Mazree
Social network allowing businesses to connect, collaborate and simplify key business-to-business activities.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor investor investor | €0.0 | round | |
* | N/A | Acquisition | |
| Total Funding | 000k | ||
Mazree operates as a specialized online marketplace for the buying and selling of used and surplus medical equipment. Founded in 2011 by Curtis McEntire, the company is headquartered in West Valley City, United States. In June 2025, Mazree was acquired by SpendMend, a provider of cost-savings solutions for the healthcare industry, to enhance its capabilities in equipment value recovery.
The company's primary clients are hospitals, health systems, and other healthcare organizations looking to manage and recover value from their surplus or retired medical assets. Mazree's business model centers on its cloud-based auction and asset management platform, which facilitates a transparent and auditable process for both buyers and sellers. The platform is designed to help healthcare facilities maximize returns on unused equipment, which might otherwise be stored, forgotten, or wasted. Revenue is generated through this resale process, creating an additional income stream for healthcare providers that can be reinvested.
Mazree's core service is its "Smart Auctions" platform, which connects sellers with a global network of vetted buyers. Key features include automated competitive bidding, real-time analytics for sellers to monitor sales performance, and mobile applications for listing and bidding on the go. A distinctive element of its service is the internal redeployment feature, allowing large health systems to reassign equipment across their own facilities before listing it for public sale. Furthermore, the company's mission is to prevent any medical equipment from ending up in landfills. This is supported by its "4Rs" strategy: Redeploy, Resell, Relief (donating equipment), and Recycle, where unsold items are responsibly handled by certified recyclers.
Keywords: medical equipment marketplace, used medical equipment, asset disposition, healthcare supply chain, auction platform, asset recovery, surplus medical assets, hospital equipment resale, medical asset management, circular economy healthcare, equipment redeployment, healthcare cost savings, medical equipment auction, sustainable healthcare, value recovery, equipment lifecycle management, SpendMend, Curtis McEntire, healthcare asset visibility, medical equipment recycling