EquipNet, Inc.
Financials
Estimates*
USD | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|
Revenues | 25.5m | 25.5m | 25.5m | 22.2m | 23.7m | 23.7m |
% growth | - | - | - | (13 %) | 7 % | - |
Date | Investors | Amount | Round |
---|---|---|---|
$3.6m | Series A | ||
N/A | $940k | Early VC | |
N/A | $1.7m | Series B | |
N/A | N/A | Late VC | |
Total Funding | AUD9.6m |
Related Content
Recent News about EquipNet, Inc.
EditEquipNet operates as a global marketplace specializing in the buying and selling of pre-owned industrial equipment. The company serves a diverse range of clients, including those in the pharmaceutical, biotech, chemical, consumer packaged goods, and personal care industries. EquipNet's business model revolves around facilitating transactions through its online platform, which features auctions, direct sales, and investment recovery solutions. The company generates revenue by charging fees for listing equipment, transaction commissions, and offering additional services such as asset management and valuation. EquipNet's market presence is bolstered by its commitment to sustainability, helping businesses repurpose and reuse equipment, thereby reducing waste and promoting environmental consciousness.
Keywords: industrial equipment, pre-owned, marketplace, auctions, investment recovery, asset management, sustainability, pharmaceutical, biotech, chemical.