About TBAuctions
TBAuctions is a company based in Amsterdam (Netherlands) founded in 2018 was acquired by Castik Capital in November 2021. It operates as a Two-Sided Marketplace. TBAuctions has completed 4 acquisitions, including Bjarøy AS, Klaravik and PS Auction. TBAuctions offers products and services including Digital Auction Platform.
- Headquarter Amsterdam, Netherlands
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Summa Equity
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
Bjarøy AS
& 3 more
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Acquired by
Castik Capital
(Nov 25, 2021)
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Products & Services of TBAuctions
TBAuctions offers a comprehensive portfolio of products and services, including Digital Auction Platform. 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.
A platform for B2B used goods auctions is provided.
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Funding Insights of TBAuctions
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Seed - TBAuctions | Valuation |
investors |
| 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 TBAuctions
TBAuctions has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Summa Equity and Castik Capital. 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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Summa Equity is focused on thematic and impact investments.
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Founded Year | Domain | Location | |
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European private equity firm focused on long-term value creation.
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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 TBAuctions
TBAuctions has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Bjarøy AS, Klaravik and PS Auction. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Second-hand heavy machinery is auctioned online via this platform.
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2012 | ||||
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Second-hand heavy machinery is auctioned online via Surplex platform.
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1999 | ||||
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Real estate brokerage services are provided in Norway.
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1990 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - TBAuctions
| 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 |
Tbauctions Comparisons
Competitors of TBAuctions
| 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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Frequently Asked Questions about TBAuctions
When was TBAuctions founded?
TBAuctions was founded in 2018 and raised its 1st funding round 4 years after it was founded.
Where is TBAuctions located?
TBAuctions is headquartered in Amsterdam, Netherlands.
What does TBAuctions do?
TBAuctions is established as Europes leading multi-brand digital auction platform for B2B used goods. Operations span across 16 to 30 countries, with goods sourced locally and sold globally. Millions of products are auctioned annually through a proprietary cross-border platform. The focus is placed on sustainability by promoting second-hand trading, extending asset lifespans, and reducing waste. Sectors served include industrial equipment and business assets, with additional opportunities in financing, warranties, insurance, and logistics being explored.
What products or services does TBAuctions offer?
TBAuctions offers Digital Auction Platform.
How many acquisitions has TBAuctions made?
TBAuctions has made 4 acquisitions, including Bjarøy AS, Klaravik, and PS Auction.
Who are TBAuctions's investors?
TBAuctions has 2 investors. Key investors include Summa Equity, and Castik Capital.
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