Auction.com - About the company
Auction.com is a series A company based in Irvine (United States), founded in 2007 by Jeff Frieden and Robert Friedman. It operates as an Online auction-based real estate marketplace for residential properties. Auction.com has raised $50M in funding from CapitalG, with a current valuation of $1.2B. The company has 46 active competitors, including 4 funded and 6 that have exited. Its top competitors include companies like Ten-X, Concierge Auctions and PropBidder.
Sectors and market segments that Auction.com operate in
Auction.com serves in the Real Estate and Construction Tech, FinTech market segments.The primary business model of Auction.com are:Company Details
Online auction-based real estate marketplace for residential properties. The platform enables users to list, bid remotely, invest in foreclosure properties, and get property-related information such as prices of the properties, size, location, and more via its app. Its mobile application is available for Android and iOS devices.
- Website
- www.auction.com/
- Registered Address
- Irvine, California
Key Metrics
Founded Year
2007
Location
Irvine, United States
Stage
Series A
Total Funding
$50M in 2 rounds
Latest Funding Round
Post Money Valuation
$1.2B as on Mar 05, 2014
Ranked
2nd among 46 active competitors
Employee Count
432 as on May 31, 2026
Legal entities associated with Auction.com
Auction.com is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
AUCTION.COM, LLC CIN: 263654828 , United States, Active | Dec 31, 1999 | - | 549 (As on Dec 31, 2024) | - |
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Auction.com's funding and investors
Auction.com has raised a total funding of $50M over 2 rounds. Its first funding round was on Aug 15, 2012. Its latest funding round was a Series A round on Mar 04, 2014 for $50M. 1 investor participated in its latest round. Auction.com has 5 institutional investors.
Here is the list of recent funding rounds of Auction.com:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 04, 2014 | $50M | Series A | $1.2B | - | - | |
Aug 15, 2012 | $50K | Seed | - | - | - | - |
View details of Auction.com's funding rounds and investors
Auction.com's founders and board of directors
Founder? Claim ProfileThe founders of Auction.com are Jeff Frieden and Robert Friedman. Jason Allnutt is the CEO of Auction.com.
Here are the details of Auction.com's key team members:
- Jeff Frieden: Former ecutive Chairman and Co-Founder at Auction.com and Ten-X Commercial of Auction.com and founder of 1 other company.
- Robert Friedman: Former Co-Founder of Auction.com.
- Jason Allnutt: CEO of Auction.com. Contact Info: 1 email address
View details of Auction.com's Founder profiles and Board Members
Auction.com's employee count trend
Auction.com has 432 employees as of May 26. Here is Auction.com's employee count trend over the years:
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Auction.com's Competitors and alternates
Top competitors of Auction.com include Ten-X, Concierge Auctions and PropBidder. Here is the list of Top 10 competitors of Auction.com, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Ten-X 2007, Irvine (United States), Acquired | Discovery portal for commercial properties | $50M | 64/100 | |
2nd | Auction.com 2007, Irvine (United States), Series A | Online auction-based real estate marketplace for residential properties | $50M | 54/100 | |
3rd | Concierge Auctions 2008, New York City (United States), Acquired | Luxury real estate auction marketplace connecting buyers, sellers, and agents | - | - | 48/100 |
4th | PropBidder 2020, Newport Beach (United States), Seed | Provider of an online listing platform to buy and sell residential properties | $1.5M | 36/100 | |
5th | Bid4Assets 1999, Silver Spring (United States), Acquired | Auction platform for residential & commercial properties | $7.75M | 35/100 | |
6th | Unreserved 2004, Ottawa (Canada), Seed | Provider of real estate auctioning platform | $33.8M | 34/100 | |
7th | RealINSIGHT Marketplace 2017, Washington, DC (United States), Unfunded | Provider of an auction management platform for commercial real estate properties | - | - | 31/100 |
8th | Elite Auctions 2016, Las Vegas (United States), Unfunded | Online platform for real estate property and yacht auctions | - | - | 30/100 |
9th | RealtyBid 2001, Rainbow City (United States), Acquired | Real estate online auction marketplace in the United States | - | 29/100 | |
10th | Fortnaauctioneers 1995, Manchester (United States), Unfunded | Provider of real estate auction services | - | - | 28/100 |
Looking for more details on Auction.com's competitors? Click here to see the top ones
Auction.com's Investments and acquisitions
Auction.com has made no investments or acquisitions yet.
Reports related to Auction.com
Here is the latest report on Auction.com's sector:
News related to Auction.com
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Suzanne Singer joins NotaryCam as Director of Sales and MarketingeNewsChannels•May 16, 2023•NotaryCam, Solidifi, Clayton, Auction.com
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Technology Finance Veteran Aman Kothari Joins Sojern as Chief Financial OfficerMarTech Series•Sep 14, 2020•Sojern, Auction.com, Yahoo
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Mikhail Gaushkin named chief marketing officer of Auction.comHousingWire•Oct 23, 2019•Auction.com, XO
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Chekki’s rival, Cars45 floats franchise to scale expansionPageOne•Aug 07, 2019•Cars45, HCAutos, Auction.com
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Cars45 Enhances Access To Vehicle Ownership, Rolls Out Two More Franchise Lots In LagosIndependent•Jul 18, 2019•Cars45, Auction.com
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