Tridge set to become unicorn company B2B platform raises 70 billion won from Forest Partners
Translated by Kim So-in 공개 2021-06-11 07:51:29
이 기사는 2021년 06월 11일 07:36 thebell 에 표출된 기사입니다.
Tridge, South Korea’s B2B platform for food and agricultural goods, is set to become a unicorn company with a valuation over 1 trillion won ($897 million).Seoul-based private equity (PE) firm Forest Partners recently invested 70 billion won in Tridge, industry sources said Wednesday. The PE firm has made an additional investment after it first invested in the platform in 2018. The PE firm also invested 10 billion won in Tridge last year to capitalize on the company’s growth potential in overseas markets.
Founded in 2014, Tridge provides digital trading platform for food and agricultural products. The company helps clients effectively identify the right suppliers, receive offers with competitive prices, and get connected with verified parties in up to 70 countries.
Tridge raised 3 billion won from SoftBank Ventures in a Series A funding round in 2016. It raised 3 billion won from Forest Partners and 500 million won from SoftBank Ventures in 2018. U.S.-based Activant Capital also invested around 2.2 billion won in the company, valuing the company at 150 billion won. Tridge’s enterprise value has tripled in three years.
With its platform model starting to get commercialized, Tridge’s enterprise value has increased rapidly. The company currently owns more than 10 billion trading data for more than 1200 products while providing price data for 600 million products and directory of more than 10 million suppliers and consumers. Last year, Tridge launched its market intelligence service for global distribution companies and consulting firms and the non-face-to-face fulfillment service, which is showing rapid growth. (Reporting by Se-hun Jo)
< 저작권자 ⓒ 자본시장 미디어 'thebell', 무단 전재, 재배포 및 AI학습 이용 금지 >
best clicks
최신뉴스 in 전체기사
-
- 경남제약 품는 휴마시스, 유통네트워크·진단키트 '시너지'
- [Company Watch]글로벌텍스프리, 프랑스 자회사 '적자 전환'
- [Red & Blue]'주목도 높아지는 폐배터리' 새빗켐, 침묵 깨고 반등
- [HLB '리보세라닙' 미국 진출기]시장 우려 불식 나선 진양곤, 갑자기 마련된 기자회견
- 효성화학 특수가스 사업부, '경영권 지분 매각'으로 선회
- 한양, 만기도래 회사채 '사모채'로 차환한다
- 동인기연, 'GS 출신' 30년 베테랑 전호철 상무 영입 '성장 방점'
- 에스트래픽, 적자 '일시적 현상'... 2분기 수익개선 기대
- [Company Watch]'자회사 회생신청' 투비소프트, 성과 없는 신사업
- '크라우드 펀딩' 와디즈, '테슬라 요건' 상장 추진