Marketplace for industrial spare parts and capital equipment.
Company is active
Event Year: 2013
Company is active
Event Year: 2013
Asseta operates as a dynamic online marketplace specializing in pre-owned capital equipment and spare parts for industrial applications. By leveraging cutting-edge software solutions, Asseta facilitates seamless and transparent collaboration between buyers and sellers, streamlining equipment transactions. The platform's web-based interface ensures efficient price discovery for all interested parties, complemented by dedicated customer service to enhance the overall user experience.
The market for used manufacturing equipment represents a substantial opportunity, with over $100 billion currently transacted offline through brokers and intermediaries. Asseta aims to revolutionize this traditionally fragmented and underserved sector by offering a technology-driven alternative to the conventional methods. Incumbent firms often rely on extensive sales forces and market inefficiencies to maintain high margins, a practice that Asseta seeks to disrupt with a more efficient and transparent solution. Founded in 2013 and backed by Y Combinator, Asseta is headquartered in Newport Beach, California.
Asseta operates as a dynamic online marketplace specializing in pre-owned capital equipment and spare parts for industrial applications. By leveraging cutting-edge software solutions, Asseta facilitates seamless and transparent collaboration between buyers and sellers, streamlining equipment transactions. The platform's web-based interface ensures efficient price discovery for all interested parties, complemented by dedicated customer service to enhance the overall user experience.
The market for used manufacturing equipment represents a substantial opportunity, with over $100 billion currently transacted offline through brokers and intermediaries. Asseta aims to revolutionize this traditionally fragmented and underserved sector by offering a technology-driven alternative to the conventional methods. Incumbent firms often rely on extensive sales forces and market inefficiencies to maintain high margins, a practice that Asseta seeks to disrupt with a more efficient and transparent solution. Founded in 2013 and backed by Y Combinator, Asseta is headquartered in Newport Beach, California.
Total Raised: Unknown (Y Combinator backed)
Last Round: Summer 2013
Total Raised: Unknown (Y Combinator backed)
Last Round: Summer 2013
B2B
B2B
B2B
B2B
Team size: 4
Hiring: No
Team size: 4
Hiring: No
