Tradeshift

Tradeshift is a cloud platform for accounts payable automation, e-invoicing, procurement and supply chain finance. It supports e-invoicing compliance in roughly 70 countries and connects a supplier network of more than 1.5 million businesses. Customers include DHL, Danone, HSBC, Kuehne + Nagel and Air France KLM. It is a SaaS business that also offers embedded financial services. It became a unicorn with a $250M round in 2018 at a $1.1B valuation, and it raised a further $70M in 2023. Reported total funding is about $1.1–1.24B, depending on the source.