AllSurplus is a global online marketplace for businesses to buy and sell surplus industrial and commercial equipment. It offers a transparent platform for liquidating excess assets and acquiring quality used machinery across diverse categories like transportation and biopharma.
Funding
$13M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Businesses often face challenges in efficiently disposing of or acquiring surplus industrial and commercial equipment. This can lead to underutilized assets, increased storage costs, and missed opportunities to source necessary machinery at competitive prices.
Solution
AllSurplus operates as a global online marketplace facilitating the sale and purchase of business surplus assets. The platform aggregates a diverse inventory of industrial and commercial equipment across numerous categories, including transportation and biopharma. It provides a centralized, secure, and transparent environment for organizations to liquidate excess inventory and for buyers to procure quality used equipment. The platform ensures a streamlined transaction process from listing to final sale, enabling efficient asset lifecycle management for businesses.
Target Audience
The primary users are businesses seeking to sell surplus industrial and commercial equipment, and companies looking to acquire used machinery and assets across various sectors.
Features
- Global online marketplace for business surplus equipment.
- Wide range of categories including transportation, biopharma, and industrial machinery.
- Secure and transparent transaction environment.
- Direct access to thousands of surplus assets from reputable seller organizations.
- Integrated platform for managing auctions, listings, and asset watchlists.
- User account migration from GoIndustry DoveBid, preserving existing settings and activity.