What is bidadoo?
bidadoo operates as the largest and most trusted online auction service on the world's largest auction marketplace, eBay. The company specializes in professional remarketing for used construction equipment, rental fleets, trucks, and other capital assets. With Auction Service Centers across North America, bidadoo serves a global clientele of bidders and buyers. Its extensive client roster includes major industry players such as Sunbelt Rentals, Herc Rentals, H&E Equipment, and prominent equipment manufacturers like JCB, Genie/Terex, Case, Takeuchi, Komatsu, and John Deere dealers, alongside large corporations like The Boeing Company and governmental entities like the City of Seattle.
How much funding has bidadoo raised?
bidadoo has raised a total of $1M across 1 funding round:
Debt
$1M
Debt (2020): $1M with participation from PPP
Key Investors in bidadoo
PPP
Public-Private Partnership
What's next for bidadoo?
The recent major strategic investment signals a pivotal growth phase for bidadoo, likely enabling expansion of its remarketing capabilities and market reach. This capital infusion is expected to bolster its position as a leader in the online auction space for heavy equipment and capital assets, potentially leading to enhanced technological integration and broader service offerings to its diverse client base, which includes major rental companies and equipment manufacturers.
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