About Concierge Auctions
Concierge Auctions is a company based in New York (United States) founded in 2008 was acquired by Sotheby's in November 2021.. Concierge Auctions offers products and services including Auction Platform and Luxury Homes Index. Concierge Auctions operates in a competitive market with competitors including Ten-X, Auction.com, Hecta, Hubzu and Bid4Assets, among others.
- Headquarter New York, United States
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Sectors
Real Estate & Construction
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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 Concierge Auctions Llc
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Products & Services of Concierge Auctions
Concierge Auctions offers a comprehensive portfolio of products and services, including Auction Platform and Luxury Homes Index. 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.
Online platform for bidding on luxury properties.
Data tool for luxury real estate market insights.
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Funding Insights of Concierge Auctions
| 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 |
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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 Concierge Auctions
Concierge Auctions has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Sotheby's and Realogy. 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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Real estate brokerage franchising is operated under multiple brands worldwide.
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Fine art and collectibles are auctioned internationally.
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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 Concierge Auctions
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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Fine Asian gourmet food is offered by an internet-first restaurant.
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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Financial Statements - Concierge Auctions
| 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 |
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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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Concierge Auctions Comparisons
Competitors of Concierge Auctions
Concierge Auctions 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 Ten-X, Auction.com, Hecta, Hubzu and Bid4Assets, 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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Commercial properties are discovered and traded via online platforms.
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Residential properties are auctioned online via a marketplace platform.
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Transaction platform for bank-auctioned repossessed properties is provided.
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Delivers a versatile platform for conducting real estate auctions efficiently.
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Auction platform for residential & commercial properties
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Online auctions for residential and commercial properties are facilitated.
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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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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Concierge Auctions
Frequently Asked Questions about Concierge Auctions
When was Concierge Auctions founded?
Concierge Auctions was founded in 2008.
Where is Concierge Auctions located?
Concierge Auctions is headquartered in New York, United States. It is registered at New York, New York, United States.
What does Concierge Auctions do?
Concierge Auctions was established in 2008 and is headquartered in New York, United States. Real estate auction services are offered within the luxury residential sector. Auctions are conducted for high-end properties, with operations centered on efficient sales processes. An online platform is maintained to allow customers to locate properties and contact agents directly. The focus remains on the North American market, supporting transactions for premium real estate assets.
Who are the top competitors of Concierge Auctions?
Concierge Auctions's top competitors include Ten-X, Auction.com and Hecta.
What products or services does Concierge Auctions offer?
Concierge Auctions offers Auction Platform and Luxury Homes Index.
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