Proxibid

Omaha, United States Founded: 2001 • Age: 25 yrs Acquired By TA
An online auction marketplace for consumer products is provided.

About Proxibid

Proxibid is a Retail company based in Omaha (United States) founded in 2001, and was acquired by TA in February 2020. An online auction marketplace for consumer products is provided. The company has 115 employees. Proxibid has completed 1 acquisition, including Wavebid. Its website proxibid.com draws about 3.3 million monthly visits. Proxibid offers products and services including Auction Platform and Bid Management Tools. Its focus areas include Horizontal E-Commerce, Marketplace and Auction. Its legal entity is PROXIBID, INC. Its competitors include BiddingForGood, AuctionRover and Swoopo; 3 of its 3 listed competitors have raised funding.

Company details

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.

  • Headquarters Omaha, United States
  • Employees 115
  • Stage Acquired
  • Sectors
    Retail
  • Website category E-commerce and Shopping · Auctions
  • Website proxibid.com
  • Social LinkedIn X
  • Acquired by TA (Feb 2020)
  • Legal Name Proxibid, Inc.
Key Metrics

Products & Services of Proxibid

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

Auction Platform
Online Marketplace

Digital service for bidding on live and timed auctions

Bid Management Tools
Auction Software

Features for tracking and participating in online bids

Funding Insights of Proxibid

  • Total Rounds 2
  • Investors Count 1

All 2 funding rounds of Proxibid with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2015Series A–Primus Capital
–
Aug 2008Seed––
–
Valuation history

2 investors in total: 2 institutional.

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
InvestorDescriptionFounded YearDomainLocation
Private equity investments are directed toward the US and Canada.
primuscapital.comCleveland, United States
Multiple sectors are invested in by private equity firm TA.
ta.comBoston, United States
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Investor details for Proxibid

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  • Round participation
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People of Proxibid

4 people are tracked at Proxibid (1 in leadership, 3 in team); the tracked headcount is 115.

NameRoleGroup
Nicholas Nickoloff
Director of Sales OperationsLeadership
Tyler Ferguson
Senior Sales And Onboarding Specialist - I&c NATeam
Alexander Wayne Elliott
Client Services Operations SpecialistTeam
Tom A. Lancaster Sr.
Sales Executive- InsuranceTeam
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Complete people profiles for Proxibid

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  • Team structure
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Investments & Acquisitions by Proxibid

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

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Auction management software and tools are provided to auctioneers.
wavebid.comOmaha, United States2011Jan 2019β€’β€’β€’β€’
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Complete acquisition details for Proxibid

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  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

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Timeline of Proxibid

5 dated milestones of Proxibid across 19 years, from founding to its latest funding, stage changes and deals.

  1. Founded Proxibid is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Series A,.
  4. Acquisition Acquires Wavebid.
  5. Exit Acquired by TA.

Competitors of Proxibid

Proxibid has 3 listed competitors in our database, 3 of them funded. They include BiddingForGood, AuctionRover and Swoopo.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
biddingforgood.com2003Cambridge, United States$29.06M76
Multi-category product auctions are hosted for online fundraising.
auctionrover.com1999Raleigh, United States$3M
Simultaneous online auctions are crawled to find optimal item deals.
swoopo.com2005Mountain View, United States$14M
Online platform for bidding on auctions and purchasing discounted products.
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Detailed competitors of Proxibid

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  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

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Web traffic of Proxibid

The website of Proxibid (proxibid.com) receives about 3.3M visits a month and ranks #11,705 among all websites worldwide, #20 in Auctions.

  • Monthly visits
    3.3M

    ▼ 2% vs previous month

  • Unique visitors
    756.3K

    per month

  • Global rank
    #11,705

    among all websites

  • Category rank
    #20

    E-commerce and Shopping · Auctions

Similar websites

Websites whose visitors overlap most with Proxibid. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
liveauctioneers.com
100%
3.9M#11,583View details
bidspotter.com
96%
576.3K#52,327View details
auctionzip.com
92%
1.8M#15,460View details
hibid.com
87%
#1,782View details
auctiontime.com
auctiontime.com
78%
#50,797–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for Proxibid

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  • Audience overlap
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Related news about Proxibid

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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.

Proxibid has 115 employees.

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 BiddingForGood, AuctionRover and Swoopo.

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.

Proxibid operates through Proxibid, Inc..

Yes. Proxibid was acquired by TA in February 2020.

The website of Proxibid receives about 3.3 million visits a month and ranks #11,705 among all websites worldwide.

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