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Ritchie Bros.

Heavy Equipment and Industrial Auctions Heavy Equipment and Industrial Machinery Orlando, USA ~20 employees
Founded
--
Employees (Est.)
~20
2 leaders known
Total Funding
$800.0M
Funding Rounds
1
Last Funding
2023-03-01

About Ritchie Bros.

Ritchie Bros. Auctioneers is a global leader in heavy equipment auctions, connecting serious equipment buyers with sellers through a vast network. They aim to provide personal support, flexible selling options, and full-service solutions to help clients sell smarter and faster with confidence.

Products & Services

Heavy Equipment Auctions:Timed auctions for a wide range of heavy equipment across categories like construction, agriculture, trucks & trailers, oil & gas, cranes, forestry, real estate, forklifts, motors, quarry & aggregate, mining, consumer items, and government surplus.
Financing Services:Fast financing approvals with no payments for 120 days to help buyers purchase equipment.
Refurbishing Services:Expert repairs and detailing to maximize returns on equipment sales.
Shipping Services:Reliable and cost-effective shipping solutions through top-rated transport partners.
Heavy Equipment Auctions:Timed auctions for a wide range of heavy equipment across global locations, covering categories like construction, agriculture, and mining.
Financing Services:Fast approval financing options for buyers with deferred payment plans up to 120 days.

Specialties

Global equipment auctions Financing solutions Equipment refurbishing Shipping logistics Heavy Equipment Auctions Global Marketplace Solutions Equipment Financing Equipment Refurbishing Shipping and Logistics

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Debt Financing (Unsecured Bond)
T: -
FT: Debt Financing (Unsecured Bond)
A: 800000000
MR: -
FA: $800 million
FAN: 800000000
D: 2023-03-01
FD: 2023-03-01
-
Debt Financing (Unsecured Bond) Latest
2023-03-01
$800.0M

Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

D

Dykstra

N

Nowoselski

Recent News

Ritchie Bros. Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

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Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Heavy Equipment and Industrial Auctions, Heavy Equipment and Industrial Machinery
Company Size
~20 employees (est.)
Locations
Orlando, USA

Technology Stack

Discover the backend, frontend, and infrastructure technologies powering this company's products.

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