About Houston Auto Auction
Houston Auto Auction is a company based in Houston (United States) founded in 1964 was acquired by E in January 2023.. Houston Auto Auction offers products and services including Online Auction, Reconditioning Services, and Simulcast Technology. Houston Auto Auction operates in a competitive market with competitors including CarGurus, CarLotz, Copart, Carsales and Cars.com, among others.
- Headquarter Houston, United States
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Products & Services of Houston Auto Auction
Houston Auto Auction offers a comprehensive portfolio of products and services, including Online Auction, Reconditioning Services, and Simulcast Technology. 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 platform for vehicle bidding and sales
Onsite options for cleaning and preparing vehicles
Technology for remote auction participation
Funding Insights of Houston Auto Auction
| 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 |
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Investors in Houston Auto Auction
Houston Auto Auction has secured backing from 1 investor. Prominent investors backing the company include E.Inc. 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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Car dealership services are offered in Ottawa, Canada.
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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 Houston Auto Auction
| 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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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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2016 |
Financial Statements - Houston Auto Auction
| 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 |
Houston Auto Auction Comparisons
Competitors of Houston Auto Auction
Houston Auto Auction 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 CarGurus, CarLotz, Copart, Carsales and Cars.com, 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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Automotive vehicle listings are managed via an app-based platform.
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Used cars are traded via an online consignment platform.
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Used and salvaged vehicles are offered via an online marketplace.
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Online listing platform for used cars
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Used cars are listed and analyzed on an online platform.
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Online new and used cars listing platform
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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 Houston Auto Auction
Frequently Asked Questions about Houston Auto Auction
When was Houston Auto Auction founded?
Houston Auto Auction was founded in 1964.
Where is Houston Auto Auction located?
Houston Auto Auction is headquartered in Houston, United States. It is registered at Houston, Texas, United States.
Who is the current CEO of Houston Auto Auction?
Tim Bowers is the current CEO of Houston Auto Auction.
What does Houston Auto Auction do?
Houston Auto Auction was established in 1964 in Houston, United States. Dealership services for the purchase and sale of automotive vehicles are provided within the automotive sector. Operations center on auction processes that facilitate transactions between buyers and sellers. The company is managed by CEO Tim Bowers and owned by Bette Bowers, with activities primarily conducted in the local region.
Who are the top competitors of Houston Auto Auction?
What products or services does Houston Auto Auction offer?
Houston Auto Auction offers Online Auction, Reconditioning Services, and Simulcast Technology.
Who are Houston Auto Auction's investors?
Houston Auto Auction has 1 investor. Key investors include E.Inc.
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