Singapore's TradeGecko receives NSI, Jungle backing

TradeGecko was set up in 2012 by three New Zealanders, Carl Thompson and brothers Cameron and Bradley Priest. The team moved to Singapore after being accepted into the JFDI.Asia accelerator, and launched its product the same year.

TradeGecko is a cloud-based inventory and sales management platform for small- and medium-sized enterprises (SMEs). The software-as-a-service (SaaS) also allows users to integrate existing accounting, e-commerce, and shipping systems like Quickbooks, Xero, Shopify, Bigcommerce and ShipStation.

Following an initial investment of $20,000 from JFDI.Asia, the company raised a $1.2 million seed round from Wavemaker Labs, Golden Gate Ventures, 500 Startups, and Jungle Ventures.

The business currently employs around 60 people across its offices in Singapore and Manila, and has customers in 100 countries. It claims to have facilitated nearly $1 billion in transactions within its first three years of operation.

In a release TradeGecko said it planned to expand to over 200 staff; set up offices in the United States, Australia and Hong Kong; and launch additional initiatives and partnerships for the platform. The company also has also announced the recent appointment of Nathalie Benzing - former global head of post-merger integration at Autodesk - as its COO.

"In the last few years, TradeGecko has created wonderfully designed products that have a highly engaged and fast growing customer base across the world," said Amit Anand, managing partner at Jungle Ventures. "TradeGecko has as a bright future as the leading provider of cloud-based, mobile software for retailers and wholesalers in the ever growing and complex world of global e-commerce."

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• Topics
• Technology
• Early-stage
• Venture
• Southeast Asia
• Technology
• Jungle Ventures
• NSI Ventures
• Venture
• Singapore
• Southeast Asia