TradePending revenue hit $38.5M in 2024

TradePending generates revenue from customers

TradePending

Carrboro, North Carolina, United States

About Company RevenueTeamFounder/CEOCEO Net Worth

How TradePending hit $38.5M revenue with a 109 person team in 2023.

Launched in 2014, TradePending was founded with the goal of simplifying the automotive buying process. Today, TradePending connects dealers and consumers throughout North America with its three innovative products: SNAP, Superlatives, and the SNAP API. SNAP is a user-friendly tool that seamlessly integrates into websites to provide quick and accurate trade-in valuations. Consumers benefit from rapid access to market data for valuing their trade-ins, whether they are using a desktop or mobile device. Dealerships using SNAP enjoy increased leads and inventory sourcing, thanks to its advanced valuation methodology, making it a high-return investment in digital marketing strategies. In contrast to most merchandising solutions that focus solely on price, Superlatives enhances your inventory's appeal by showcasing its unique and valuable attributes through automatically applied "badges" on Search Results Page (SRP) and Vehicle Details Page (VDP) listings. These badges indicate market supply and demand, as well as popular local market features, encouraging buyers to act swiftly and engage more with the dealership's website. By emphasizing value over price, Superlatives elevates the online merchandising experience from the showroom to the digital realm. TradePending spearheads the automotive market data movement with its revolutionary SNAP API, which addresses the complex challenge of trade-in valuations in digital retailing. The SNAP API has been adopted by over 50 companies across various industries, offering access to an extensive database of over 900 million daily updated data points for creating customized products and applications. TradePending stands out as a leader in data-powered lead generation and transparency within the automotive industry.

Founded

2014

Founded

Revenue

$38.5M

2023 Revenue

YOY

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YOY

Funding

$0

Funding

TradePending Revenue

In 2023, TradePending revenue run rate hit $38.5M in revenue.

  • 2023

    TradePending hit $38.5M in revenue in 2023

  • 2014

    TradePending launched in 2014 with $0 revenue

TradePending Funding History


No funding has been reported for TradePending yet.

Team

TradePending has 109 total employees.

DISTRIBUTION QTY
Total team size 109

Founder / CEO

Brice Englert

Q&A

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Customers

Churn

TradePending Executives

Name Position Working Email Personal Email
Brice Englert CEO [email protected] -

TradePending Employees

Name Position Working Email Personal Email
Brice Englert CEO [email protected] -

Frequently Asked Questions about TradePending

  • When was TradePending founded?

    TradePending was founded in 2014.

  • How much revenue does TradePending generate?

    TradePending generates $38.5M in revenue.

  • Who is the CEO of TradePending

    The CEO of TradePending is Brice Englert.

  • How much funding does TradePending have?

    TradePending raised $0.

  • How many employees does TradePending have?

    TradePending has 109 employees.

  • Where is TradePending headquarters?

    TradePending is headquartered at Carrboro, North Carolina, United States

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