TradeGecko Snags $6.5M Series A To Help Businesses Wrangle Inventory


TechCrunch

TradeGecko, a software-as-a-service startup that lets business owners manage inventory and orders without resorting to spreadsheets or enterprise resource planning (ERP) software, has raised a $6.5 million series A round.

The funding, led by NSI Ventures and Jungle Ventures, will be used to hire new employees, including customer support staff, build new product features, and expand TradeGecko’s operations in the U.S. and Australia.

The Singapore-based startup currently has customers in about 90 countries (founder and CEO Cameron Priest won’t disclose the exact number, but says its client base includes a “few thousand” businesses) and claims it has helped process nearly $1 billion in transactions.

“Not a lot of people question how Amazon sources all their stuff or how their favorite retailer sources all their stuff,” says Priest.

“That retailer has such a difficult time. If he wants to order a certain wine, he needs to find a wholesaler, then he needs…

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