SoftBank backed Tridge's vision for an ethical online farmers' market. We got an exclusive look at its pitch deck.

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SoftBank backed Tridge's vision for an ethical online farmers' market. We got an exclusive look at its pitch deck.
Hoshik Shin, CEO of Softbank-backed startup Tridge

Tridge

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Hoshik Shin, CEO of Tridge, which has been backed by Softbank

  • Tridge is an online marketplace connecting farmers using ethical methods with buyers around the world.
  • The Seoul-based startup, founded by Hoshik Shin in 2015, has been backed by SoftBank, Forest Partners and Activant Capital.
  • We got an exclusive look at the pitch deck Shin used to woo investors before raising $10 million at the end of last year.
  • Click here for more BI Prime stories.

Tridge, an online marketplace helping farmers sell their produce around the world, raised more than $10 million in a bid to expand its offering at the end of 2019.

The Seoul-based firm, backed by Japanese tech giant SoftBank, allows farmers in the developing world using green and ethical methods to connect directly with customers globally.

Founded in 2015 by Deutsche Bank veteran Hoshik Shin, Tridge hopes to achieve $10 billion in sales by the end of this year.

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Speaking to Business Insider, Shin said his platform allows farmers to connect with foreign buyers more easily. "At the moment, suppliers in emerging countries are so restricted to just meeting local buyers.

"Through our platform, they can meet foreign buyers more easily. Prices will improve and that gives bigger benefits to both farmers and their employees."

Tridge uses artificial intelligence to improve its search results, and currently has around 80 employees in 40 countries, verifying suppliers. The startup's customers include retail giants like Walmart and French supermarket chain Carrefour.

At present, the platform has just over 60,000 suppliers, 40,000 buyers and 1,000 food products.

We got an exclusive look at the pitch deck Shin used to convince investors to invest in Tridge:

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