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TradeGecko

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TradeGecko
Company typePrivate limited company
IndustrySoftware as a Service
Founded2012
FounderCameron Priest (CEO)
Bradley Priest (CTO)
Carl Thompson (CMO)
Headquarters,
Number of locations
Offices in 3 countries
Area served
Worldwide
ProductsCloud Inventory & Order Management
Websitewww.tradegecko.com

TradeGecko is a Singapore based software-as-a-service company that develops online inventory and order management software targeted at SMEs.

TradeGecko provides an inventory management platform targeted at wholesalers and online retailers. The system also integrates with other cloud based software such as Shopify e-commerce, WooCommerce e-commerce, and Xero accounting.[1]

The company was recognised as one of the most innovative business-to-business software providers at the Red Herring Asia 100.[2] On August 4, 2020, Intuit announced an acquisition of TradeGecko for more than US$80 million.[3]

History

TradeGecko was launched in 2013 by Carl Thompson and brothers Cameron and Bradley Priest, three New Zealanders.[4][5][6]

Thompson, who ran the label Crowded Elevator, saw the need for a solution in managing inventory administration and made the decision to create one.[4] "Running my clothing label was exciting and I enjoyed it a lot. But we grew very fast and the amount of administration quickly overwhelmed us. I couldn’t find a solution to pull it all together. Spreadsheets and manual data processing turned into an absolute nightmare," he said.[7]

The trio went through the JFDI.Asia Accelerate program before going on to raise a round of financing through from Singapore-based investors.[8] In April 2015, TradeGecko raised $6.5 million series A round led by NSI Ventures and Jungle Ventures.[9]

See also

References

  1. ^ Nelson, Winnie. "TradeGecko connects with Shopify, more integrations soon to simplify inventory management". e27.
  2. ^ "2013 Red Herring Asia: Finalists". Red Herring.
  3. ^ PageOne (2020-08-04). "Intuit is paying over $80 million to acquire TradeGecko". PageOne. Retrieved 2020-08-04.
  4. ^ a b "Inventory And Sales Management App TradeGecko Enters Public Beta". October 16, 2012.
  5. ^ "Remix Magazine Online - Home - Helping designers run their business". Archived from the original on 2013-11-22. Retrieved 2013-11-19.
  6. ^ "NZ girls getting creative". Archived from the original on 2013-11-20. Retrieved 2013-11-20.
  7. ^ "TradeGecko reels in $650k in funding :: Idealog :: The magazine and website of New Zealand creative business, ideas and innovation". Archived from the original on 2013-11-23. Retrieved 2013-11-20.
  8. ^ "TradeGecko launches to the public". October 17, 2012.
  9. ^ Shu, Catherine. "TradeGecko Snags $6.5M Series A To Help Businesses Wrangle Inventory". TechCrunch. Retrieved 2017-11-15.