About Auctomatic
Auctomatic is a company based in San Francisco (United States) founded in 2007 was acquired by Live Current in March 2008.. Auctomatic has raised $525 thousand across 2 funding rounds from investors including Live Current, Y Combinator and Paul Buchheit. Auctomatic operates in a competitive market with competitors including Olist, Mirakl, Growsari, Auction Technology Group and Marketplacer, among others.
- Headquarter San Francisco, United States
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Live Current Media Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$525 K (USD)
in 2 rounds
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Latest Funding Round
$400 K (USD), Seed
Jun 01, 2007
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Investors
Live Current
& 2 more
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Employee Count
Employee Count
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Acquired by
Live Current
(Mar 26, 2008)
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Funding Insights of Auctomatic
Auctomatic has successfully raised a total of $525K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $400 thousand completed in June 2007. 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 2
- Last Round Seed — $400,000
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First Round
First Round
(01 Mar 2007)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2007 | Amount | Seed - Auctomatic | Valuation |
investors |
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| Mar, 2007 | Amount | Seed - Auctomatic | Valuation |
investors |
| 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 Auctomatic
Auctomatic has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include Live Current, Y Combinator and Paul Buchheit. 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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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location | |
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PB
Paul Buchheit |
Creator of Gmail, angel investor, and Y Combinator partner
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Founded Year | Domain | Location |
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Commerce and media company headquartered in Canada
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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 Auctomatic
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Auctomatic
| 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 |
Auctomatic Comparisons
Competitors of Auctomatic
Auctomatic 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, Auction Technology Group and Marketplacer, 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 |
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 |
Technology is provided to enable auction-based secondary goods marketplaces.
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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 |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Auctomatic
When was Auctomatic founded?
Auctomatic was founded in 2007.
Where is Auctomatic located?
Auctomatic is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Auctomatic a funded company?
Auctomatic is a funded company, having raised a total of $525K across 2 funding rounds to date. The company's 1st funding round was a Seed of $125K, raised on Mar 01, 2007.
What does Auctomatic do?
Auctomatic was founded in 2007 in San Francisco, United States, as a provider of software for auction and marketplace management. Inventory management systems were offered to individual sellers on platforms including eBay, Amazon, and Overstock. Backing from Y Combinator and investment from Paul Buchheit, Gmails lead developer, were received. The company was acquired by Communicate in March 2008, which later rebranded to Live Current Media.
Who are the top competitors of Auctomatic?
Who are Auctomatic's investors?
Auctomatic has 3 investors. Key investors include Live Current, Y Combinator, and Paul Buchheit.