SALVEX Incorporated

What SALVEX Incorporated does

SALVEX Incorporated (legal entity: Salvex Group, Inc.) operates a global B2B online marketplace for surplus, salvage, and distressed commercial assets. Founded in 2002 and headquartered at 440 Louisiana Street, Suite 550, Houston, Texas, the company connects sellers of excess, end-of-life, bankrupt, insurance-recovered, and natural-disaster-impacted commercial assets with buyers seeking discounted industrial and consumer goods. The platform claims reach across 200 countries and serves both enterprise sellers (insurance companies, corporations, bankruptcy estates) and enterprise buyers in industries including aviation, oil and gas, transportation, solar, construction, agriculture, and chemicals.

The platform's technology is organized around three components: the SALVEX Auction™ proprietary timed-bid mechanism (typically running 7–14 days, 24 hours for perishables), the Global Operator Network connecting participants across geographies, and the Asset Recovery Marketplace hosting 5,000+ listings. SALVEX monetizes exclusively through transaction-based commissions: a Performance Based Commission (minimum $500 per transaction, variable by service level and product), an Exclusive Listing Commission (fixed percentage under written agreement), and optional Buyer Premiums on certain listings. The company has no disclosed API, no integrations, no mobile app, and no AI/ML features in the source data. The product portfolio includes a Sustainability Solutions offering that markets carbon offsets through asset repurposing.

SALVEX is privately held with no disclosed funding rounds, acquisitions, or institutional investors. The company employs 51–100 people and is led by founder and CEO Charlie Wilson. No public revenue, ARR, or GMV figure has been disclosed; the self-described "$5.2B Global Marketplace" figure refers to marketplace transaction volume rather than company revenue.

Name

SALVEX Incorporated

Legal name

Salvex Group, Inc.

Website

https://salvex.com

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

11–50 employees

Short description

SALVEX operates a global B2B online marketplace connecting sellers of surplus, salvage, and distressed commercial assets with buyers across 200 countries via its proprietary SALVEX Auction™ platform, monetizing through transaction-based commissions with a $500 minimum per transaction.

Ownership category

akta.pro rank

Product category

Online Surplus Asset Marketplace

NAICS

Industrial Supplies Merchant Wholesalers (423840)

akta.pro primary industry

B2B Liquidation Auctions & Asset Disposition Retail (CRAEAFAG)

Keywords

• Surplus asset marketplace
• Online auction platform
• Asset recovery services
• Industrial equipment resale
• B2B liquidation marketplace

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Digital Commerce or Content

Cost components

Technology or R&D, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Performance Based Commission: Commission earned on SALVEX Auction transactions. Minimum commission of $500 per transaction, with the amount based on level of SALVEX services, type of product, and auction specifics. Commission is deducted from the bid amount.
2. Exclusive Listing Commission: Fixed percentage commission of the bid amount for exclusive listing arrangements, as stated in written agreement signed by Seller and SALVEX.
3. Buyer Premium: Additional fee added to the bid amount for certain products, as stated in the Listing Description. This is not subject to discount.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

SALVEX operates a global B2B online marketplace that connects sellers of surplus, salvage, and distressed commercial assets with buyers worldwide. Transactions are executed through the proprietary SALVEX Auction™ system, in which sellers list assets and buyers submit bids on a platform spanning 200 countries and 5,000+ listings across aviation, oil and gas, transportation, solar, heavy equipment, and other categories. The company monetizes these transactions via performance-based commissions, exclusive listing commissions, and buyer premiums.

Product overview

SALVEX is a $5.2 billion global e-commerce marketplace for asset recovery and surplus inventory. The platform operates as a unified marketplace combining the SALVEX Auction™ system, the Global Operator Network, and the Asset Recovery Marketplace into a single platform. The company facilitates transactions between sellers (insurance companies, corporations, bankruptcy estates) and buyers across 200 countries, offering assets sourced from insurance claims, corporate surpluses, asset recoveries, bankruptcies, and natural disasters. The product portfolio spans multiple categories including Aviation (2,296 listings), Oil and Gas (1,018 listings), Solar Energy (224 listings), Heavy Equipment (182 listings), Building Materials (129 listings), and others. The company earns revenue through commission-based auction services with Performance Based Commission and Exclusive Listing Commission models. A complementary Sustainability Solutions service offers carbon offsets through asset repurposing.

Differentiator

Problem solved

Functional benefit

Products and services

• SALVEX Auction
• Asset Recovery Marketplace
• Global Operator Network

Quantifiable outcome

• Global marketplace spanning 200 countries
• +1 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• B-Stock Solutions: B2B marketplace operator connecting retailers and manufacturers with buyers for returned, overstock, and excess inventory. Directly comparable to SALVEX in serving enterprise sellers of surplus commercial assets via auction.
• Liquidity Services: Public NASDAQ-listed operator (LQDT) of multiple B2B marketplaces for surplus and salvage assets across government, corporate, and capital assets. Closest direct competitor to SALVEX in the B2B liquidation auction and asset disposition category.
• Bonanza: General online marketplace with seller tools and auction-style listings across multiple categories. Comparable to SALVEX as a horizontal B2B/B2C marketplace facilitator using listing and bidding mechanics.
• GovPlanet: Online auction platform (part of RB Global) focused on heavy equipment, trucks, and government surplus. Overlaps with SALVEX in transportation, heavy equipment, and aviation/vehicle surplus categories.
• Bid4Assets: Online auction platform for distressed real estate, tax-defaulted assets, and government/corporate surplus. Comparable to SALVEX in the broader distressed-asset disposition market using a marketplace auction model.
• GovDeals: Online auction platform specializing in government and corporate surplus asset sales. Directly competes with SALVEX in the public-sector and enterprise surplus liquidation segment using a marketplace listing model.

Others

• ReposiTrak: Supply chain compliance, food safety, and sustainability platform. Comparable as an adjacent ecosystem player to SALVEX's Sustainability Solutions positioning, though not a direct marketplace competitor.

Broad incumbents

• eBay Inc. Global online marketplace that handles surplus, refurbished, and B2B inventory at massive scale. Comparable to SALVEX as a broad incumbent operating marketplace listings and auctions for commercial buyers and sellers.

Regional players

• Catawiki: Europe-headquartered curated online auction platform for specialty and collectible categories. Comparable to SALVEX as a marketplace auction operator, though primarily regional and focused on specialty verticals.

Emerging players

• Everything But The House (EBTH): Online auction house for estate and consigned items, including commercial and high-value assets. Partially comparable to SALVEX as an online auction platform handling higher-value surplus and asset recovery transactions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/SalvexInc

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SALVEX Incorporated