S
SalvageSale
SalvageSale maximizes salvage recoveries for insurance carriers by providing a comprehensive salvage recovery program
About SalvageSale
SalvageSale operates as an online marketplace specializing in the buying and selling of salvage and reclaimed insurance assets. The platform connects insurance companies and other sellers with buyers looking for heavy equipment, cars, trucks, recycled materials, and luxury goods. SalvageSale serves a diverse client base, including over half of the leading insurance companies in North America. The company operates in the asset recovery and liquidation market, providing a robust data-driven approach to refine underwriting strategies and accelerate renewals. SalvageSale's business model revolves around a sealed bid system, ensuring a transparent and competitive bidding process. The company generates revenue through transaction fees and commissions on sales. SalvageSale has processed over 3 million bids and recovered over $2 billion in claims, showcasing its effectiveness in maximizing recoveries and lowering net indemnity for its clients.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 1999
- Headquarters
- Pleasanton, United States
- Employees
- 11
- Open positions
- None listed
- Dealroom signal
- 55.0/100
- Industry
- Fintech, Food
- Sub-industry
- Insurance, AgriTech
- Sector
- Fintech, Retail, Industrial Marketplace, B2b Online Marketplace, Hard Tech
- Business model
- Marketplace & ecommerce
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES B✓Equity / VC | Oct 2000 | $17M | $68M | Swiss RE · Securitas · Reinsurance Group Of America | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for SalvageSale is 41K monthly website visits, down 2.4% over the last three months. SalvageSale's team grew 0% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A3 investors entered at this stage
Swiss RE
Securitas
Reinsurance Group Of America
Other known investors1 additional known investor
- TVTexas Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about SalvageSale on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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