TradeDepot

Active#8 in Nigeria

B2B consumer-goods distribution

Commerce›B2B consumer-goods distribution

Founded2016

HQLagos

RaisedUSD ~84M equity

Last roundSeries B · Dec 2021

Country of originNigeriaListed in the Nigeria ranking

Where would you invest?Operations in Nigeria; US entityJurisdiction as cited by the ranking

Uback rankings

How the AI ranks →

Ranking	Tier	Rank	Edition	Next update
Nigeria · all sectors	Top 15	#8	Edition 0 – beta · October 2026	8 Oct 2026

Rank historyOct 2026 · #8First edition: no movements yet.

Estimated valuation

AI · Nigeria ranking

≈ USD 220MUSD 140–330M · Hundreds of M$ Medium confidence

Hundreds of k$

Millions $

Tens of M$

Hundreds of M$

Unicorn

Decacorn

Anchor: Last known equity round: Series B · USD 42M · Dec 2021
AI adjustment: None

An indicative editorial estimate produced by AI, imperfect by nature: neither a financial valuation nor investment advice. Only the market sets a company’s value. Method

Funding history

USD ~84M equity raised in total

Date	Round	Amount	Type	Investors	Source
Dec 2021	Series B	USD 42M equity (+ USD 68M debt)	Equity	IFC	techcrunch.com

Rounds as cited by Uback’s rankings and their sources. Equity, debt and grants are shown separately; only equity rounds count towards the valuation anchor.

Independent analyses

By industry professionals & analysts

Industry professionals and financial analysts can publish their own analysis of TradeDepot as a PDF, on one of three angles only:

ValuationWhat is TradeDepot worth?

Versus competitorsIs #8 the right rank?

Who should acquire itStrategic buyers, and why

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Analyses are the opinion of their authors, not of Uback. They are checked before publication and never change the rank.

Invest

TradeDepot is not open to Backers. A company opens only when a shareholder plans to sell or the company plans to raise.

Back the market instead: your intention joins a pool, passed to the local partner once it reaches critical mass.

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Nigeria poolBelow threshold

BackersBelow threshold

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What the AI reads

Press & investor announcements1 source

Read by the AI at the next edition.

Comparable companies in Nigeria

Full Nigeria ranking →

OmniRetail#14Commerce › B2B retail distributionHundreds of M$Sabi#15Commerce › commodity traceability (formerly B2B distribution)Tens of M$Terra Industries#7Defence tech › drones and autonomous surveillanceHundreds of M$FairMoney#9Fintech › credit-led neobankHundreds of M$

Investors in TradeDepot: IFC

Sources. techcrunch.com

Last updated: Oct 2026Report an error

Uback is a content publisher. It provides no investment advice, receives no mandate and takes part in no transaction. Rankings, ranges and brackets are editorial estimates produced by AI, purely indicative.