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Delract
Foreign Trade Consultant, Manufacturing, Commodity Trading, Investments
About Delract
Delract, Inc. operates as a multinational corporation headquartered in Chicago, Illinois, with a focus on manufacturing, trading, and global investments. The company was established in 2013 and has since grown to become a significant player in the energy and commodity trading sectors. It engages in the wholesale trade of various commodities and provides related services such as export and international trade consulting.
The firm's core business involves refining oil and producing and marketing agricultural commodities, including rice, soybean, and cotton. Delract serves a broad client base, supplying commodities to a range of customers from small businesses to large international corporations. The business model appears to be centered on direct sales and trading of these physical goods, aiming to provide competitive pricing for both itself and its clients. Furthermore, the company's activities include roles as general brokers in international trade and as importers and exporters of commodities.
A notable financial event in the company's history occurred on May 11, 2020, when Delract secured $35 million in a funding round. This capital injection likely supported its expansion to become a more prominent global player in its target markets. The company maintains a physical presence at 205 North Michigan Avenue in Chicago.
Source: Dealroom company dataAt a glance
- Founded
- 2013
- Headquarters
- Chicago, United States
- Sector
- Fintech
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