Startups
TRADE X offers Dealers an interactive and fully encompassing global automotive trading platform, connecting authorized buyers and sellers all over the world in an end-to-end, full service trading solution, handling logistics, compliance and trade finance.
TRADE X has combined an inventory and distribution system, trade data compliance, digital trade documentation, payments, forwarding, trade financing solutions, and accountability systems in a single platform to deliver a safer, faster and more efficient experience.
We believe in TRADE WITHOUT BORDERS.
TRADE X has combined an inventory and distribution system, trade data compliance, digital trade documentation, payments, forwarding, trade financing solutions, and accountability systems in a single platform to deliver a safer, faster and more efficient experience.
We believe in TRADE WITHOUT BORDERS.
Overview
Location
United Arab Emirates, Dubai
Employees
51-200
Phone
+1 888-253-1623
Total raised
$131.6M
Founded date
2018
Investors 6
| Date | Name | Website |
| Sign up to see | Sign up to see | Sign up to see |
| Aug 10, 2022 | AltaIR Capital | altair.vc |
| Mar 23, 2022 | EchoVC Partners | echovc.com |
| Aimia | aimia.com | |
| University Growth Fund | ugrowthfund.com | |
| Dec 13, 2021 | Frontier Ventures | frontier.ventures |
Funding Rounds 2
| Date | Series | Amount | Investors |
| Sign up to see | Sign up to see | Sign up to see | Sign up to see |
| Aug 30, 2021 | Grant | $100M |
Mentions in press and media 21
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| Jun 2, 2022 | TRADE X Enhances and Expands its Innovative 'Brain' Platform | Company expands data science team as it enhances Brain capabilities, and advances its strategic focus to add more international trading corridors TORONTO, June 2, 2022 /PRNewswire/ -- TRADE X, a global B2B cross-border automotive trading pl... |
| Dec 17, 2021 | Aimia Invests Additional $31.6 Million in TRADE X | |
| Dec 17, 2021 | AIMIA INVESTS ADDITIONAL $31.6 MILLION IN TRADE X | (All figures in Canadian dollars unless otherwise noted) TORONTO, Dec. 17, 2021 /CNW/ - Aimia Inc. (TSX: AIM), is pleased to announce that it has invested $31.6 million (US$25.0 million) in a Convertible Note of TRADE X, the proceeds of whi... |
| Dec 17, 2021 | Trade X Corporation announced that it has received CAD 31.6 million in funding from Aimia Inc. | Trade X Corporation announced that it has issued convertible note for an aggregate gross proceeds of CAD 31.6 million on December 17, 2021. The transaction included participation from returning investor, Aimia Inc. The note will be converti... |
| Sep 16, 2021 | TRADE X Announces Data Integration Agreement with Leading Automotive Data Provider Canadian Black Book | |
| Sep 7, 2021 | TRADE X Announces Acquisition of Automotive Export Company Techlantic Ltd. | The B2B automotive trading platform adds Techlantic, an expert in trade financing and wholesale automotive trading, to its global group of companies TORONTO, Sept. 7, 2021 /PRNewswire/ -- Trade X Group of Companies Inc. (TRADE X), a global ... |
| Aug 31, 2021 | Databricks CEO on why Morgan Stanley is leading its new round of funding | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. Paid Content Why the Electricity 4.0 moment is here From Schneider Electric There’s plenty of tal... |
| Aug 31, 2021 | Databricks CEO on why Morgan Stanley is leading its new round of funding | There’s plenty of talk at this time in fundraising about venture capitalists winning deals by offering ever larger checks, especially in the later stages of fundraising. Paid Content Building a connected organization From Future Forum by Sl... |
| Aug 30, 2021 | Trade X Raises $10M in Equity Funding | Trade X Group of Companies Inc., a Toronto, Canada-based B2B automotive trading platform, raised $10M in equity funding. The additional equity funding of US$10 million, at a US$250 million pre-money valuation, is led by a group of new inves... |
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FAQ about TRADE X
When was TRADE X founded?
TRADE X was founded in 2018.
How much funding has TRADE X raised?
TRADE X has raised $131.6M in total across 2 funding rounds.
What funding rounds has TRADE X raised?
Parsers VC lists 2 funding rounds of TRADE X, among them a grant of $100M on Aug 30, 2021.
Who has invested in TRADE X?
Parsers VC lists 6 investors of TRADE X, among them AltaIR Capital, EchoVC Partners and Frontier Ventures.
What has the press written about TRADE X?
Parsers VC has collected 21 articles mentioning TRADE X, among them “TRADE X Enhances and Expands its Innovative 'Brain' Platform” (Jun 2, 2022) and “Aimia Invests Additional $31.6 Million in TRADE X” (Dec 17, 2021).
Is TRADE X still active?
Yes, TRADE X is active; its latest activity on Parsers VC dates from Aug 10, 2022.