About Penny Auction Solutions
Penny Auction Solutions is a company based in San Diego (United States) founded in 2009. It operates as a B2C. Penny Auction Solutions has raised $10.06 million across 3 funding rounds from investors including Kodiak Capital. Penny Auction Solutions operates in a competitive market with competitors including BiddingForGood, Equip-bid, AuctionRover, Swoopo and Proxibid, among others.
- Headquarter San Diego, United States
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Sectors
Retail
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Phone
Locked
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Website
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$10.06 M (USD)
in 3 rounds
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Latest Funding Round
$14 K (USD), Series A
Aug 28, 2013
- Investors
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Employee Count
Not available
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Funding Insights of Penny Auction Solutions
Penny Auction Solutions has successfully raised a total of $10.06M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $14 thousand completed in August 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.
Investors in Penny Auction Solutions
Penny Auction Solutions has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Kodiak Capital.
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Investor details for Penny Auction Solutions
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Investments & Acquisitions by Penny Auction Solutions
Investment portfolio details for Penny Auction Solutions
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Financial Statements - Penny Auction Solutions
Detailed financials for Penny Auction Solutions
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Penny Auction Solutions Comparisons
Peer comparison for Penny Auction Solutions
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Competitors of Penny Auction Solutions
Penny Auction Solutions 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 BiddingForGood, Equip-bid, AuctionRover, Swoopo and Proxibid, among others.
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Multi-category product auctions are hosted for online fundraising.
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Multi-category products are auctioned online through Equip-Bid platform.
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Simultaneous online auctions are crawled to find optimal item deals.
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Online platform for bidding on auctions and purchasing discounted products.
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An online auction marketplace for consumer products is provided.
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Detailed competitors of Penny Auction Solutions
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Latest news on Penny Auction Solutions
Complete news archive for Penny Auction Solutions
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Frequently Asked Questions about Penny Auction Solutions
Penny Auction Solutions was founded in 2009 and raised its 1st funding round 1 year after it was founded.
Penny Auction Solutions is headquartered in San Diego, United States. It is registered at San Diego, California, United States.
Penny Auction Solutions is a funded company, having raised a total of $10.06M across 3 funding rounds to date.
Penny Auction Solutions, based in San Diego, focuses on engaging in retail operations, operating online marketplaces, auction platforms, and penny auctions. Operates a penny auction marketplace for consumer bidding. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
Penny Auction Solutions's top competitors include Equip-bid, BiddingForGood and AuctionRover.
Penny Auction Solutions has 1 investor. Key investors include Kodiak Capital.