About TradeRev
TradeRev is a company based in Carmel (United States) founded in 2009 was acquired by KAR Global in October 2017.. TradeRev offers products and services including OPENLANE Marketplace and TradeRev Platform. TradeRev operates in a competitive market with competitors including Copart, TRADE X, Autozen, MintList and Curbie, among others.
- Headquarter Carmel, United States
-
Sectors
Transportation, Automotive & LogisticsRetail
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Nthgen Software
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
- Investors
-
Employee Count
Employee Count
-
Acquired by
KAR Global
(Oct 03, 2017)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of TradeRev
TradeRev offers a comprehensive portfolio of products and services, including OPENLANE Marketplace and TradeRev 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.
Online system for trading used vehicles efficiently
Tool for automotive sales and buyer connections
Funding Insights of TradeRev
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in TradeRev
TradeRev has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include OPENLANE. 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 |
|---|---|---|---|---|
|
OPENLANE is recognized for building digital marketplaces for used vehicles.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by TradeRev
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - TradeRev
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Traderev Comparisons
Competitors of TradeRev
TradeRev 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, TRADE X, Autozen, MintList and Curbie, 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 |
Used and salvaged vehicles are offered via an online marketplace.
|
|
| domain | founded_year | HQ Location |
Functions as a B2B trading solution for automotive dealers.
|
|
| domain | founded_year | HQ Location |
Used cars are auctioned peer-to-peer online via Autozen platform.
|
|
| domain | founded_year | HQ Location |
Used cars are listed online with buyer offers facilitated.
|
|
| domain | founded_year | HQ Location |
Used cars are traded via an online B2C marketplace platform.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Traderev
Frequently Asked Questions about TradeRev
When was TradeRev founded?
TradeRev was founded in 2009.
Where is TradeRev located?
TradeRev is headquartered in Carmel, United States. It is registered at Carmel, California, United States.
What does TradeRev do?
TradeRev was founded in 2009 in Carmel, United States, within the automotive sector. A smartphone and web-based platform is provided for real-time B2B vehicle auctions. Dealerships are enabled to initiate and join one-hour online sessions with live bidding. Prospective buyers are alerted to new auctions through text, mobile, and email notifications. Sellers are furnished with bids aligned to current market values of their vehicles.
Who are the top competitors of TradeRev?
TradeRev's top competitors include Copart, Autozen and Trade Helper.
What products or services does TradeRev offer?
TradeRev offers OPENLANE Marketplace and TradeRev Platform.
Who are TradeRev's investors?
TradeRev has 1 investor. Key investors include OPENLANE.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.