Tradeshift becomes a unicorn and plans to recruit 100+ new staff for its Bucharest office

Anca Alexe 08/06/2018 | 13:49

Tradeshift, a business commerce and supply-chain marketplace company, has increased its capital by USD 250 million after a Series E financing round led by Goldman Sachs and PSP Investments, reaching unicorn status with a total estimated value of USD 1.1 billion. The company has also announced its plans to make massive investments in its product, engineering and customer support division in Romania, recruiting over 100 new employees for its Bucharest office.

The Tradeshift office in Bucharest is involved in the company’s core activity of app and cloud infrastructure development for the global market. Tradeshift wants to take advantage of the science and engineering talent in Romania, recognized at a global level.

“We are delighted by a doubling of our growth in Romania and we have over 100 new jobs available. Romania is an extraordinary source of talent, dedicated and passionate people with a very well-developed technical background. We are looking for colleagues who love challenges and who want to work in a company with a collaborative culture offering global opportunities,” said Toni Nielson, Tradeshift’s recruitment director.

Tradeshift authorizes payments in logistical chains and marketplaces for over 1.5 million companies globally, including Air France-KLM, DHL, Fujitsu, HSBC, Siemens, Societe Generale, Unilever, Volvo.