About Auctionet
Auctionet is a company based in Stockholm (Sweden) founded in 2011.. Auctionet offers products and services including Online Auction Platform and Auctionet App.
- Headquarter Stockholm, Sweden
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Sectors
Media & Entertainment
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Products & Services of Auctionet
Auctionet offers a comprehensive portfolio of products and services, including Online Auction Platform and Auctionet App. 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 bidding and selling collectibles online
Mobile tool for accessing auctions and managing bids
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Sales and Marketing
3 people
COO Team
1 people
CTO Team
1 people
Leadership Team
1 people
Finance and Accounting
1 people
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Funding Insights of Auctionet
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2015 | Amount | Seed - Auctionet | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Auctionet
Auctionet has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Axel Johnson. 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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Fashion industry operations are managed by Axel Johnson conglomerate.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Auctionet
| 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 - Auctionet
| 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 |
Auctionet Comparisons
Competitors of Auctionet
| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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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 Auctionet
Frequently Asked Questions about Auctionet
When was Auctionet founded?
Auctionet was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Where is Auctionet located?
Auctionet is headquartered in Stockholm, Sweden.
What does Auctionet do?
Auctionet is an online auction marketplace which holds online auctions for furniture, design items, art, collectibles and everyday antiques. Currently auction houses from across Europe form part of the marketplace. Auctionets inhouse experts select items only after inspection and then photographs and describes them on platform. The payments is also managed by Auctionet and customer also have an option to pay through Paypal. They ship through their logistics partners DHL, Schenker UPS. As of May 2016, they have 41 auction houses listed with more than 324,000 items sold until now.
What products or services does Auctionet offer?
Auctionet offers Online Auction Platform and Auctionet App.
Who are Auctionet's investors?
Auctionet has 1 investor. Key investors include Axel Johnson.