About Asseta
Asseta is a company based in San Francisco (United States) founded in 2013 by Garrett Beck.. Asseta has raised $1.66 million across 3 funding rounds from investors including Wefunder, FundersClub and Beenos. The company has 4 employees as of December 31, 2022. Asseta offers products and services including Asseta Marketplace and Quote Request System. Asseta operates in a competitive market with competitors including Moov, Digi-Key Electronics, Verical, Distrelec and TestEquity, among others.
- Headquarter San Francisco, United States
- Employees 4 as on 31 Dec, 2022
- Founders Garrett Beck
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Asseta, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.66 M (USD)
in 3 rounds
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Latest Funding Round
$1 M (USD), Seed
Mar 13, 2015
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Investors
Wefunder
& 11 more
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Employee Count
4
as on Dec 31, 2022
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Products & Services of Asseta
Asseta offers a comprehensive portfolio of products and services, including Asseta Marketplace and Quote Request System. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for searching and purchasing secondary market parts and equipment.
System to request and compare quotes from global parts suppliers.
Funding Insights of Asseta
Asseta has successfully raised a total of $1.66M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1 million completed in March 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Seed — $1.0M
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First Round
First Round
(02 Aug 2013)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2015 | Amount | Seed - Asseta | Valuation | Red Swan Ventures , Amino Capital | |
| Feb, 2014 | Amount | Seed - Asseta | Valuation | Beenos , Wefunder |
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| Aug, 2013 | Amount | Seed - Asseta | Valuation | Y Combinator |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Asseta
Asseta has secured backing from 12 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Wefunder, FundersClub and Beenos. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Tech focused VC firm investing in early stage companies in the US
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Founded Year | Domain | Location | |
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Early-stage tech investments are targeted in US, China, and Europe.
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Founded Year | Domain | Location | |
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Venture capital investments are managed by Winklevoss brothers' family office.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Asseta
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Asseta
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Asseta Comparisons
Competitors of Asseta
Asseta operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Moov, Digi-Key Electronics, Verical, Distrelec and TestEquity, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Used semiconductor equipment is listed on an online B2B platform.
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| domain | founded_year | HQ Location |
Electronic components are distributed online to B2B customers worldwide.
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| domain | founded_year | HQ Location |
High-tech electronic components are traded between manufacturers and buyers online.
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| domain | founded_year | HQ Location |
Electronic and technical products are distributed online.
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| domain | founded_year | HQ Location |
Online manufacturer and distributor of electronic test and measurement solutions
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Asseta
Frequently Asked Questions about Asseta
When was Asseta founded?
Asseta was founded in 2013.
Where is Asseta located?
Asseta is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Asseta?
Garrett Beck is the current CEO of Asseta. They have also founded this company.
Is Asseta a funded company?
Asseta is a funded company, having raised a total of $1.66M across 3 funding rounds to date. The company's 1st funding round was a Seed of $120K, raised on Aug 02, 2013.
How many employees does Asseta have?
As of Dec 31, 2022, the latest employee count at Asseta is 4.
What does Asseta do?
Asseta was founded in 2013 in San Francisco, United States, as a B2B marketplace for used capital equipment and parts in the manufacturing sector. Listings are created by sellers for buying, selling, and managing assets. Payment, shipment, and fulfillment processes are managed by the platform, with a 5-10 transaction fee applied to each deal.
Who are the top competitors of Asseta?
Asseta's top competitors include Digi-Key Electronics, Moov and Distrelec.
What products or services does Asseta offer?
Asseta offers Asseta Marketplace and Quote Request System.
Who are Asseta's investors?
Asseta has 12 investors. Key investors include Wefunder, FundersClub, Beenos, Red Swan Ventures, and Amino Capital.