About NextLot
NextLot is a company based in Raleigh (United States) founded in 2007 by Scott Finkelstein and Norman Finkelstein. It operates as a B2B. NextLot offers products and services including NextLot Software, Cataloging App, and NextLot Pay. NextLot operates in a competitive market with competitors including Auction Mobility, Paid, SwiftVee, Wavebid and Auction Software, among others.
- Headquarter Raleigh, United States
- Founders Scott Finkelstein, Norman Finkelstein
-
Sectors
Retail
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Nextlot, Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
-
Investors
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of NextLot
NextLot offers a comprehensive portfolio of products and services, including NextLot Software, Cataloging App, and NextLot Pay. 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.
Software for hosting branded online auctions and managing bidder data
Mobile app for cataloging items in online auctions efficiently
Payment system integrated for secure auction transactions
Unlock access to complete
Unlock access to complete
Funding Insights of NextLot
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by NextLot
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - NextLot
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Nextlot Comparisons
Competitors of NextLot
NextLot 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 Auction Mobility, Paid, SwiftVee, Wavebid and Auction Software, 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 |
Cloud-based software for online auction bidding stores is provided.
|
|
| domain | founded_year | HQ Location |
Automated invoicing API is provided for accounts receivable management.
|
|
| domain | founded_year | HQ Location |
Online auction platform for buying and selling livestock products
|
|
| domain | founded_year | HQ Location |
Auction management software and tools are provided to auctioneers.
|
|
| domain | founded_year | HQ Location |
Auction software solutions are provided for business auction needs.
|
|
| domain | founded_year | HQ Location |
Software platform for auction management, online bidding, and customer support services.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about NextLot
When was NextLot founded?
NextLot was founded in 2007.
Where is NextLot located?
NextLot is headquartered in Raleigh, United States. It is registered at Raleigh, North Carolina, United States.
Who is the current CEO of NextLot?
Scott Finkelstein is the current CEO of NextLot. They have also founded this company.
What does NextLot do?
NextLot is a software company based in Raleigh, North Carolina, that enables auctioneers to host privately branded online auctions using advanced technology. It allows users to manage real-time webcast and timed auctions, own their bidder data, and access tools like cataloging apps and payment solutions. The company serves auctioneers across various industries by providing reliable platforms that enhance sales, bidder participation, and customer support, while emphasizing brand building and data ownership.
Who are the top competitors of NextLot?
NextLot's top competitors include Auction Mobility, Auction Software and Paid.
What products or services does NextLot offer?
NextLot offers NextLot Software, Cataloging App, and NextLot Pay.