About Surplex
Surplex is a company based in Dusseldorf (Germany) founded in 1999 was acquired by TBAuctions in August 2024.. Surplex has raised $18 million across 2 funding rounds from investors including The Carlyle Group, TBAuctions and unknown. Surplex offers products and services including Online Auctions and Direct Sales. Surplex operates in a competitive market with competitors including Maschinensucher, Gebrauchtmaschinen, Machineseeker and Trade Machines, among others.
- Headquarter Dusseldorf, Germany
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Sectors
Real Estate & ConstructionIndustrial Goods & Manufacturing Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Surplex Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$18 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
The Carlyle Group
& 3 more
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Employee Count
Employee Count
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Acquired by
TBAuctions
(Aug 07, 2024)
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Products & Services of Surplex
Surplex offers a comprehensive portfolio of products and services, including Online Auctions and Direct Sales. 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.
Platform for bidding on used industrial machines and equipment.
Service for immediate purchase of high-quality used machinery.
Funding Insights of Surplex
Surplex has successfully raised a total of $18M across 2 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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(29 Mar 2000)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2000 | Amount | Series A - Surplex | Valuation | The Carlyle Group |
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| Mar, 2000 | Amount | Series A - Surplex | Valuation | unknown |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 Surplex
Surplex has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include The Carlyle Group, TBAuctions and unknown. 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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Private equity investments are directed toward multiple sectors.
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Founded Year | Domain | Location | |
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Multi-utility robotic solutions and automation products are provided to industries.
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Founded Year | Domain | Location |
| Investor | Description | 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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Surplex
| 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 - Surplex
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Surplex Comparisons
Competitors of Surplex
Surplex 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 Maschinensucher, Gebrauchtmaschinen, Machineseeker and Trade Machines, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Operates an auction marketplace for used heavy machinery.
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| domain | founded_year | HQ Location |
Used industrial equipment is traded on an online marketplace.
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| domain | founded_year | HQ Location |
Hosts a digital marketplace for second-hand machines.
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| domain | founded_year | HQ Location |
Used heavy machinery auctions are aggregated for B2B users.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Surplex
Frequently Asked Questions about Surplex
When was Surplex founded?
Surplex was founded in 1999 and raised its 1st funding round 1 year after it was founded.
Where is Surplex located?
Surplex is headquartered in Dusseldorf, Germany. It is registered at Dusseldorf, North Rhine-westphalia, Germany.
Is Surplex a funded company?
Surplex is a funded company, having raised a total of $18M across 2 funding rounds to date. The company's 1st funding round was a Series A of $18M, raised on Mar 29, 2000.
What does Surplex do?
Surplex was founded in 1999 and is based in Dusseldorf, Germany. An online platform is operated for auctions of second-hand heavy machinery, with services extended to appraisals and valuations in sectors such as metal and woodworking. Dismantling of equipment is handled, along with processing of freight and customs documents for clients. Access is provided through an app compatible with Android and iOS devices.
Who are the top competitors of Surplex?
Surplex's top competitors include Gebrauchtmaschinen, Trade Machines and Maschinensucher.
What products or services does Surplex offer?
Surplex offers Online Auctions and Direct Sales.
Who are Surplex's investors?
Surplex has 4 investors. Key investors include The Carlyle Group, TBAuctions, unknown, and ABB.
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