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TradeDepot Revenue & Funding (2024)

TradeDepot generated an estimated $27.6M in annual revenue in 2024. Source: GetLatka estimate

Provider of a retail platform designed to connect distributors, wholesalers and retailers online on one platform. The company's platform uses artificial intelligence and machine learning to provide predictive analysis to run targeted campaigns, set product prices competitively, optimize inventory and auto-generate sale promotions, enabling fast-moving consumer goods companies, distributors and retailers to have visibility and control over the route-to-market for manufacturers and avoid out of stock situations.

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TradeDepot Revenue

In 2024, TradeDepot's revenue reached $27.6M. The company previously reported $21.8M in 2023. Since its launch in 2016, TradeDepot has shown consistent revenue growth.

TradeDepot Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$6M$12M$18M$24M$30M201620172018201920202021202220232024$0$13.4M$21.8M$27.6MSource: GetLatka.com
YearMilestoneSource
2024TradeDepot Hit $27.6m revenue in October 2024Estimated
2023TradeDepot Hit $21.8m revenue in December 2023Estimated
2021TradeDepot Hit $13.4m revenue in April 2021Not recorded
2016Launched with $0 revenue

TradeDepot Valuation, Funding Rounds

TradeDepot has not publicly disclosed its valuation. The company has raised $13M in total funding to date.

TradeDepot has raised $13M in total funding across 2 rounds, with its most recent round in 2020.

TradeDepot Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$3M$0.4$6M$0.6$9M$0.8$12M$1$15M20162017201820192020Source: GetLatka.com
YearRoundAmountValuation% SoldSource
2020Funding round$10M--Not recorded
2018Funding round$3M--Not recorded

Customers

TradeDepot serves 40K customers.

TradeDepot Employees & Team Size

TradeDepot employs approximately 557 people as of 2026, up from 555 in 2023, including 165 sales reps that carry a quota. It serves 40K customers that rely on its solutions.

TradeDepot Team GrowthReported headcount over time012525037550062520162017201820192020202120222023202400557557Source: GetLatka.com
YearMilestoneSource
2024Reached 557 employees (December 2024)Not recorded
2024Reached 559 employees (October 2024)Not recorded
2023Reached 555 employees (December 2023)Not recorded
2023Reached 555 employees (September 2023)Not recorded
2023Reached 550 employees (January 2023)Not recorded
2022Reached 569 employees (December 2022)Not recorded
2022Reached 519 employees (January 2022)Not recorded
2021Reached 407 employees (December 2021)Not recorded
2021Reached 323 employees (August 2021)Not recorded
2021Reached 159 employees (April 2021)Not recorded

Frequently Asked Questions about TradeDepot

What is TradeDepot's revenue?

As of 2024, TradeDepot generated an estimated $27.6M in annual revenue.

Who founded TradeDepot?

TradeDepot was founded by Onyekachi Izukanne.

Who is the CEO of TradeDepot?

The CEO of TradeDepot is Onyekachi Izukanne.

How much funding does TradeDepot have?

TradeDepot raised $13M across 2 rounds.

How many employees does TradeDepot have?

As of 2024, TradeDepot had 557 employees.

Where is TradeDepot headquartered?

TradeDepot is headquartered in Lagos, Nigeria.

Compare TradeDepot to the industry

TradeDepot operates across multiple industries. Browse revenue, funding, and growth data for TradeDepot in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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