machinio

machinio

Used construction equipment, agricultural equipment and more at Machinio.com. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
AUD19—28m (Dealroom.co estimates Jul 2016.)
New York City New York (HQ)
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DateInvestorsAmountRound
-

N/A

-

$40.0k

Seed

$1.0m

Seed

$3.0m

Series A

N/A

Acquisition
Total FundingAUD6.2m

Recent News about machinio

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Machinio is a leading global platform specializing in the buying and selling of industrial machinery and equipment. The company operates as a search engine that connects buyers and sellers, facilitating transactions in a highly efficient manner. Machinio serves a diverse range of clients, including dealers, suppliers, and end-users in industries such as agriculture, construction, transportation, and manufacturing.

Machinio's market is vast and includes various types of machinery and equipment, from agricultural trailers and fire trucks to machine tools and industrial equipment. The platform lists items from well-known partners like Zeppelin Cat, RDO Equipment, and Herc Rentals, among others. This extensive network allows Machinio to offer a wide array of products, catering to the needs of businesses looking to buy or sell heavy machinery and equipment.

The business model of Machinio is primarily based on leveraging technology to create a seamless experience for both buyers and sellers. By using advanced search algorithms and a user-friendly interface, Machinio makes it easy for buyers to find the equipment they need and for sellers to reach a global audience. The company generates revenue through listing fees and commissions on sales, ensuring a steady income stream while providing valuable services to its clients.

Machinio's success is built on its ability to introduce thousands of dealers and suppliers to millions of new buyers each year. This not only helps sellers move their inventory quickly but also provides buyers with a wide selection of machinery and equipment to choose from. The platform's efficiency and reach have made it a trusted partner for many in the industry.

In summary, Machinio is a technology-driven platform that revolutionizes the buying and selling of industrial machinery and equipment by connecting a global network of buyers and sellers. It serves a diverse range of industries and generates revenue through listing fees and sales commissions.

Keywords: industrial machinery, equipment sales, global platform, search engine, agriculture, construction, transportation, manufacturing, technology-driven, marketplace.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.