Purple Wave

Manhattan, United States Founded: 2000 • Age: 26 yrs
Used equipment is auctioned online via a dedicated platform.
Annual revenue - Latest available
Total funding $4.5M 3 rounds
Employees 156 Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Purple Wave

Purple Wave is a company based in Manhattan (United States) founded in 2000. Purple Wave has raised $4.51 million across 3 funding rounds from investors including Copart. The company has 156 employees as of December 31, 2022. Purple Wave operates in a competitive market with competitors including Ritchie Bros, Machinio, SalvageSale, EquipmentFacts.com and Equipment Trader, among others.

  • Headquarter Manhattan, United States
  • Employees 156 as on 31 Dec, 2022
  • Sectors
    Real Estate & Construction
    Industrial Goods & Manufacturing Retail
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Real Estate & Construction → Property Technology (PropTech) Unlock Sub-Sector Unlock Segment
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Platforms & Marketplaces Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $4.51 M (USD)

    in 3 rounds

  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    156

    as on Dec 31, 2022

Upgrade to premium

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.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • 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

People of Purple Wave

Headcount 50-200
Employee Profiles 203
Employee Profiles
People
Michael Gillespie
Territory Manager
People
Joshua Akangah
Full Stack Software Developer
People
Jaython Johnson
District Director
People
Jackie Williams
Auction Specialist

Unlock access to complete

Funding Insights of Purple Wave

Purple Wave has successfully raised a total of $4.51M across 3 strategic funding rounds. 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 Purple Wave

Purple Wave has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Copart.

All
Institutional
Investor Description Founded Year Domain Location
Used and salvaged vehicles are offered via an online marketplace.
Locked Locked Locked
Premium access

Investor details for Purple Wave

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Purple Wave

Investments
Premium access

Investment portfolio details for Purple Wave

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Financial Statements - Purple Wave

Premium access

Detailed financials for Purple Wave

Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.

  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

Verified entity values are shown only after access is granted.

Purple Wave Comparisons

Purple Wave Primary company
Description
Used equipment is auctioned online via a dedicated platform.
Location
Manhattan, United States
Founded Year
2000
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
156
As of 2022
Premium access

Peer comparison for Purple Wave

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

Verified entity values are shown only after access is granted.

+
Add Comparison
Available on Premium

Competitors of Purple Wave

Purple Wave 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 Ritchie Bros, Machinio, SalvageSale, EquipmentFacts.com and Equipment Trader, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Heavy machinery is auctioned via an online marketplace platform.
Locked Locked Locked
Used heavy machinery is traded via an online auction marketplace.
Locked Locked Locked
Heavy equipment and machinery are auctioned through an online marketplace.
Locked Locked Locked
Online auction platform for construction equipment is managed.
Locked Locked Locked
Serves as a marketplace for buying and selling heavy construction equipment.
Premium access

Detailed competitors of Purple Wave

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Purple Wave

Premium access

Complete news archive for Purple Wave

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Frequently Asked Questions about Purple Wave

Purple Wave was founded in 2000 and raised its 1st funding round 7 years after it was founded.

Purple Wave is headquartered in Manhattan, United States. It is registered at Manhattan, New York, United States.

Purple Wave is a funded company, having raised a total of $4.51M across 3 funding rounds to date.

As of Dec 31, 2022, the latest employee count at Purple Wave is 156.

Founded in 2000 and based in Manhattan, United States, Purple Wave operates as an online auction platform within the used equipment sector. Listings for construction equipment, farm machinery, trucks, trailers, and vehicles are managed, including photos and pre-auction preparations. Event advertising is handled, followed by post-auction payment processing and ownership transfers for sellers. Buyers receive support for payments and equipment pickup.

Purple Wave's top competitors include Ritchie Bros, Machinio and EquipmentFacts.com.

Purple Wave has 1 investor. Key investors include Copart.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available