Auction Edge
2024 Revenue
$8.6M
Funding
$0
YOY
26.5%
Team
110
Founded
2012
How Auction Edge CEO David Weldon grew to $8.6M revenue with a 110 person team in 2024.
Auction Edge is a provider of an independent auto auction system. The company's platform enables market participants to transact, manage and conduct auctions online. The company seeks to strengthen and expand the company's core business through acquisitions.
Last updated
Auction Edge Revenue
In 2024, Auction Edge's revenue reached $8.6M. The company previously reported $6.8M in 2023. Since its launch in 2012, Auction Edge has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Auction Edge Hit $8.6m revenue in October 2024 | |
| 2023 | Auction Edge Hit $6.8m revenue in December 2023 | |
| 2021 | Auction Edge Hit $5.1m revenue in April 2021 | |
| 2012 | Launched with $0 revenue |
Auction Edge Valuation, Funding Rounds
Auction Edge is a bootstrapped Automotive Software startup. Founded in 2012, Auction Edge has grown to $8.6M in revenue without raising any venture capital or outside funding.
As a self-funded Automotive Software SaaS company, Auction Edge has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founders
David Weldon
CEO
Auction Edge is a technology company focused on providing solutions for Independent Auto Auctions. Specialties: Dealer Relationship Management, Database management, Web Analytics, Auction Consulting.
Mark Phillips
Chief Digital Officer (CDO)
Mark Phillips is listed as Chief Digital Officer (CDO) at Auction Edge.
Bryan Gillit
Chief Financial Officer
Bryan Gillit is listed as Chief Financial Officer at Auction Edge.
Jeffrey Andrews
Chief Technology Officer
Jeffrey Andrews is listed as Chief Technology Officer at Auction Edge.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Auction Edge yet.
Auction Edge Employees & Team Size
Auction Edge employs approximately 110 people as of 2026, up from 103 in 2023, including 2 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2024 | Reached 110 employees (December 2024) |
| 2024 | Reached 107 employees (October 2024) |
| 2023 | Reached 103 employees (December 2023) |
| 2022 | Reached 97 employees (December 2022) |
| 2021 | Reached 93 employees (December 2021) |
| 2021 | Reached 76 employees (April 2021) |
Frequently Asked Questions about Auction Edge
What is Auction Edge's revenue?
Auction Edge generates an estimated $8.6M in annual revenue.
Who is the CEO of Auction Edge?
The CEO of Auction Edge is David Weldon.
How much funding does Auction Edge have?
Auction Edge is bootstrapped and has not raised outside funding.
How many employees does Auction Edge have?
Auction Edge has 110 employees.
Where is Auction Edge headquarters?
Auction Edge is headquartered in Franklin, Tennessee, United States.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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