Goldman Sachs has co-led a $250m round for Tradeshift that also featured HSBC, valuing the business payment platform at $1.1bn.
US-based invoicing software provider Tradeshift secured $250m today in a series E round featuring financial services firm HSBC that valued it at $1.1bn.
Investment bank Goldman Sachs and Canadian state-owned pension fund manager Public Sector Pension Investment Board co-led the round, which included GP Bullhound, H14 and Gray Swan, a venture capital firm established by Tradeshift’s founders.
Tradeshift operates a cloud-based supply chain payments and marketplaces platform aimed at business-to-business transactions.
The company’s offering includes a tool for digital invoicing…
