About Auction Edge
Auction Edge is a company based in Seattle (United States) founded in 2012.. Auction Edge has raised $10.8 million across 1 funding round. The company has 109 employees as of December 31, 2022. Auction Edge offers products and services including EDGE Pipeline, EDGE Spark, EDGE CRSimplified, EDGE Simulcast, and EDGE Lookout. Auction Edge operates in a competitive market with competitors including Drivin Dealer, 2trde, Sheerdrive, Xcira and Dealer Simplified, among others.
- Headquarter Seattle, United States
- Employees 109 as on 31 Dec, 2022
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
*********
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Website
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Social
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- Legal Name Auction Edge
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10.8 M (USD)
in 1 rounds
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Latest Funding Round
$10.8 M (USD), Series A
Oct 11, 2012
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Investors
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Employee Count
109
as on Dec 31, 2022
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Products & Services of Auction Edge
Auction Edge offers a comprehensive portfolio of products and services, including EDGE Pipeline, EDGE Spark, EDGE CRSimplified, EDGE Simulcast, and EDGE Lookout. 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 vehicle listings and market reports in remarketing.
Tools for auction data analysis and insights generation.
Software for simplified vehicle condition assessments.
System for live and virtual auction bidding processes.
Application for tracking auction activities and alerts.
Solutions for auction inventory and sales tracking.
Platform for overall auction operations and integrations.
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Funding Insights of Auction Edge
Auction Edge has successfully raised a total of $10.8M through 1 strategic funding round. The most recent funding activity was a Series A round of $10.8 million completed in October 2012. 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 1
- Last Round Series A — $10.8M
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First Round
First Round
(11 Oct 2012)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2012 | Amount | Series A - Auction Edge | Valuation |
investors |
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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 |
Investments & Acquisitions by Auction Edge
| 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 - Auction Edge
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Auction Edge Comparisons
Competitors of Auction Edge
Auction Edge 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 Drivin Dealer, 2trde, Sheerdrive, Xcira and Dealer Simplified, 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 |
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| domain | founded_year | HQ Location |
Online platform for automotive dealers to acquire used cars
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| domain | founded_year | HQ Location |
SaaS mobile applications for automobile marketing management are offered.
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| domain | founded_year | HQ Location |
Provider of B2B auction based marketplace for pre owned vehicles
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| domain | founded_year | HQ Location |
Auction management systems are provided for businesses in various industries.
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| domain | founded_year | HQ Location |
Provides software for managing vehicle auctions and dealership operations.
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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 Auction Edge
Frequently Asked Questions about Auction Edge
When was Auction Edge founded?
Auction Edge was founded in 2012.
Where is Auction Edge located?
Auction Edge is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Who is the current CEO of Auction Edge?
Dan Diedrich is the current CEO of Auction Edge.
Is Auction Edge a funded company?
Auction Edge is a funded company, having raised a total of $10.8M across 1 funding round to date. The company's 1st funding round was a Series A of $10.8M, raised on Oct 11, 2012.
How many employees does Auction Edge have?
As of Dec 31, 2022, the latest employee count at Auction Edge is 109.
What does Auction Edge do?
Auction Edge was founded in 2012 and is headquartered in Seattle, United States. The company operates in the auto auction sector, providing a suite of management solutions that cover auction operations, market exposure, profit optimization, website maintenance, and condition reporting. Third-party integrations and digital report management are included among its features, supporting comprehensive auction workflows for users in the automotive industry.
Who are the top competitors of Auction Edge?
Auction Edge's top competitors include Drivin Dealer, Xcira and 2trde.
What products or services does Auction Edge offer?
Auction Edge offers EDGE Pipeline, EDGE Spark, EDGE CRSimplified, EDGE Simulcast, and 3 more products and services.
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