About SalvageSale
SalvageSale is a company based in Houston (United States) founded in 1999. SalvageSale has raised $17 million across 1 funding round from investors including Munich Re and Swiss Re. The company has 17 employees as of December 31, 2022. SalvageSale operates in a competitive market with competitors including Ritchie Bros, Machinio, Purple Wave, EquipmentFacts.com and IronDirect, among others.
- Headquarter Houston, United States
- Employees 17 as on 31 Dec, 2022
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Sectors
Real Estate & ConstructionIndustrial Goods & Manufacturing Retail
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Ironplanet, Inc.
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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
$17 M (USD)
in 1 rounds
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Latest Funding Round
$17 M (USD), Series B
Oct 22, 2000
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Investors
Munich Re
& 1 more
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Employee Count
17
as on Dec 31, 2022
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Funding Insights of SalvageSale
SalvageSale has successfully raised a total of $17M through 1 strategic funding round. The most recent funding activity was a Series B round of $17 million completed in October 2000. 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 SalvageSale
SalvageSale has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Munich Re and Swiss Re.
| Investor | Description | Founded Year | Domain | Location |
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Reinsurance, insurance, and asset management services are provided worldwide.
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Platform offering insurance risk management solutions
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Investor details for SalvageSale
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Investments & Acquisitions by SalvageSale
Investment portfolio details for SalvageSale
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Financial Statements - SalvageSale
Detailed financials for SalvageSale
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Salvagesale Comparisons
Peer comparison for SalvageSale
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
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Competitors of SalvageSale
SalvageSale 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, Purple Wave, EquipmentFacts.com and IronDirect, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Heavy machinery is auctioned via an online marketplace platform.
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Used heavy machinery is traded via an online auction marketplace.
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Used equipment is auctioned online via a dedicated platform.
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Online auction platform for construction equipment is managed.
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Heavy equipment and parts are traded on an online marketplace.
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Construction equipment is listed and auctioned through an online platform.
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Detailed competitors of SalvageSale
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Salvagesale
Complete news archive for SalvageSale
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Frequently Asked Questions about SalvageSale
SalvageSale was founded in 1999 and raised its 1st funding round 1 year after it was founded.
SalvageSale is headquartered in Houston, United States. It is registered at Houston, Texas, United States.
SalvageSale is a funded company, having raised a total of $17M across 1 funding round to date.
As of Dec 31, 2022, the latest employee count at SalvageSale is 17.
SalvageSale was founded in 1999 and is based in Houston, United States. An online auction platform is operated for heavy equipment and machinery in the industrial sector. The catalog features items such as articulated dump trucks, backhoe loaders, mulching equipment, track loaders, dozers, wheel loaders, and containers. Auctions are conducted to facilitate transactions among buyers and sellers in this market.
SalvageSale's top competitors include Ritchie Bros, Purple Wave and Machinio.