About EBlock
EBlock is a company based in Corona (United States) founded in 1992 was acquired by EBlock in June 2021. It operates as a Two-Sided Marketplace. EBlock offers products and services including Digital Auctions, Physical Auctions, and Inventory Acquisition Tools. EBlock operates in a competitive market with competitors including ACV Auctions, Droom, Copart, CarLotz and Insurance Auto Auctions, among others.
- Headquarter Corona, United States
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Sectors
Transportation, Automotive & LogisticsRetail
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Phone
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Website
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Social
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Products & Services of EBlock
EBlock offers a comprehensive portfolio of products and services, including Digital Auctions, Physical Auctions, and Inventory Acquisition Tools. 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.
Digital auctions are facilitated for wholesale vehicle trading.
Physical auctions are conducted for wholesale vehicle sales.
Tools are provided for efficient inventory acquisition processes.
Funding Insights of EBlock
| 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 |
Investors in EBlock
EBlock has secured backing from 2 investors. Prominent investors backing the company include EBlock and McConkey Auction Group. 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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McConkey Auction Group is engaged in vehicle auction services.
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Pre-owned cars are purchased outright through an online platform.
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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 EBlock
| 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 - EBlock
| 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 |
Eblock Comparisons
Competitors of EBlock
EBlock 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 ACV Auctions, Droom, Copart, CarLotz and Insurance Auto Auctions, 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 |
B2B online auctions for car dealers' inventory are facilitated.
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Used vehicles are bought and sold through an AI platform.
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| domain | founded_year | HQ Location |
Used and salvaged vehicles are offered via an online marketplace.
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Used cars are traded via an online consignment platform.
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| domain | founded_year | HQ Location |
Used cars are auctioned via an app-based B2C marketplace.
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| domain | founded_year | HQ Location |
Used cars are sold online with verification and financing services.
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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 Eblock
Frequently Asked Questions about EBlock
When was EBlock founded?
EBlock was founded in 1992.
Where is EBlock located?
EBlock is headquartered in Corona, United States. It is registered at Corona, California, United States.
What does EBlock do?
EBlock is established as a platform offering both digital and physical auctions for wholesale vehicle trading. Services are provided across regions in Canada and the USA, facilitating live and timed auctions. Inventory acquisition tools and ancillary services are also offered to support dealers. The company operates in the automotive wholesale sector, ensuring trusted services through programs like AutoGrade condition reports and post-auction support.
Who are the top competitors of EBlock?
EBlock's top competitors include CarLotz, ACV Auctions and Droom.
What products or services does EBlock offer?
EBlock offers Digital Auctions, Physical Auctions, and Inventory Acquisition Tools.
Who are EBlock's investors?
EBlock has 2 investors. Key investors include EBlock, and McConkey Auction Group.
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