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Textrade

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World's first and largest online trading and information resource

New York City, United StatesFounded 1999Fintech
Valuation $50–100M Last recorded · 2000
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Textrade and the history behind them.

About Textrade

Textrade, operating under the domain textrade.com, functions as a key component within the larger framework of the Boer Group, a European market leader in textile recycling. The company's core business is the meticulous sorting and global supply of second-hand textiles, including clothing and footwear. Strategically located in Bremerhaven, Germany, Textrade leverages the logistical advantages of port access to manage its extensive operations. The facility processes a significant volume, sorting up to 55 tons of used textiles daily through a high-quality manual process.

The business model is centered on maximizing the lifecycle of textiles. A team of over 70 permanently employed staff manually sorts the incoming materials into more than 250 distinct product categories. This labor-intensive approach ensures consistent quality control. Over 55% of the collected goods are graded and sold for reuse as second-hand products. Textiles that are not suitable for re-wear are directed to recycling facilities, where they are repurposed as materials for products like cleaning rags or insulation, demonstrating a commitment to a circular economy. The company's operations are certified by TÜV NORD CERT, ensuring compliance with the stringent requirements of Germany's Circular Economy Act.

As a subsidiary of the Boer Group, Textrade benefits from the resources and century-long experience of its parent company. The Boer Group processes approximately 112.5 million kilograms of textiles annually across its facilities in the Netherlands, Belgium, and Germany. This affiliation positions Textrade within a robust, vertically integrated network that handles collection, sorting, and innovation in recycling. The business caters to a global client base, offering various qualities and types of textiles to meet specific market demands, with a business model that capitalizes on the growing global market for used textiles and recycled materials.

Source: Dealroom company data

At a glance

Status
Operational
Founded
1999
Headquarters
New York City, United States
Employees
1
Open positions
None listed
Dealroom signal
21.0/100
Industry
Fintech
Sub-industry
Wealth Management
Sector
Fintech, Trading, SaaS, Platform

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VC✓Equity / VC Jul 2000 $10M $40M ETF Group —
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Growth signals

Textrade website traffic

Latest recorded traffic for Textrade is 40 monthly website visits. Textrade's team grew 0% over the past year.

Latest monthly visits40 1-year team growth0%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

1 investor on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A1 investor entered at this stage

  • ETF Group
Employees 1 total headcount
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · New York City HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Textrade on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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