About Auction Software
Auction Software is a company based in Richardson (United States) founded in 2011 by Rajesh Rajaram was acquired by Liquidity Services in February 2025.. The company has 53 employees as of April 09, 2024. Auction Software operates in a competitive market with competitors including Auction Mobility, Paid, SwiftVee, Wavebid and Auction Flex, among others.
- Headquarter Richardson, United States
- Employees 53 as on 09 Apr, 2024
- Founders Rajesh Rajaram
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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
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- Legal Name Axionbots Software Private Limited
- Date of Incorporation 05 Sep, 2018
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$141.22 K (USD)565.06as on Mar 31, 2022
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Net Profit
$2.06 K (USD)197.61as on Mar 31, 2022
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EBITDA
$-139 K (USD)-495.37as on Mar 31, 2022
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Latest Funding Round
- Investors
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Employee Count
53
as on Apr 09, 2024
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Acquired by
Liquidity Services
(Feb 03, 2025)
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Funding Insights of Auction Software
| 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 Auction Software
Auction Software has secured backing from 1 investor. Prominent investors backing the company include Liquidity Services. 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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Provider of reverse supply chain solutions for surplus asset management
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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 Auction Software
| 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 Software
| 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 |
Auction Software Comparisons
Competitors of Auction Software
Auction Software 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 Auction Mobility, Paid, SwiftVee, Wavebid and Auction Flex, 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 |
Cloud-based software for online auction bidding stores is provided.
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| domain | founded_year | HQ Location |
Automated invoicing API is provided for accounts receivable management.
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| domain | founded_year | HQ Location |
Online auction platform for buying and selling livestock products
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| domain | founded_year | HQ Location |
Auction management software and tools are provided to auctioneers.
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| domain | founded_year | HQ Location |
Software platform for auction management, online bidding, and customer support services.
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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 Software
Frequently Asked Questions about Auction Software
When was Auction Software founded?
Auction Software was founded in 2011.
Where is Auction Software located?
Auction Software is headquartered in Richardson, United States. It is registered at Richardson, Texas, United States.
Who is the current CEO of Auction Software?
Rajesh Rajaram is the current CEO of Auction Software. They have also founded this company.
How many employees does Auction Software have?
As of Apr 09, 2024, the latest employee count at Auction Software is 53.
What is the annual revenue of Auction Software?
Annual revenue of Auction Software is $141.22K as on Mar 31, 2022.
What does Auction Software do?
Auction Software was founded in 2011 and is based in Richardson, United States. Software solutions for auctions are offered to individuals and enterprises, supporting small, medium, and large sites. Offerings include forward auctions for sellers to buyers, reverse auctions with seller rejection options, penny auctions based on per-bid payments, and silent auctions using sealed bids. Use cases encompass advertisement management, quote management, healthcare, and additional sectors.
Who are the top competitors of Auction Software?
Auction Software's top competitors include Auction Mobility, Paid and SwiftVee.
Who are Auction Software's investors?
Auction Software has 1 investor. Key investors include Liquidity Services.
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