About Trade Machines
Trade Machines is a company based in Berlin (Germany) founded in 2013.. Trade Machines has raised $1.99 million across 3 funding rounds. The company has 14 employees as of December 31, 2021. Trade Machines offers products and services including Online Auctions and Direct Sales. Trade Machines operates in a competitive market with competitors including Surplex, Maschinensucher, Machineseeker and Gebrauchtmaschinen, among others.
- Headquarter Berlin, Germany
- Employees 14 as on 31 Dec, 2021
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Sectors
Real Estate & ConstructionIndustrial Goods & Manufacturing 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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- 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
$1.99 M (USD)
in 3 rounds
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Latest Funding Round
$1.12 M (USD), Seed
Sep 12, 2016
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Investors
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Employee Count
14
as on Dec 31, 2021
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Products & Services of Trade Machines
Trade Machines 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
Fixed-price offerings of used machinery and equipment
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Funding Insights of Trade Machines
Trade Machines has successfully raised a total of $1.99M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1.12 million completed in September 2016. 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 3
- Last Round Seed — $1.1M
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First Round
First Round
(09 Feb 2016)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2016 | Amount | Seed - Trade Machines | Valuation |
investors |
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| Aug, 2016 | Amount | Seed - Trade Machines | Valuation |
investors |
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| Feb, 2016 | Amount | Seed - Trade Machines | Valuation |
investors |
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| 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 |
Investments & Acquisitions by Trade Machines
| 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 - Trade Machines
| 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 |
Trade Machines Comparisons
Competitors of Trade Machines
Trade Machines 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 Surplex, Maschinensucher, Machineseeker and Gebrauchtmaschinen, 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 |
Second-hand heavy machinery is auctioned online via Surplex platform.
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| domain | founded_year | HQ Location |
Operates an auction marketplace for used heavy machinery.
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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 industrial equipment is traded on an online marketplace.
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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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Frequently Asked Questions about Trade Machines
When was Trade Machines founded?
Trade Machines was founded in 2013 and raised its 1st funding round 3 years after it was founded.
Where is Trade Machines located?
Trade Machines is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Is Trade Machines a funded company?
Trade Machines is a funded company, having raised a total of $1.99M across 3 funding rounds to date. The company's 1st funding round was a Seed of $864.52K, raised on Feb 09, 2016.
How many employees does Trade Machines have?
As of Dec 31, 2021, the latest employee count at Trade Machines is 14.
What does Trade Machines do?
Trade Machines was founded in 2013 in Berlin, Germany, as a B2B platform in the heavy machinery sector. Online auctions for used equipment are aggregated from verified websites, allowing searches by location, auction houses, and machinery types. Links direct users to the originating auction sites. Liquidation and insolvency auctions are also included, with John Deere and Caterpillar among the most featured manufacturers.
Who are the top competitors of Trade Machines?
Trade Machines's top competitors include Surplex, Gebrauchtmaschinen and Maschinensucher.
What products or services does Trade Machines offer?
Trade Machines offers Online Auctions and Direct Sales.