About Sudbury Auto Auction
Sudbury Auto Auction is a company based in Greater Sudbury (Canada) founded in 1986 was acquired by Impact Auto Auctions in December 2015.. Sudbury Auto Auction offers products and services including Online Auction Platform, Salvage Sale Services, and Dealer Sale Events. Sudbury Auto Auction operates in a competitive market with competitors including Copart, CarGurus, Avis, Pendragon and COYOTE, among others.
- Headquarter Greater Sudbury, Canada
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Impact Auto Auctions
(Dec 02, 2015)
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Products & Services of Sudbury Auto Auction
Sudbury Auto Auction offers a comprehensive portfolio of products and services, including Online Auction Platform, Salvage Sale Services, and Dealer Sale Events. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Digital platform for wholesale vehicle bidding and sales.
Auctions for late model salvage and recreational vehicles.
Weekly in-lane auctions for dealer and finance vehicles.
Funding Insights of Sudbury Auto Auction
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Sudbury Auto Auction
Sudbury Auto Auction has secured backing from 1 investor. Prominent investors backing the company include Impact Auto Auctions. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Operates an app-based platform for auctioning second-hand automobiles.
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Sudbury Auto Auction
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Sudbury Auto Auction
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Sudbury Auto Auction Comparisons
Competitors of Sudbury Auto Auction
Sudbury Auto Auction 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, CarGurus, Avis, Pendragon and COYOTE, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Used and salvaged vehicles are offered via an online marketplace.
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Automotive vehicle listings are managed via an app-based platform.
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Online platform offering car rental services
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| domain | founded_year | HQ Location |
Car dealership, repair, and leasing services are provided.
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Integrated solutions for fleet management and vehicle tracking
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| domain | founded_year | HQ Location |
Multi-location franchised dealerships for automobiles are operated coast to coast.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Sudbury Auto Auction
When was Sudbury Auto Auction founded?
Sudbury Auto Auction was founded in 1986.
Where is Sudbury Auto Auction located?
Sudbury Auto Auction is headquartered in Greater Sudbury, Canada. It is registered at Greater Sudbury, Ontario, Canada.
What does Sudbury Auto Auction do?
Sudbury Auto Auction was established in 1986 in Greater Sudbury, Canada, within the automotive sector. Operations focus on vehicle auctions, with additional services encompassing transportation and financing options. The company serves regional markets, facilitating vehicle sales and related logistics for buyers and sellers. Ownership is held by Patrick Bond, overseeing daily activities from the Canadian base.
Who are the top competitors of Sudbury Auto Auction?
What products or services does Sudbury Auto Auction offer?
Sudbury Auto Auction offers Online Auction Platform, Salvage Sale Services, and Dealer Sale Events.
Who are Sudbury Auto Auction's investors?
Sudbury Auto Auction has 1 investor. Key investors include Impact Auto Auctions.