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TRADE X - About the company

TRADE X is a deadpooled company based in Mississauga (Canada), founded in 2018. It operates as an Automotive B2B trading solution for auto dealers. TRADE X has raised $35M in funding from investors like EchoVC Partners, Aimia and Frontier Ventures. The company has 36 active competitors, including 4 funded and 4 that have exited. Its top competitors include companies like Copart, Autozen and Trade Helper.

Company Details

Automotive B2B trading solution for auto dealers. It connects buyers/sellers & provides access to the digital marketplace & a complete set of trade instruments to fulfill their transactions. It offers inventory management, a distribution system, trade compliance, reputation system, data management & more.
Email ID
*****@tradexport.com
Phone Number
+1 **********
Key Metrics
Founded Year
2018
Location
Mississauga, Canada
Stage
Deadpooled
Total Funding
$35M in 3 rounds
Ranked
Employee Count
73 as on Sep 30, 2026
Investment & Acquisitions
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TRADE X's funding and investors

TRADE X has raised a total funding of $35M over 3 rounds. Its first funding round was on Feb 24, 2021. Its latest funding round was a Conventional Debt round on Nov 30, 2021 for $*****. 1 investor participated in its latest round. TRADE X has 8 institutional investors.

Here is the list of recent funding rounds of TRADE X:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 30, 2021
8488603
Conventional Debt
4780390
9743010
3671606
6213164
Jul 27, 2021
6904687
Series C
7450192
2572612
7829214
3392274
Feb 24, 2021
6140368
Conventional Debt
1272053
2168466
4846419
6692334
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TRADE X's founders and board of directors

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TRADE X's employee count trend

TRADE X has 73 employees as of Sep 26. Here is TRADE X's employee count trend over the years:
Employee count trend for TRADE X
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TRADE X's Competitors and alternates

Top competitors of TRADE X include Copart, Autozen and Trade Helper. Here is the list of Top 10 competitors of TRADE X, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Copart
Copart
1982, Dallas (United States), Public
Online marketplace for used and salvaged vehicles
$1.1M
-
72/100
2nd
Logo for Autozen
Autozen
2020, Canada, Seed
Online P2P auction-based marketplace for used cars
$8.14M
42/100
3rd
Logo for Trade Helper
Trade Helper
2012, Laval (Canada), Acquired
App that provides an auction-based platform for multi-category vehicles
-
-
41/100
4th
Logo for TRADE X
TRADE X
2018, Mississauga (Canada), Deadpooled
Automotive B2B trading solution for auto dealers
$35M
40/100
5th
Logo for MintList
MintList
2020, Vancouver (Canada), Seed
Online used car dealer
$3.2M
34/100
6th
Logo for Impact Auto Auctions
Impact Auto Auctions
1984, Mississauga (Canada), Unfunded
App-based auction platform of second-hand automobiles
-
-
33/100
7th
Logo for TradeRev
TradeRev
2009, Carmel (United States), Acquired
Revolutionizing automotive sales with a combined marketplace for dealers
-
-
29/100
8th
Logo for Regal Auctions
Regal Auctions
1985, Calgary (Canada), Unfunded
Online auction-based platform for used vehicles
-
-
29/100
9th
Logo for Selectbidder
Selectbidder
2011, Moncton (Canada), Seed
Real-time appraisals & offers at dealer auctions
$200K
27/100
10th
Logo for Repo.com
Repo.com
1995, Burnaby (Canada), Unfunded
Online auction-based platform for used vehicles
-
-
27/100
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TRADE X's Investments and acquisitions

TRADE X has made 1 investment in Octamile and acquired Techlantic.

Reports related to TRADE X

Here is the latest report on TRADE X's sector:

News related to TRADE X

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FAQs about TRADE X

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