNet
(Mar 09, 2000)
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
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 Total Funding
- Total Rounds 1
- Last Round Unspecified — $3.0M
-
First Round
First Round
(29 Aug 1999)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 1999 | Amount | Unspecified - Tradeum | Valuation | Israel Seed Partners |
| 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 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. 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 |
|---|---|---|---|---|
|
Minitoto is recognized as a leading online toto slot provider.
|
Founded Year | Domain | Location | |
|
Tech focused early stage VC firm investing in Israel
|
Founded Year | Domain | Location | |
|
Strategic sourcing and supply chain management solutions
|
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 Tradeum
| 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 |
Financial Statements - Tradeum
| 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 |
Tradeum Comparisons
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. 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 |
Pharmaceutical distribution and supply chain services are provided globally.
|
|
| domain | founded_year | HQ Location |
Serves as a diversified distributor of healthcare products.
|
|
| domain | founded_year | HQ Location |
Supplies pharmaceuticals, medical equipment, and health products in Kuwait.
|
| 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.
|
Frequently Asked Questions about Tradeum
When was Tradeum founded?
Tradeum was founded in 1998 and raised its 1st funding round 1 year after it was founded.
Where is Tradeum located?
Tradeum is headquartered in Salmiya, Kuwait. It is registered at Salmiya, Hawalli, Kuwait.
Is Tradeum a funded company?
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 29, 1999.
What does Tradeum do?
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.
Who are the top competitors of Tradeum?
Tradeum's top competitors include AmerisourceBergen, Al Mojil Drug and Warba Medical Supplies.
Who are Tradeum's investors?
Tradeum has 3 investors. Key investors include VerticalNet, Minitoto, and Vertex Ventures Israel.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.