Mitigram
Company

Last deal

$11.M

Amount

Venture - Series Unknown

Stage

06.06.2023

Date

5

all rounds

$26.1M

Total amount

General

About Company
Mitigram is the leading digital platform in global trade financing.

Industry

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founded date

01.01.2014

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

The company's platform offers a market network for exporters, traders, and financial institutions to access funding and risk coverage arising from cross-border trade activities, enabling participants to leverage their existing trade finance relationships as well as establish new ones. Mitigram is already used by over 200 multinational corporations, commodity traders and financial institutions, and has enabled over $70bn in trade flows since its commercial launch in 2016. The platform covers risks on over 1000 financial institutions worldwide and facilitates trade in over 100 markets. Mitigram leverages SWIFT connectivity, APIs and Artificial Intelligence to deliver seamless assessment of real-time pricing, risks and capacity from partner banks, enabling corporations to find the right partner for each transaction and for banks to reach beyond their usual network of clients.
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