MarkITx - About the company
MarkITx is an acqui-hired company based in Chicago (United States), founded in 2009 by Ben Blair. It operates as a Secondary IT Hardware Exchange. MarkITx has raised $8.87M in funding. The company has 57 active competitors, including 3 that have exited. Its top competitors include companies like Newegg Business, Tech Innovation and Tradeloop.
Company Details
MarkITx is an online, B2B, transparent and disruptive marketplace for enterprises to purchase, trade and sell their IT infrastructure. It is using predictive algorithms to provide a fair market value of IT equipment in real-time, to offer an online exchange that helps enterprises recoup as much as 40% of their original IT investment. MarkITx eliminates risk at every step by maintaining anonymity between parties and keeping funds in escrow until equipment has passed a thorough inspection and certification from a qualified OEM refurbisher. Founded in 2012 by a team of serial entrepreneurs, the Chicago-based company currently serves more than 1,500 customers.
- Website
- markitx.com
Key Metrics
Founded Year
2009
Location
Chicago, United States
Stage
Acqui-Hired
Total Funding
$8.87M in 4 rounds
Latest Funding Round
Investors
Ranked
3rd among 57 active competitors
Employee Count
4 as on Sep 30, 2026
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MarkITx's funding and investors
MarkITx has raised a total funding of $8.87M over 4 rounds. Its first funding round was on Dec 01, 2009. MarkITx has 2 institutional investors.
Here is the list of recent funding rounds of MarkITx:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 06, 2013 | 6707537 | Series A | 2367216 | 5942672 | 4179593 | 8387418 |
Sep 05, 2013 | 3934536 | Seed | 7783818 | 1757957 | 8132605 | 9126072 |
Nov 06, 2012 | 1544503 | Angel | 8938076 | 6656040 | 4389417 | 7976620 |
View details of MarkITx's funding rounds and investors
MarkITx's founders and board of directors
Founder? Claim ProfileThe founders of MarkITx is Ben Blair.
Here are the details of MarkITx's key team members:
- Ben Blair: Co-Founder And CTO of MarkITx.
View details of MarkITx's Founder profiles and Board Members
MarkITx's employee count trend
MarkITx has 4 employees as of Sep 26. Here is MarkITx's employee count trend over the years:
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MarkITx's Competitors and alternates
Top competitors of MarkITx include Newegg Business, Tech Innovation and Tradeloop. Here is the list of Top 10 competitors of MarkITx, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Newegg Business 2009, Whittier (United States), Unfunded | Provider of IT products and solutions | - | - | 34/100 |
2nd | Tech Innovation 2003, Indianapolis (United States), Funding Raised | Online e-distributor offering IT supplies | - | - | 34/100 |
3rd | MarkITx 2009, Chicago (United States), Acqui-Hired | Secondary IT Hardware Exchange | $8.87M | 32/100 | |
4th | Tradeloop 1997, Arlington (United States), Unfunded | Retailer of sporting goods and equipment | - | - | 30/100 |
5th | ChromebookParts.com 2014, Minneapolis (United States), Funding Raised | E-distributor of electronic hardware products | - | - | 29/100 |
6th | Global Resale 2015, Austin (United States), Acquired | Provider of recommerce solutions for businesses | - | - | 28/100 |
7th | Flytec Computers 2010, Doral (United States), Unfunded | E-distributor offering IT equipments | - | - | 27/100 |
8th | Discount PC 2016, Austin (United States), Unfunded | E-distributor offering IT equipment for enterprises | - | - | 26/100 |
9th | ![]() Almo Pro AV 2022, Philadelphia (United States), Unfunded | Distributor of pro audio visual equipment, solutions, and related services | - | - | 26/100 |
10th | Evertek Computers 1990, Temecula (United States), Unfunded | Wholesale reseller of computers and consumer electronics | - | - | 26/100 |
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MarkITx's Investments and acquisitions
MarkITx has made no investments or acquisitions yet.
Reports related to MarkITx
Here is the latest report on MarkITx's sector:
News related to MarkITx
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MarkITx Raises $2.15 Million in Second Round of Seed FundingMarkITx•MarkITx
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