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
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Sectors
Retail
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Phone
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Website
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Social
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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 Total Funding
- Total Rounds 4
- Last Round Series A — $4.2M
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First Round
First Round
(01 Dec 2009)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2013 | Amount | Series A - MarkITx | Valuation |
investors |
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| Sep, 2013 | Amount | Seed - MarkITx | Valuation |
investors |
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| Nov, 2012 | Amount | Angel Round - MarkITx | Valuation |
investors |
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| 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 MarkITx
MarkITx has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include 6fusion. 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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Delivers utility-metered cloud computing services for efficient resource management.
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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 MarkITx
| 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 - MarkITx
| 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 |
Markitx Comparisons
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. 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 |
Recommerce solutions are provided to businesses via asset management services.
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| domain | founded_year | HQ Location |
Electronic hardware products for Chromebooks are distributed online.
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| domain | founded_year | HQ Location |
Online e-distributor offering IT supplies
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| domain | founded_year | HQ Location |
Serves as a wholesale reseller of computers and consumer electronics.
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| domain | founded_year | HQ Location |
Operates as an online distributor of IT equipment for businesses.
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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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Frequently Asked Questions about MarkITx
When was MarkITx founded?
MarkITx was founded in 2009.
Where is MarkITx located?
MarkITx is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Is MarkITx a funded company?
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 Angel Round of $1.06M, raised on Dec 01, 2009.
What does MarkITx do?
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.
Who are the top competitors of MarkITx?
MarkITx's top competitors include ChromebookParts.com, Global Resale and Tech Innovation.
Who are MarkITx's investors?
MarkITx has 1 investor. Key investors include 6fusion.
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