When was Proxibid founded?

Proxibid was founded in 2001 and raised its 1st funding round 7 years after it was founded.

Where is Proxibid located?

Proxibid is headquartered in Omaha, United States. It is registered at Omaha, Nebraska.

How many employees does Proxibid have?

As of Jul 31, 2026, the latest employee count at Proxibid is 54.

Is Proxibid a funded company?

Proxibid is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Aug 04, 2008.

When was the latest funding round of Proxibid?

Proxibid's latest funding was a $***** Series A round on Aug 17, 2015, with participation from 1 investor. Its primary sector is Horizontal E-Commerce. In United States, the Horizontal E-Commerce sector has seen $529M in funding in 2026 to date.

Where does Proxibid rank among its competitors?

Proxibid ranks 10th amongst 62 active competitors, of which 5 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Auxxit, which secured $850K in Jun, 2023.

Who are the top competitors of Proxibid?

Proxibid's top competitors include BiddingForGood, Online Liquidation Auction and PoliceAuctions.com. Among them, Auxxit secured the most recent funding round in June, 2023.

Proxibid - 2026 Company Profile, Team, Funding & Competitors

Proxibid is an acquired company based in Omaha (United States), founded in 2001 by Joe Petsick. It operates as an Auction marketplace for horizontal products.. Proxibid has raised an undisclosed amount in funding from Primus Capital. The company has 62 active competitors, including 5 funded and 6 that have exited. Its top competitors include companies like BiddingForGood, Online Liquidation Auction and PoliceAuctions.com.

Company Details

Proxibid is an online platform that provides a auction marketplace for consumer products. All the products are auctioned by the owners. The marketplace offers four types of transaction method which are "buy now, make offer, timed auction, and live auction". Some of the products auctioned are fine art products, vehicles, house hold goods, tools, machinery, tools, heavy equipment and others. The person auctioning the product can decide how long the auction to go on for and the base price of the bid.

Website: www.proxibid.com/
Social
Registered Address: Omaha, Nebraska

Key Metrics

Founded Year

2001

Location

Omaha, United States

Stage

Acquired

Latest Funding Round

Series A, Aug 17, 2015, $*****

Investors

Primus Capital

Ranked

10^th among 62 active competitors

Employee Count

54 as on Jul 31, 2026

Investment & Acquisitions

Wavebid

Similar Companies

BiddingForGood & 207 more

Exit Details

Acquired by TA Associates (Feb 14, 2020)

View Proxibid's full profile

Proxibid is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PROXIBID, INC. CIN: 470843503 , United States, Active	Dec 26, 999	-	237 (As on Dec 31, 2024)	-

Proxibid got acquired by TA Associates on Feb 14, 2020.

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

Proxibid has raised funding over 2 rounds. Its first funding round was on Aug 04, 2008. Its latest funding round was a Series A round on Aug 17, 2015 for $*****. 1 investor participated in its latest round. Proxibid has 1 institutional investor.

Here is the list of recent funding rounds of Proxibid:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 17, 2015	8535463	Series A	1609157	5223521	3064988	6957905
Aug 04, 2008	1573556	Seed	7780683	2069961	3118298	8327452

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View details of Proxibid's funding rounds and investors

The founders of Proxibid is Joe Petsick.

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

Joe Petsick: Co-Founder of Proxibid.
Ryan Downs: CEO of Proxibid.

View details of Proxibid's Founder profiles and Board Members

Proxibid's employee count trend

Proxibid has 54 employees as of Jul 26. Here is Proxibid's employee count trend over the years:

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Top competitors of Proxibid include BiddingForGood, Online Liquidation Auction and PoliceAuctions.com. Here is the list of Top 10 competitors of Proxibid, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	BiddingForGood 2003, Cambridge (United States), Acquired	Online fundraising platform for auctions of multi-category products	$29.1M	Morningside, Canaan	48/100
2nd	Online Liquidation Auction 2014, Cleveland (United States), Unfunded	Online auction platform offering multi-category products	-	-	41/100
3rd	PoliceAuctions.com 1999, Costa Mesa (United States), Unfunded	Online auction platform offering multi-category products	-	-	40/100
4th	Equip-bid 2009, Overland Park (United States), Funding Raised	Online auction platform for multi-category products	-	UCLA Ventures	34/100
5th	Auxxit 2017, Denver (United States), Seed	Provider of a mobile platform for peer-to-peer community-based commerce	$1.04M	-	32/100
6th	Swoopo 2005, Mountain View (United States), Deadpooled	Online auction platform offering discounted products through competitive bidding	$14M	August Capital, Wellington Partners Venture Capital ... Read more	30/100
7th	AuctionRover 1999, Raleigh (United States), Acquired	Online auction platform	$3M	NAV.VC, Draper Richards	29/100
8th	Wardlow Auctions 1998, Louisville (United States), Unfunded	Provider of auction services for real estate and personal property	-	-	28/100
9th	uBid Deals 1997, Itasca (United States), Acquired	Online Auction and Fixed Price Merchandise	-	Eight Mercatus	28/100
10th	Proxibid 2001, Omaha (United States), Acquired	Auction marketplace for horizontal products.	-	Primus Capital	28/100