AuctioNet.com
Online auctions for furniture, design, art, and antiques, uniting European auction houses with secure payments and expert shipping.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
SEK7.0m | Series A | ||
| Total Funding | 000k | ||
| SEK | 2022 | 2023 | 2024 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| % growth | - | 13 % | 12 % |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| % profit margin | (6 %) | (2 %) | (2 %) |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Company filings or news article
Auctionet operates an online auction platform specializing in furniture, design, art, and everyday antiques. The company collaborates with over 51 European auction houses, providing a unified marketplace for buyers and sellers. Auctionet serves a diverse clientele, including collectors, interior designers, and everyday consumers looking for unique items. The platform ensures secure transactions and expert shipping, enhancing buyer confidence through detailed item inspections and descriptions by specialists. Auctionet's business model revolves around commission fees from successful sales, making money by taking a percentage of the final auction price. The company also offers additional services such as the Auctionet Academy and themed auctions to engage its user base and expand its market reach. With over 1,394,000 items sold and 13,510,000 bids placed, Auctionet has established itself as a significant player in the online auction market.
Keywords: online auctions, European auction houses, furniture, design, art, antiques, secure payments, expert shipping, item inspections, commission fees, themed auctions.