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.