# Tradeshift

> Tradeshift is a cloud business network for enterprise accounts payable automation, electronic invoicing and international compliance. It connects buyers and suppliers, validates and routes invoice data, integrates with existing finance systems and supports financing through partnerships.

- **Founded:** 2010
- **Headquarters:** San Francisco, United States
- **Founders:** Christian Lanng (Co-founder; former CEO), Mikkel Hippe Brun (Co-founder), Gert Sylvest (Co-founder; technical architect)
- **Products:** AP automation, Global e-invoicing compliance, Babelway, AskAda, Reporting & Analytics
- **Notable:** Company reports 10 million invoice documents processed monthly., Company reports e-invoicing compliance coverage in approximately 70 countries., Raised a $250 million Series E at a $1.1 billion valuation in May 2018.

## Products & services

- **AP automation** — Multi-source invoice capture, validation, matching, approval routing, audit trails and ERP integration.
- **Global e-invoicing compliance** — Country-specific invoice compliance and clearance; company reports coverage in approximately 70 countries.
- **Babelway** — Cloud B2B and EDI integration platform acquired in December 2018.
- **AskAda** — Embedded generative AI assistant for seller product and onboarding questions.
- **Reporting & Analytics** — Invoice reporting with conversational analytics and a seller payment predictor; four new seller reports launched in June 2026.
- **B2B marketplaces and procurement** — Digital buying and selling capabilities within the broader business commerce platform.
- **SemFi by HSBC** — Joint venture with HSBC for embedded finance, initially including invoice financing and virtual business cards.

## Achievements

- Company reports 10 million invoice documents processed monthly.
- Company reports e-invoicing compliance coverage in approximately 70 countries.
- Raised a $250 million Series E at a $1.1 billion valuation in May 2018.
- Acquired Babelway in December 2018.
- Company reports Strong Performer recognition in the Forrester AP Invoice Automation Wave, Q2 2026.

## Latest updates

- **2025-02** — Mike Cowles appointed CEO.
- **2025-11** — Revised seller pricing began rolling out, reducing the free tier to 30 documents per quarter.
- **2026-06** — Four seller reports became available on June 16: document headers, document lines, users and connections.

## Links

- Website: https://tradeshift.com/
- LinkedIn: https://www.linkedin.com/company/tradeshift/
- Twitter/X: https://twitter.com/tradeshift
- GitHub: https://github.com/Tradeshift
- YouTube: https://www.youtube.com/tradeshift
- Facebook: https://www.facebook.com/Tradeshift

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Profile page: https://yespress.io/tradeshift
Published by YesPress — https://yespress.io
Last updated: 2026-10-01