AuctionDrop
Founded Year
2002Stage
Acquired | AcquiredTotal Raised
$16.2MAbout AuctionDrop
AuctionDrop is a leading online retailer for liquidation of wholesale surplus and salvage inventory and assets. The Company's business-to-consumer model sources wholesale, surplus and excess inventory from big box national retailers, high-end luxury retailers and other corporate sources, then sells the merchandise through eBay and other online channels. AuctionDrop's operations include all aspects of the reverse supply chain process from supplier pickup-up, merchandise auction listing, packing and shipping to tracking, collections and customer service. Manufacturers and retailers spend a considerable amount of their time and efforts on the procurement of new inventory, but often fail to develop the optimal disposal/liquidation strategy for customer returns, damaged and overstock goods. AuctionDrop provides a consistent and reliable channel for such companies to simplify the process while maximizing the return on their excess inventory . This enables AuctionDrop to provide a flow of high quality items at affordable prices to its end customers. Our goods are sourced exclusively from reputable corporate sources.
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Expert Collections containing AuctionDrop
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
AuctionDrop is included in 1 Expert Collection, including E-Commerce.
E-Commerce
10,073 items
AuctionDrop Frequently Asked Questions (FAQ)
When was AuctionDrop founded?
AuctionDrop was founded in 2002.
Where is AuctionDrop's headquarters?
AuctionDrop's headquarters is located at 1355-B Adams Court, Menlo Park.
What is AuctionDrop's latest funding round?
AuctionDrop's latest funding round is Acquired.
How much did AuctionDrop raise?
AuctionDrop raised a total of $16.2M.
Who are the investors of AuctionDrop?
Investors of AuctionDrop include ECO International, Mobius Venture Capital, Threshold Ventures and G-51 Capital.
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