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Aucto is an online marketplace that focuses on the auction and tendering of used and surplus industrial equipment, machinery, and tools. The platform connects sellers with surplus industrial assets to buyers looking for affordable options. Sellers can list their equipment for auction or submit tenders, allowing buyers to bid or make offers. Aucto generates revenue through listing fees, transaction fees on sales, and premium services for better visibility of listings. This marketplace caters to businesses that prefer cost-effective solutions for industrial equipment, providing a reliable platform for both buying and selling. Aucto's goal is to facilitate efficient and transparent transactions in the industrial equipment sector.
Company Stage
Seed
Employees
11-50
Industries
Industrial & Manufacturing
Total Funding
$3.7M
Headquarters
N/A
Founded
2020
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Competitive Cash and equity
Flexible PTO
Full suite of benefits
Remote friendly
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