TradeGecko

TradeGecko

TradeGecko

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

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