Notion Capital et al. in $75m series-D for Tradeshift

The round was led by VC fund Data Collective, which was joined by HSBC, American Express Venture, CreditEase and Pavilion Capital. Notion was an existing investor in the company before the round.

With the latest capital injection, Tradeshift has raised around $175m in venture funding since it was founded in 2009.

According to the Wall Street Journal, the series-D values Tradeshift in excess of $500m.

Previous funding
According to unquote" data, Tradeshift first raised institutional funding in 2011 with a $7m round from Notion, followed by a $17m series-B later the same year with Notion and Kite Ventures.

The company raised a further $75m in a 2014 series-C round, which saw participation from new and existing investors. The backers of Tradeshift include Scentan Ventures, PayPal, Intuit and Anzen Private Equity, among others.

Company
Founded in Copenhagen in 2009, Tradeshift is a San Francisco-based online invoicing platform.

The company employs 200 people across seven counties.

People
Tradeshift – Christian Lang (CEO, co-founder).

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• Topics
• Expansion
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• Late stage funding
• Venture