Surplex
Latest round
- Series B
Last raised
- Dec 2000
Total raised
- $28M
Investors
- 5
About Surplex
Founded in 1999, Surplex GmbH operates as an auction house for industrial machinery. The company is based in Dusseldorf, Germany.000 mn, which reflects the company’s position as a target for investments.Surplex operates as a leading auction house specializing in used machinery and industrial equipment. The company provides a comprehensive marketplace for buying and selling a wide range of industrial machinery, tools, and complete production lines. Key offerings include classic and contemporary machine tools, CNC machining centers, woodworking equipment, and metalworking machinery, catering to diverse sectors such as manufacturing, construction, and logistics. Surplex serves a global clientele, with customers spanning from small workshops to large enterprises across Europe, including markets like Germany, Italy, Spain, and France.6. The company primarily earns through auction services, where clients sell machinery through competitive bidding or purchase equipment directly. The transaction structure includes fees for sellers and a buyer's premium on final bid prices, reflecting market demand for specific machinery. Customers can also engage in direct sales for high-quality equipment at fixed prices, allowing for immediate acquisition.Surplex aims to expand its product offerings and enhance its auction platform. The company has plans to enter new markets across Europe and is considering initiatives aimed at improving its service capabilities.000 mn, will support these expansion efforts and the development of new features to meet the evolving needs of its global clientele.
Who invested in Surplex
5 investors across 1 round
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Funding rounds
Series B
Dec 14, 2000
Amount
$28M
Investors
Questions about Surplex
Who invested in Surplex?
Surplex has 5 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Surplex raised?
Surplex has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Surplex last raise money?
Surplex's most recent round on record is a Series B, in Dec 2000.
What does Surplex do?
Founded in 1999, Surplex GmbH operates as an auction house for industrial machinery.
Where is Surplex headquartered?
Surplex is headquartered in Dusseldorf, Germany.
Which VCs invest in companies like Surplex?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Generation Investment Management back internet companies at Surplex's stage. Their profiles are linked below.
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