Machineio

Machineio

Global marketplace for industrial machinery

Overview

Machinio operates as a global online marketplace for industrial machinery and equipment. It connects buyers and sellers through a specialized search engine that surfaces listings from dealers, suppliers, and end-users across industries like agriculture, construction, transportation, and manufacturing. How it works: buyers use the platform to search, filter, and compare equipment, then contact sellers or request quotes; sellers list items with details and photos, and Machinio earns money from listing fees and sales commissions. What sets it apart: a large, worldwide catalog and a streamlined search experience that reaches many buyers and sellers, enabling quick exposure and transactions. The company’s goal is to make it easy to find and move heavy machinery by providing a scalable, technology-driven marketplace that links a global network of buyers and sellers.

About Machineio

Simplify's Rating
Why Machineio is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Industrial & Manufacturing

Enterprise Software

Company Size

51-200

Company Stage

Series A

Total Funding

$4M

Headquarters

New York City, New York

Founded

2012

Simplify Jobs

Simplify's Take

What believers are saying

  • Machinio serves agriculture, construction, and manufacturing industries broadly.
  • Machinio partners with Zeppelin Cat, RDO Equipment, and Herc Rentals.
  • Machinio generates revenue via listing fees and sales commissions.

What critics are saying

  • Machine Hub erodes U.S. share in 6–12 months via specialized listings.
  • Equipt.com captures listings with superior software in 12–18 months.
  • IronPlanet undercuts with IronClad Assurance in 6–12 months.

What makes Machineio unique

  • Machinio aggregates 1.25 million used machinery listings globally.
  • Machinio connects buyers worldwide with sellers from U.S. to Russia.
  • Machinio specializes in metalworking, construction, and agricultural equipment.

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Funding

Total Funding

$4M

Below

Industry Average

Funded Over

3 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Below Average

Industry standards

$15M
$3M
Machineio
$5M
ByteDance
$8.2M
Discord
$15M
Canva
$30M
Kalshi

Benefits

Unlimited Paid Time Off

Paid Holidays

Remote Work Options

Company News

MarketScreener
Jan 19th, 2024
XCMG E-Commerce Inc Selects Machinio as Key Partner in Post-Market Program

XCMG e-commerce Inc selects Machinio as key partner in post-market program.

TechCrunch
Oct 17th, 2023
With $33M Series C, Fingerprint Looks To Expand Device Intelligence Platform

Fingerprint, a device intelligence API, helps developers build security solutions using information from hardware accessing a website. The primary goal is to help prevent fraud.Today, the Chicago-based company announced a $33 million Series C investment ​​led by Nexus Venture Partners with participation from Uncorrelated Ventures.Dan Pinto, the company’s co-founder and CEO says what his startup does really well is identifying devices on the internet, whether through a browser like Chrome, Safari or Firefox, or through a mobile operating system via a native app on your phone. He argues that the methods of tracking devices like cookies and IP addresses don’t really work anymore with changes in browser technology, especially with the ability to hide who you are using a VPN.“Fundamentally being anonymous on the internet means that you can do bad things,” Pinto told TechCrunch.“We provide our [fingerprinting] service to high scale businesses in order to uniquely identify devices and prevent things like people logging into other people’s accounts they’re not supposed to, using stolen credit cards across multiple fake accounts and things like that.”They do this via an API, enabling developers to link to their service to help prevent fraud on their websites. He says they look for things like things like what fonts are installed on the device, the screen resolution all the way to really deep technical things like how the device completes an SSL handshake with the server. The company’s technology is based on an open source library called Fingerprint.js, created by co-founder and CTO Valentin Vasilyev.Pinto met Vasilyev at his previous startup, Machinio, when he hired him as one of the company’s first software engineers. By that time, Vasilyev had already created the open source Fingerprint.js project and it was gaining in popularity

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