About MarkITx
MarkITx is a company based in Chicago (United States) founded in 2009 was acquired by 6fusion in March 2016. MarkITx has raised $8.87 million across 4 funding rounds from investors including 6fusion. MarkITx operates in a competitive market with competitors including Global Resale, ChromebookParts.com, Tech Innovation, Evertek Computers and Discount PC, among others.
- Headquarter Chicago, United States
- SectorsRetail
- Website markitx.com
- Social LinkedIn X
- Acquired by 6fusion (Mar 2016)
Funding Insights of MarkITx
MarkITx has successfully raised a total of $8.87M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $4.2 million completed in December 2013. 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 $8.87M
- Total Rounds 4
- Last Round Series A β $4.2M
- First Round $1.46M
(Dec 2009)
All 4 funding rounds of MarkITx with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2013 | $4.2M | Series A | β | β | β |
| Sep 2013 | $2.15M | Seed | β | β | β |
| Nov 2012 | $1.06M | Angel Round | β | β | β |
| Dec 2009 | $1.46M | Seed | β | β | β |
1 investors in total: 1 institutional.
Investors in MarkITx
MarkITx has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include 6fusion.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Delivers utility-metered cloud computing services for efficient resource management. | 2008 | 6fusion.com | Raleigh, United States |
Investor details for MarkITx
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of MarkITx
4 dated milestones of MarkITx across 7 years, from founding to its latest funding, stage changes and deals.
- Founded MarkITx is founded.
- Funding First funding round of $1.5M.
- Funding Latest funding round, Series A, of $4.2M.
- Exit Acquired by 6fusion.
Competitors of MarkITx
MarkITx 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 Global Resale, ChromebookParts.com, Tech Innovation, Evertek Computers and Discount PC, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| globalresale.com | 2015 | Austin, United States | – | 77 | Recommerce solutions are provided to businesses via asset management services. | |
| chromebookparts.com | 2014 | Minneapolis, United States | – | 21 | Electronic hardware products for Chromebooks are distributed online. | |
| techinnovation.com | 2003 | Indianapolis, United States | – | – | Online e-distributor offering IT supplies | |
| evertek.com | 1990 | Temecula, United States | – | – | Serves as a wholesale reseller of computers and consumer electronics. | |
| discountpc.com | 2016 | Austin, United States | – | – | Operates as an online distributor of IT equipment for businesses. | |
| esiso.com | 1992 | La Verne, United States | – | – | Technology products are retailed online through an affiliate's eBay store. | |
| neweggbusiness.com | 2009 | Whittier, United States | – | – | Offers comprehensive IT products and solutions for business needs. | |
| flyteccomputers.com | 2010 | Doral, United States | – | – | Distributes wireless, wired, fiber networking equipment and IT hardware solutions. |
Detailed competitors of MarkITx
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of MarkITx
Websites that share an audience with MarkITx (markitx.com).
Websites whose visitors overlap most with MarkITx. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
soundexchangehouston.com | soundexchangehouston.com | 100% | – | #5,397,767 | β |
bitcoin.stackexchange.com | bitcoin.stackexchange.com | 96% | – | – | β |
ciscobuy.com | ciscobuy.com | 69% | – | – | β |
Similar companies to MarkITx
10 companies that operate in the same segment as MarkITx (B2B Marketplaces & Wholesale), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online B2B marketplace connecting buyers and suppliers of diverse industrial products | 1999 | Noida, Uttar Pradesh, India | USD 37.24 M | USD 167.23 M | 6,100 | |
Multi-category products are supplied via a B2B marketplace platform. | 2015 | Singapore, Singapore | USD 470.85 M | USD 642.28 M | 1,331 | |
Multi-category products are facilitated through an online B2B cross-border marketplace. | 1999 | New York, New York, United States | – | USD 144.12 B | 124,320 | |
Online catering marketplace for enterprises | 2007 | Boston, Massachusetts, United States | USD 438.62 M | – | 856 | |
Platform for on-demand distributed manufacturing and prototyping is provided. | 2013 | Gaithersburg, Maryland, United States | USD 203.44 M | USD 686.63 M | 1,090 | |
Digital procurement and supply solutions for construction materials are facilitated. | 2016 | Thane, Maharashtra, India | USD 763.1 M | USD 1.43 B | 1,710 | |
SaaS-based collaborative commerce solutions are provided for brands and retailers. | 2000 | New York, New York, United States | USD 365 M | USD 240.52 M | 1,370 | |
Online application marketplace | 2009 | San Francisco, California, United States | USD 437.8 M | USD 7.59 M | 183 | |
Cross-border B2B wholesale marketplace is operated for small-scale sellers. | 2004 | Beijing, China | USD 45.52 M | – | – | |
AI platform for retail ecommerce management and optimization is provided. | 2012 | Mountain View, California, United States | USD 195.5 M | USD 11.75 M | 256 |
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Frequently Asked Questions about MarkITx
MarkITx was founded in 2009.
MarkITx is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
MarkITx is a funded company, having raised a total of $8.87M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1.46M, raised on Dec 2009.
MarkITx was founded in 2009 in Chicago, United States, as an online B2B marketplace focused on the secondary IT hardware sector. Enterprises are enabled to buy, sell, and trade IT infrastructure through a platform that employs predictive algorithms for real-time fair market valuations. Anonymity between parties is maintained, with funds held in escrow pending inspection and certification by OEM refurbishers. Over 1,500 customers are currently served.
MarkITx's top competitors include ChromebookParts.com, Global Resale and Tech Innovation.
MarkITx has 1 investor. Key investors include 6fusion.
Yes. MarkITx was acquired by 6fusion in March 2016.
