Salvage Direct

Titusville, United States Founded: 1997 • Age: 29 yrs Acquired By Copart
Online auction-based platform for used vehicles

About Salvage Direct

Salvage Direct is a company based in Titusville (United States) founded in 1997 was acquired by Copart in June 2013. Salvage Direct has raised $1.1 million across 2 funding rounds from investors including Copart and SJF Ventures. The company has 1 employees. Salvage Direct operates in a competitive market with competitors including Copart, Droom, CarLotz, Rollick and Edmunds.com, among others.

  • Headquarter Titusville, United States
  • Employees 1
  • Sectors
    Transportation, Automotive & Logistics
  • Website salvagedirect.com
  • Social LinkedIn
  • Acquired by Copart (Jun 2013)
  • Legal Name Salvage Direct Inc
Key Metrics
  • Total Equity Funding
    $1.1M (USD)

    in 2 rounds

  • Latest Funding Round
    $1.1M (USD), Series A

    Sep 2002

  • Investors
    Copart

    & 1 more

  • Employee Count
    1
  • Acquired by
    Copart

    & 1 more

    (Jun 2013)

Funding Insights of Salvage Direct

Salvage Direct has successfully raised a total of $1.1M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $1.1 million completed in September 2002. 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.

  • Total Funding $1.1M
  • Total Rounds 2
  • Last Round Series A β€” $1.1M
  • Investors Count 1

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

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2002$1.1MSeries A––
May 2000–Angel Round––
–
Valuation history

2 investors in total: 2 institutional.

Investors in Salvage Direct

Salvage Direct has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Copart and SJF Ventures.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Impact venture capital is invested in early-stage US companies.
–sjfventures.comDurham, United States
Used and salvaged vehicles are offered via an online marketplace.
1982copart.comDallas, United States
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Investor details for Salvage Direct

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Timeline of Salvage Direct

5 dated milestones of Salvage Direct across 16 years, from founding to its latest funding, stage changes and deals.

  1. Founded Salvage Direct is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Series A, of $1.1M.
  4. Exit Acquired by Copart.
  5. Exit Acquired by Copart.

Competitors of Salvage Direct

Salvage Direct 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 Copart, Droom, CarLotz, Rollick and Edmunds.com, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
copart.com1982Dallas, United States–10,200
Used and salvaged vehicles are offered via an online marketplace.
droom.in2014Gurugram, India$344.27M156
Used vehicles are bought and sold through an AI platform.
carlotz.com2011Charlotte, United States$37.03M403
Used cars are traded via an online consignment platform.
rollick.io2017Austin, United States$5.6M89
Omnichannel marketing automation is provided to automotive OEMs and dealers.
edmunds.com1966Santa Monica, United States$50M439
Multi-category used vehicles are listed and compared online for consumers.
car-mart.com1981Rogers, United States–2,260
Retail chain of pre-owned car dealerhsips
adesa.com1991Indianapolis, United States––
Vehicle auctions and remarketing services are provided for automotive clients.
panjo.com2010Santa Monica, United States$6.49M–
Peer-to-peer marketplace for auto, sports, and hobby enthusiasts is provided.
carsandbids.com2019San Diego, United States–15
Online auctions for cars, trucks, and automotive vehicles are facilitated.
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Detailed competitors of Salvage Direct

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

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

Verified entity values are shown only after access is granted.

Web traffic of Salvage Direct

Websites that share an audience with Salvage Direct (salvagedirect.com).

Similar websites

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

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
iaai.com
100%
7.1M#5,048View details
copart.com
100%
12.2M#2,830View details
qcsa.com
98%
––View details
ctaa.com
69%
––View details
qcsadirect.com
67%
––View details

Similar companies to Salvage Direct

10 companies that operate in the same segment as Salvage Direct (Automotive Retail & Aftersales), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Pre-owned vehicles are sold online with financing and valuation services.
2012Phoenix, Arizona, United StatesUSD 460 MUSD 20.32 B17,400
Insurance products for vehicles, health, travel, and life are offered.
2016Bengaluru, Karnataka, IndiaUSD 655.23 MUSD 216.04 M461
Retailer of inspected, certified pre-owned vehicles with service and finance options
2015Gurugram, Haryana, IndiaUSD 716.48 MUSD 446.48 M3,992
Pre-owned cars are certified, inspected, and traded online via Kavak.
2016Lerma De Villada, Estado De Mexico, MexicoUSD 1.98 B–2,500
Auto insurance is delivered via app to individual drivers.
2017London, England, United KingdomUSD 206.3 M––
Provider of car service and repair network
2016Gurugram, Haryana, IndiaUSD 62.01 MUSD 8.06 M171
Second-hand cars are listed online to connect buyers and sellers.
2003Mumbai, Maharashtra, IndiaUSD 5.89 MUSD 5.28 M451
Vehicle parts and accessories are sold via an online platform.
1897Walsall, West Midlands, United KingdomUSD 20.37 M––
Full-stack marketplace services for car ownership are provided.
2015Singapore, SingaporeUSD 685.9 MUSD 806.83 M1,000
Retailer of new automobiles, used vehicles, and related automotive news
2008Jaipur, Rajasthan, IndiaUSD 60 MUSD 289.58 M721
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Frequently Asked Questions about Salvage Direct

Salvage Direct was founded in 1997 and raised its 1st funding round 3 years after it was founded.

Salvage Direct is headquartered in Titusville, United States. It is registered at Titusville, Florida, United States.

Salvage Direct is a funded company, having raised a total of $1.1M across 2 funding rounds to date.

Salvage Direct has 1 employees.

SalvageDirect was founded in 1997 in Titusville, United States, as an online auction platform within the automotive sector. Multi-category used vehicles, including cars, bikes, and trucks, are listed by sellers for bidding. Buyers access the platform to place bids and acquire vehicles through competitive auctions. Operations focus on facilitating transactions in the salvage and used vehicle market across the United States.

Salvage Direct's top competitors include CarLotz, Droom and Copart.

Salvage Direct has 2 investors. Key investors include Copart, and SJF Ventures.

Salvage Direct operates through Salvage Direct Inc.

Yes. Salvage Direct was acquired by Copart in June 2013.

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