About Aucto
Aucto is a company based in New York (United States) founded in 2005. Aucto has raised $3.7 million across 1 funding round from investors including NFX and Motivate Venture Capital. Aucto offers products and services including Aucto Marketplace, Buy Now Listings, and Auction Events. Aucto operates in a competitive market with competitors including Moov, Digi-Key Electronics, Asseta, TestMart and Verical, among others.
- Headquarter New York, United States
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Sectors
Retail
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$3.7 M (USD)
in 1 rounds
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Latest Funding Round
$3.7 M (USD), Seed
Sep 23, 2021
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Investors
NFX
& 1 more
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Employee Count
Not available
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Products & Services of Aucto
Aucto offers a comprehensive portfolio of products and services, including Aucto Marketplace, Buy Now Listings, and Auction Events.
Platform for buying and selling used industrial equipment via auctions
Service for immediate purchase of pre-owned machinery items
System for timed auctions of industrial assets
People of Aucto
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Funding Insights of Aucto
Aucto has successfully raised a total of $3.7M through 1 strategic funding round. The most recent funding activity was a Seed round of $3.7 million completed in September 2021. 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.
Investors in Aucto
Aucto has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include NFX and Motivate Venture Capital.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm offering funding and tools for startups in technology and investment sectors.
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Early-stage venture capital fund investing in B2B & B2C startups
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Investor details for Aucto
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Investments & Acquisitions by Aucto
Investment portfolio details for Aucto
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Financial Statements - Aucto
Detailed financials for Aucto
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Aucto Comparisons
Peer comparison for Aucto
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Competitors of Aucto
Aucto 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, Asseta, TestMart and Verical, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Used semiconductor equipment is listed on an online B2B platform.
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Electronic components are distributed online to B2B customers worldwide.
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Used manufacturing equipment is traded via B2B marketplace platform.
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Marketplace of electronic instruments
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High-tech electronic components are traded between manufacturers and buyers online.
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Detailed competitors of Aucto
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Latest news on Aucto
Complete news archive for Aucto
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Frequently Asked Questions about Aucto
Aucto was founded in 2005 and raised its 1st funding round 16 years after it was founded.
Aucto is headquartered in New York, United States. It is registered at New York, New York, United States.
Aucto is a funded company, having raised a total of $3.7M across 1 funding round to date.
Aucto was founded in 2005 and is headquartered in New York, United States. An online auction-based platform is operated for B2B transactions in industrial goods, encompassing categories such as construction and heavy equipment, MRO and industrial parts, marine and mining products. Bidding sessions are conducted over specified periods, with products awarded to the highest bidders once auctions conclude.
Aucto's top competitors include Digi-Key Electronics, Asseta and Moov.
Aucto offers Aucto Marketplace, Buy Now Listings, and Auction Events.
Aucto has 2 investors. Key investors include NFX, and Motivate Venture Capital.