SAN FRANCISCO--(BUSINESS WIRE)--Tradeshift, the leader in supply chain payments and marketplaces, has been named to Fast Company’s prestigious annual list of the World’s Most Innovative Companies for 2020. The list honors the businesses making the most profound impact on both industry and culture, showcasing a variety of ways to thrive in today’s fast-changing world. This year’s MIC list features 434 businesses from 39 countries.
“2020 is shaping up to be a truly transformational year for Tradeshift as we prepare to launch new products and continue to accelerate towards near-term profitability,” said Christian Lanng, CEO, Tradeshift. “Ten years ago, Tradeshift was three guys sitting in a garage with a vision to connect every business in the world digitally, creating economic opportunity for all. Our ranking as one of the world’s most innovative companies is a testament to our customers, our partners and the incredible team we have assembled across the world to bring that vision into reality.”
Tradeshift, whose customers include over 150 of the Fortune 500, has posted consistent and strong revenue growth figures every quarter for the past two years. The company recently announced a funding round of $240 million designed to help continue its trajectory of growth while also providing a strong runway to reach profitability.
Tradeshift’s strategy for the next phase in its evolution has been further strengthened by the appointment of several senior hires, including industry veteran Raphael Braes, who has joined as Chief Product Officer, and Tony Alvarez, formerly of SAP Ariba.
Alvarez will oversee the roll-out of Tradeshift’s category-defining seller onboarding offering. He will also have responsibility for supercharging the company’s large and growing network finance program, providing much needed liquidity to companies in 100+ countries.
The World’s Most Innovative Companies is Fast Company’s signature franchise and one of its most highly anticipated editorial efforts of the year. It provides both a snapshot and a road map for the future of innovation across the most dynamic sectors of the economy.
“At a time of increasing global volatility, this year’s list showcases the resilience and optimism of businesses across the world. These companies are applying creativity to solve challenges within their industries and far beyond,” said Fast Company senior editor Amy Farley, who oversaw the issue with deputy editor David Lidsky.
Fast Company’s Most Innovative Companies issue (March/April 2020) is now available online at fastcompany.com/most-innovative-companies/2020, as well as in app form via iTunes and on newsstands beginning March 17, 2020. The hashtag is #FCMostInnovative.
Tradeshift drives supply chain innovation for the digitally connected economy. As the leader in supply chain payments and marketplaces, the company helps buyers and suppliers digitize all their trade transactions, collaborate on every process, and connect with any supply chain app. More than 1.5 million companies across 190 countries trust Tradeshift to process over half a trillion USD in transaction value, making it the largest global business network for buying and selling. Discover commerce for all at tradeshift.com.
About Fast Company
Fast Company is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies, and thinkers on the future of business. Since 2011, Fast Company has received some of the most prestigious editorial and design accolades, including the American Society of Magazine Editors (ASME) National Magazine Award for “Magazine of the Year,” Adweek’s Hot List for “Hottest Business Publication,” and six gold medals and 10 silver medals from the Society of Publication Designers. The editor-in-chief is Stephanie Mehta and the publisher is Amanda Smith. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, along with our sister publication Inc., and can be found online at www.fastcompany.com.