TradeGecko explained

TradeGecko
Type:Private limited company
Founder:Cameron Priest (CEO)
Bradley Priest (CTO)
Carl Thompson (CMO)
Area Served:Worldwide
Industry:Software as a Service
Products:Cloud Inventory & Order Management
Foundation:2012
Location City:Singapore
Location Country:Singapore
Locations:Offices in 3 countries

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

Notes and References

  1. Web site: TradeGecko connects with Shopify, more integrations soon to simplify inventory management. Winnie. Nelson. e27.
  2. Web site: 2013 Red Herring Asia: Finalists. Red Herring.
  3. Web site: PageOne. 2020-08-04. Intuit is paying over $80 million to acquire TradeGecko. 2020-08-04. PageOne. en-US.
  4. Web site: Inventory And Sales Management App TradeGecko Enters Public Beta. October 16, 2012.
  5. Web site: Remix Magazine Online - Home - Helping designers run their business . 2013-11-19 . dead . https://web.archive.org/web/20131122023810/http://www.remix.co.nz/home/2012/10/18/helping-designers-run-their-business.html . 2013-11-22 .
  6. Web site: NZ girls getting creative . 2013-11-20 . dead . https://archive.today/20131120055303/http://www.chelsey.co.nz/power-and-inspiration/career-business-and-politics/nz-girls-getting-creative . 2013-11-20 .
  7. Web site: TradeGecko reels in $650k in funding :: Idealog :: The magazine and website of New Zealand creative business, ideas and innovation . 2013-11-20 . 2013-11-23 . https://web.archive.org/web/20131123175330/http://www.idealog.co.nz/news/2012/12/tradegecko-reels-650k-funding . dead .
  8. Web site: TradeGecko launches to the public. October 17, 2012.
  9. News: TradeGecko Snags $6.5M Series A To Help Businesses Wrangle Inventory. Shu. Catherine. TechCrunch. 2017-11-15. en.