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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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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 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.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2020 | Funding round | $10M | - | - | |
| 2018 | Funding round | $3M | - | - |
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TradeDepot serves 40K customers.
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 generates an estimated $27.6M in annual revenue.
TradeDepot was founded by Onyekachi Izukanne.
The CEO of TradeDepot is Onyekachi Izukanne.
TradeDepot raised $13M across 2 rounds.
TradeDepot has 557 employees.
TradeDepot is headquartered in Lagos, Nigeria.
TradeDepot operates across multiple industries. Browse revenue, funding, and growth data for TradeDepot in each sector below.
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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2024 Revenue
$27.6M(Est.)
Customers
40K
Funding
$13M
Avg ACV
$691
Team
557
Founded
2016
| Year | Milestone | Source |
|---|---|---|
| 2024 | TradeDepot Hit $27.6m revenue in October 2024 | Estimated |
| 2023 | TradeDepot Hit $21.8m revenue in December 2023 | Estimated |
| 2021 | TradeDepot Hit $13.4m revenue in April 2021 | |
| 2016 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 557 employees (December 2024) | |
| 2024 | Reached 559 employees (October 2024) | |
| 2023 | Reached 555 employees (December 2023) | |
| 2023 | Reached 555 employees (September 2023) | |
| 2023 | Reached 550 employees (January 2023) | |
| 2022 | Reached 569 employees (December 2022) | |
| 2022 | Reached 519 employees (January 2022) | |
| 2021 | Reached 407 employees (December 2021) | |
| 2021 | Reached 323 employees (August 2021) | |
| 2021 | Reached 159 employees (April 2021) |
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