When was Fordaq founded?

Fordaq was founded in 2000 and raised its 1st funding round 19 years after it was founded.

Where is Fordaq located?

Fordaq is headquartered in Brussels, Belgium.

How many employees does Fordaq have?

As of Jul 01, 2024, the latest employee count at Fordaq is 11 - 50.

Is Fordaq a funded company?

Fordaq is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Feb 01, 2019.

When was the latest funding round of Fordaq?

Fordaq's latest funding was a $***** Grant (prize money) round on Jul 31, 2019, with participation from 1 investor.

Where does Fordaq rank among its competitors?

Fordaq ranks 2nd amongst 3 active competitors, none of which are funded.

Fordaq - 2026 Company Profile, Team, Funding & Competitors

Fordaq is a funded company based in Brussels (Belgium), founded in 2000 by Benoit Nieuwenhuys. It operates as a B2B wood trading platform. Fordaq has raised an undisclosed amount in funding. The company has 3 active competitors. Its top competitors are McCoy Mart and Mr. Bricolage.

Company Details

Fordaq is a B2B wood trading platform which connects buyers to the registered sellers. It has more than 200k registered members comprising of log producers, importers, industrial users, etc. The company claims to be present in more than 180 countries and witnesses about 1.5m visits per month.

Website: fordaq.com
Social
Email ID: *****@fordaq.com
Phone Number: +32 **********

Key Metrics

Founded Year

2000

Location

Brussels, Belgium

Stage

Funding Raised

Latest Funding Round

Grant (prize money), Jul 31, 2019, $*****

Investors

EIC Fund & 1 more

Ranked

2^nd among 3 active competitors

Employee Count

11 - 50 as on Jul 01, 2024

Similar Companies

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View Fordaq's full profile

Fordaq is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
FORDAQ CIN: "0471664082 , Norway, Active	Apr 10, 2000	-	-

Fordaq has raised funding over 2 rounds. Its first funding round was on Feb 01, 2019. Its latest funding round was a Grant (prize money) round on Jul 31, 2019 for $*****. 1 investor participated in its latest round. Fordaq has 2 institutional investors.

Here is the list of recent funding rounds of Fordaq:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 31, 2019	7660384	Grant (prize money)	7545328	8247003	5665015	2452603
Feb 01, 2019	7167066	Grant (prize money)	6346247	6203131	2768448	Europa

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View details of Fordaq's funding rounds and investors

The founders of Fordaq is Benoit Nieuwenhuys.

Here are the details of Fordaq's key team members:

Benoit Nieuwenhuys: Founder & Chief Executive Officer of Fordaq.

View details of Fordaq's Founder profiles and Board Members

Fordaq's employee count trend

Fordaq has 11 - 50 employees as of Jul 24. Here is Fordaq's employee count trend over the years:

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Top competitors of Fordaq include McCoy Mart and Mr. Bricolage. Here is the list of Top 10 competitors of Fordaq, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	McCoy Mart 2017, Delhi (India), Unfunded	Online retailer of building, construction, home improvement, and safety materials	-	-	39/100
2nd	Fordaq 2000, Brussels (Belgium), Funding Raised	B2B wood trading platform	-	EIC Fund, Europa	29/100
3rd	Mr. Bricolage 2000, Namur (Belgium), Unfunded	Provider of an online marketplace for procuring building materials	-	-	28/100