About Tridge
Tridge is a company based in Seoul (South Korea) founded in 2015 by Kangwook Lee and Hoshik Shin.. Tridge has raised $121.36 million across 5 funding rounds from investors including Forest Partners, DS Asset and SBVA. The company has 1 employees as of April 03, 2024. Tridge operates in a competitive market with competitors including Wasoko, Frubana, BigHaat, WayCool and Silo, among others.
- Headquarter Seoul, South Korea
- Employees 1 as on 03 Apr, 2024
- Founders Kangwook Lee, Hoshik Shin
- Stage Unicorn
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Sectors
RetailAgriculture
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Tridge Trade India Private Limited
- Date of Incorporation 26 Oct, 2021
- Jurisdiction Thane, Maharashtra, India
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Annual Revenue
$931.35 K (USD)0as on Mar 31, 2023
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Net Profit
$-516.25 K (USD)-25209.81as on Mar 31, 2023
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EBITDA
$-690.41 K (USD)-34139.5as on Mar 31, 2023
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Total Equity Funding
$121.36 M (USD)
in 5 rounds
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Latest Funding Round
$37.2 M (USD), Series D
Aug 24, 2022
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Investors
Forest Partners
& 3 more
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Employee Count
1
as on Apr 03, 2024
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Funding Insights of Tridge
Tridge has successfully raised a total of $121.36M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $37.2 million completed in August 2022. 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 5
- Last Round Series D — $37.2M
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First Round
First Round
(01 Nov 2016)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2022 | Amount | Series D - Tridge | Valuation | DS |
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| Jul, 2021 | Amount | Series C - Tridge | Valuation |
investors |
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| Apr, 2020 | Amount | Series B - Tridge | Valuation | SBVA |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Tridge
Tridge has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Forest Partners, DS Asset and SBVA. 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 |
|---|---|---|---|---|
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Venture capital investments are directed toward multiple sectors.
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Founded Year | Domain | Location | |
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Early-stage venture capital arm of SoftBank Group
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Founded Year | Domain | Location | |
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Venture capital fund investing in tech sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Tridge
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Tridge
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Tridge Comparisons
Competitors of Tridge
Tridge 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 Wasoko, Frubana, BigHaat, WayCool and Silo, 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 |
Online B2B marketplace offering groceries for enterprises
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| domain | founded_year | HQ Location |
Online marketplace offering fruits & vegetables
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| domain | founded_year | HQ Location |
Quality agri-inputs and information are delivered through an e-commerce platform.
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| domain | founded_year | HQ Location |
Provider of food supply chain management and farming solutions.
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| domain | founded_year | HQ Location |
Software suite solutions are provided for food distributor businesses.
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| domain | founded_year | HQ Location |
Tech-driven platform for small retailers to manage their working capital and stock
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Tridge
Frequently Asked Questions about Tridge
When was Tridge founded?
Tridge was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Where is Tridge located?
Tridge is headquartered in Seoul, South Korea.
Who is the current CEO of Tridge?
Hoshik Shin is the current CEO of Tridge. They have also founded this company.
Is Tridge a funded company?
Tridge is a funded company, having raised a total of $121.36M across 5 funding rounds to date. The company's 1st funding round was a Series B of $11M, raised on Nov 01, 2016.
How many employees does Tridge have?
As of Apr 03, 2024, the latest employee count at Tridge is 1.
What is the annual revenue of Tridge?
Annual revenue of Tridge is $931.35K as on Mar 31, 2023.
What does Tridge do?
Tridge was founded in 2015 in Seoul, South Korea, as an online B2B marketplace focused on agricultural commodities. A trading platform is provided for producers, growers, importers, and wholesalers. The catalog encompasses fruits, herbs, spices, seasonings, nuts, seeds, vegetables, oils, fats, seafood, meat, coffee, and tea. Operations center on facilitating global supply chain connections in the agriculture sector.
Who are Tridge's investors?
Tridge has 4 investors. Key investors include Forest Partners, DS Asset, SBVA, and Activant Capital.
What is Tridge's valuation?
The valuation of Tridge is $2.7B as of Aug 2022.
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