Proxibid

Omaha, United States Founded: 2001 • Age: 25 yrs Acquired By TA
An online auction marketplace for consumer products is provided.
Annual revenue - Latest available
Total funding - 2 rounds
Employees 115 Tracked headcount
Investors 2 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

About Proxibid

Proxibid is a company based in Omaha (United States) founded in 2001 was acquired by TA in February 2020. The company has 115 employees as of December 31, 2022. Proxibid has completed 1 acquisition, including Wavebid. Proxibid offers products and services including Auction Platform and Bid Management Tools. Proxibid operates in a competitive market with competitors including BiddingForGood, AuctionRover, Swoopo, Auction and Equip-bid, among others.

  • Headquarter Omaha, United States
  • Employees 115 as on 31 Dec, 2022
  • Sectors
    Retail
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Proxibid, Inc.
Operational Areas
Retail → E-Commerce Platforms & Marketplaces
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    115

    as on Dec 31, 2022

  • Investments & Acquisitions
  • Acquired by
    TA

    (Feb 14, 2020)

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Products & Services of Proxibid

Proxibid offers a comprehensive portfolio of products and services, including Auction Platform and Bid Management Tools.

Primary

Digital service for bidding on live and timed auctions

Features for tracking and participating in online bids

People of Proxibid

Headcount 200-500
Employee Profiles 4
Employee Profiles
People
Tyler Ferguson
Senior Sales And Onboarding Specialist - I&c NA
People
Nicholas Nickoloff
Director of Sales Operations
People
Alexander Wayne Elliott
Client Services Operations Specialist
People
Tom A. Lancaster Sr.
Sales Executive- Insurance

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Teams

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Funding Insights of Proxibid

  • Total Funding
  • Total Rounds 2
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2015 Amount Series A - Proxibid Valuation Primus Capital
Aug, 2008 Amount Seed - Proxibid Valuation

investors

Investors in Proxibid

Proxibid has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Primus Capital and TA Associates.

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity investments are directed toward the US and Canada.
Founded Year Domain Location
Multiple sectors are invested in by private equity firm TA.
Founded Year Domain Location

Investments & Acquisitions by Proxibid

Proxibid has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Wavebid.

Investments
Acquisitions
Company Name Description Domain Location Founded Year Amount
Auction management software and tools are provided to auctioneers.
2011

Financial Statements - Proxibid

Proxibid Comparisons

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Competitors of Proxibid

Proxibid 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, AuctionRover, Swoopo, Auction and Equip-bid, among others.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multi-category product auctions are hosted for online fundraising.
domain founded_year HQ Location
Simultaneous online auctions are crawled to find optimal item deals.
domain founded_year HQ Location
Online platform for bidding on auctions and purchasing discounted products.
domain founded_year HQ Location
Multi-category consumer products are auctioned through an online platform.
domain founded_year HQ Location
Multi-category products are auctioned online through Equip-Bid platform.

Frequently Asked Questions about Proxibid

Proxibid was founded in 2001 and raised its 1st funding round 7 years after it was founded.

Proxibid is headquartered in Omaha, United States. It is registered at Omaha, Nebraska, United States.

As of Dec 31, 2022, the latest employee count at Proxibid is 115.

Proxibid was founded in 2001 and is headquartered in Omaha, United States. An online platform is operated as an auction marketplace within the e-commerce sector, focusing on consumer goods such as fine art, vehicles, household items, tools, machinery, and heavy equipment. Four transaction methods are offered: buy now, make offer, timed auction, and live auction. Auction duration and starting bid prices are determined by sellers.

Proxibid's top competitors include Equip-bid, BiddingForGood and AuctionRover.

Proxibid offers Auction Platform and Bid Management Tools.

Proxibid has made 1 acquisition, including Wavebid.

Proxibid has 2 investors. Key investors include Primus Capital, and TA Associates.

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