When was IronPlanet founded?

IronPlanet was founded in 1998.

Where is IronPlanet located?

IronPlanet is headquartered in Brisbane, Australia. It is registered at 44 Turkey Lane, Bailey, CO 80421, US.

How many employees does IronPlanet have?

As of Jun 30, 2026, the latest employee count at IronPlanet is 1.

Is IronPlanet a funded company?

IronPlanet is a funded company, having raised a total of $84.6M across 6 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round.

When was the latest funding round of IronPlanet?

IronPlanet's latest funding was a $***** Series B round on Aug 23, 2016, with participation from 0 investor. Its primary sector is B2B E-Commerce. In Australia, the B2B E-Commerce sector has seen $40.2M in funding in 2026 to date.

Where does IronPlanet rank among its competitors?

IronPlanet ranks 5th amongst 703 active competitors, of which 6 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Storyteller Overland, which secured $21M in Mar, 2024.

Who are the top competitors of IronPlanet?

IronPlanet's top competitors include Ritchie Bros, Penske Automotive and Storyteller Overland. Among them, Storyteller Overland secured the most recent funding round in March, 2024.

IronPlanet - 2026 Company Profile, Team, Funding & Competitors

Company Details

App-based platform that provides auctions for used heavy equipment. Users can buy & sell anything from backhoes & dozers to farm tractors & trucks. Has a consignment model. Seller consigns equipment to an auction, which preps the equipment & makes it available for inspection at his own place. Their app is available for iOS devices.

Website: www.ironplanet.com.au
Email ID: *****@ironplanet.com
Part Of
Registered Address: 44 Turkey Lane, Bailey, CO 80421, US

Key Metrics

Founded Year

1998

Location

Brisbane, Australia

Stage

Acquired

Total Funding

$84.6M in 6 rounds

Latest Funding Round

Series B, Aug 23, 2016, $*****

Investors

Cross Creek & 23 more

Ranked

5^th among 703 active competitors

Employee Count

1 as on Jun 30, 2026

Investment & Acquisitions

Mascus

Similar Companies

4Rivers Equipment & 56 more

Exit Details

Acquired by Ritchie Bros (Aug 29, 2016)

View IronPlanet's full profile

IronPlanet is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
IRONPLANET UK LIMITED CIN: 9962984 , United Kingdom, Active	Jan 20, 2016	-	2 (As on Dec 31, 2022)
IRONPLANET, INC. CIN: 5434823 , United States, Active	Oct 30, 2018	-	-	-
IRONPLANET, INC. CIN: 43450136 , United States, Active		-	456 (As on Dec 31, 2016)	-
Iron Planet Ltd. CIN: 20151373496 , United States, Active	Jun 03, 2015	-	-	-

IronPlanet got acquired by Ritchie Bros on Aug 29, 2016.

Click here to take a look at IronPlanet's acquisition in detail

IronPlanet has raised a total funding of $84.6M over 6 rounds. IronPlanet has 24 institutional investors.

Here is the list of recent funding rounds of IronPlanet:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 23, 2016	2328136	Series B	6597353	7232855	7846717	1670613
Sep 17, 2015	3449879	Conventional Debt	4999808	9405330	6727115	Capital One & 5 more
Jan 07, 2015	3912164	Series B	6376036	5679463	5412572	8606771

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View details of IronPlanet's funding rounds and investors

The founders of IronPlanet are Reza Bundy and Richard De Silva.

Here are the details of IronPlanet's key team members:

Reza Bundy: Former Co-Founder of IronPlanet.
Richard De Silva: Former Co-Founder of IronPlanet.
Contact Info: 1 email address

View details of IronPlanet's Founder profiles and Board Members

IronPlanet's employee count trend

IronPlanet has 1 employees as of Jun 26. Here is IronPlanet's employee count trend over the years:

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Top competitors of IronPlanet include Ritchie Bros, Penske Automotive and Storyteller Overland. Here is the list of Top 10 competitors of IronPlanet, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Ritchie Bros 1958, Westchester (United States), Public	Provider of the auction-based marketplace offering heavy machinery	-	Vulcan Capital	70/100
2nd	Penske Automotive 1990, Bloomfield Hills (United States), Public	Dealer of commercial vehicles and parts	-	TRP	59/100
3rd	Storyteller Overland 2018, Birmingham (United States), Series B	Manufacturer of adventure vans	$42.5M	Rx3 Growth Partners, L Catterton & 2 others	55/100
4th	Auctiontime 2002, Lincoln (United States), Unfunded	Provider of online auctions for trucks, farm, and heavy equipment	-	-	52/100
5th	IronPlanet 1998, Brisbane (Australia), Acquired	App-based platform that provides auctions for used heavy equipment	$84.6M	Cross Creek, Union Grove Venture Partners ... & 22 others	52/100
6th	Machinio 2012, Chicago (United States), Acquired	Auction based marketplace for used heavy machinery	$4.04M	Angelneers, Elevation Partners & 4 others	50/100
7th	4Rivers Equipment 1926, Greeley (United States), Unfunded	Provides construction equipment solutions	-	-	48/100
8th	Chrysler Dodge Jeep and Ram Dealer 1968, India, Unfunded	Dealer of trucks	-	-	45/100
9th	TractorHouse 2005, Lincoln (United States), Unfunded	Online listing platform for selling and buying of old tractor and farm machinery	-	-	44/100
10th	Kenworth Sales Company 1945, Idaho (United States), Unfunded	Provider of heavy and medium-duty truck sales, service, parts, financing, and leasing	-	-	43/100