US unicorn Tradeshift says its IT expansion will be headed from Romania as it plans to triple its local team

Anca Alexe 21/11/2018 | 10:06

Tradeshift, a startup headquartered in San Francisco which became a unicorn earlier this year with a valuation of USD 1.1 billion, is planning a major expansion of its Romania IT center, according to Ziarul Financiar.

The company was founded by Danish entrepreneurs Christian Lanng, Mikkel Hippe Brun and Gert Sylverst, and provides technological solutions to help companies connect with suppliers and make and receive payments faster. It also offers blockchain-based payments, where businesses can use the tech to sell unpaid invoices to investors, according to Bloomberg.

Tradeshift founder and CEO Christian Lanng told ZF during the How to Web conference in Bucharest that the company wants its Romania team to reach 400 members in the next two years. Currently, Tradeshift has 145 employees in the country.

“I’m going to see the next space for our operations here, because our current space is already full,” Lanng said, and added that the company’s Bucharest team will definitely grow, but that they could add an office in another city as well.

Tradeshift’s Bucharest office develops products for final clients, according to the CEO – including solutions involving machine learning and artificial intelligence.