About Auction Technology Group
Auction Technology Group is a company based in London (United Kingdom) founded in 1971 was acquired by TA in February 2020.. Auction Technology Group has completed 7 acquisitions, including Auction Mobility, BidSpotter and Chairish. Auction Technology Group offers products and services including Digital Auction Platform and Auction Marketplaces. Auction Technology Group operates in a competitive market with competitors including Olist, Mirakl, Growsari, Marketplacer and Project Verte, among others.
- Headquarter London, United Kingdom
- Stage Public
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
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- Legal Name Auction Technology Group Plc
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Annual Revenue
$172.15 M (USD)1.61as on Sep 30, 2024
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Net Profit
$23.92 M (USD)12.69as on Sep 30, 2024
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EBITDA
$73.08 M (USD)3.45as on Sep 30, 2024
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Latest Funding Round
$336.68 M (USD), Post-IPO
Jun 18, 2021
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Investors
TA Associates
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
Auction Mobility
& 6 more
- Acquired by
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IPO & Listings of Auction Technology Group
Auction Technology Group is a publicly listed company on the LSE with ticker symbol ATG in UK, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Auction Technology Group
Auction Technology Group offers a comprehensive portfolio of products and services, including Digital Auction Platform and Auction Marketplaces. 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.
Facilitates online auctions for curated goods and bidder connections
Enables sales of secondary items through digital auctions
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Funding Insights of Auction Technology Group
- Total Funding Total Funding
- Total Rounds 1
- Last Round Post-IPO — $336.7M
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First Round
First Round
(18 Jun 2021)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2021 | Amount | Post-IPO - Auction Technology Group | 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 |
Investors in Auction Technology Group
Auction Technology Group has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include TA Associates and ECI Partners. 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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Multiple sectors are invested in by private equity firm TA.
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Founded Year | Domain | Location | |
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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 Technology Group
Auction Technology Group has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Auction Mobility, BidSpotter and Chairish. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Cloud-based software for online auction bidding stores is provided.
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2013 | ||||
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Online marketplace for pre-owned home improvement products
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2013 | ||||
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Software and website development solutions are provided.
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2007 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Auction Technology Group
| 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 Technology Group Comparisons
Competitors of Auction Technology Group
Auction Technology Group 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 Olist, Mirakl, Growsari, Marketplacer and Project Verte, 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 |
Software suite solutions are provided for e-commerce retailers and marketplaces.
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| domain | founded_year | HQ Location |
Cloud-based e-commerce solutions for marketplace businesses are provided.
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| domain | founded_year | HQ Location |
Online B2B marketplace for grocery products and services is operated.
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| domain | founded_year | HQ Location |
Solutions for marketplace platforms are provided to businesses.
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| domain | founded_year | HQ Location |
Provider of e-commerce platform for businesses
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Technology Group
Frequently Asked Questions about Auction Technology Group
When was Auction Technology Group founded?
Auction Technology Group was founded in 1971 and raised its 1st funding round 50 years after it was founded.
Where is Auction Technology Group located?
Auction Technology Group is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Auction Technology Group?
John Paul Savant is the current CEO of Auction Technology Group.
What is the annual revenue of Auction Technology Group?
Annual revenue of Auction Technology Group is $172.15M as on Sep 30, 2024.
What does Auction Technology Group do?
Founded in 1971 and based in London, United Kingdom, Auction Technology Group functions within the technology sector for digital marketplaces. A SaaS-based platform is offered to link stakeholders in auction processes for secondary goods. Auction operations, including bidding and sales, are managed via this system. Services focus on streamlining marketplace activities across various auction formats.
Who are the top competitors of Auction Technology Group?
What products or services does Auction Technology Group offer?
Auction Technology Group offers Digital Auction Platform and Auction Marketplaces.
Is Auction Technology Group publicly traded?
Yes, Auction Technology Group is publicly traded on LSE under the ticker symbol ATG.
How many acquisitions has Auction Technology Group made?
Auction Technology Group has made 7 acquisitions, including Auction Mobility, BidSpotter, and Chairish.
Who are Auction Technology Group's investors?
Auction Technology Group has 2 investors. Key investors include TA Associates, and ECI Partners.
What is Auction Technology Group's ticker symbol?
The ticker symbol of Auction Technology Group is ATG on LSE.
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