Hourglass Management Corporation
- Company typePrivate
- Founded2009
- HeadquartersCommerce City, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
Hourglass Management Corporation firmographics
Firmographics- Name
- Hourglass Management Corporation
- Legal name
- Hourglass Management Corporation
- Website
- https://hourglassmc.com
- Company type
- Private
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
Hourglass Management Corporation industry classification
Industry- Product category
- Fleet Remarketing Services
- NAICS
- Management of Companies and Enterprises (55), Corporate, Subsidiary, and Regional Managing Offices (551114)
- SIC
- Services-Auto Rental & Leasing (No Drivers) (7510)
- akta.pro primary industry
- Full-Service Fleet Management (Outsourced Fleet Programs) (THADAKAA)
- akta.pro secondary industry
- Corporate & Employee Fleet Programs (THADAKAC)
Keywords
Where Hourglass Management Corporation is headquartered
LocationHeadquarters
- HQ city
- Commerce City
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Hourglass Management Corporation business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Distribution channels2 records
Hourglass Management Corporation product offering
Product offeringCore offering
Hourglass Management Corporation provides shared management, human resource processes, marketing support, and information technology solutions to its wholly-owned automotive portfolio companies. Its primary operating offerings are Flexco Fleet Services, which delivers customizable fleet remarketing, employee sales, transportation, title processing, financing, re-fleeting, and like-kind exchange services to Fortune 500 companies and fleet operators, and ZOOMWAREHOUSE, a public online auction platform where employees from a network of companies bid on late-model fleet vehicles and other cars, trucks, and hybrids.
Product overview
Hourglass Management Corporation (HMC) operates as a resource management holding company overseeing a portfolio of automotive industry companies: Flexco Fleet Services and ZOOMWAREHOUSE. Flexco Fleet Services provides fleet remarketing and related automotive services, while ZOOMWAREHOUSE serves as an online vehicle auction platform. HMC provides shared management, human resource processes, marketing support, and information technology solutions to unify these portfolio companies.
Differentiator
Problem solved
Functional benefit
Products and services
- Flexco Fleet Services A fleet vehicle remarketing service with over 20 years of industry experience offering customizable services including fleet remarketing, employee sales, transportation, title processing, financing, re-fleeting, and like-kind exchanges for Fortune 500 companies and fleet operators.
- ZOOMWAREHOUSE A public online auction platform enabling employees from a network of companies to search and bid on late-model fleet vehicles and other cars, trucks, and hybrids; sellers can set business rules, buying options, timeframes, and guidelines, and most vehicles feature detailed condition reports and extensive photographs.
Quantifiable outcome
- Decreased days-to-sell
- +2 more outcomes
Companies that use Hourglass Management Corporation
Customer profileNamed customers2 records
Segments1 record
Ideal customer profiles2 records
Hourglass Management Corporation technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Hourglass Management Corporation partnerships and signals
Strategic signalScale indicators1 record
Recent moves3 records
Hourglass Management Corporation competitors and assessment
Company assessmentBroad incumbents
- Manheim (Cox Automotive): Manheim is the largest US wholesale vehicle auction operator and a division of Cox Automotive, running a national physical and digital auction network. It competes directly with ZOOMWAREHOUSE for fleet and dealer inventory and with Flexco on enterprise remarketing services, but at vastly greater scale and geographic footprint.
- KAR Global (formerly KAR Auction Services / IAA): KAR Global operates ADESA auctions and other remarketing platforms for fleet, lease, and dealer inventory across North America. It is a broad incumbent comparable to HMC's combined Flexco and ZOOMWAREHOUSE offering, with enterprise fleet services as a core vertical.
- Holman Enterprises: Holman is a large privately held fleet management and automotive services company offering fleet leasing, remarketing, parts, and dealership operations. It competes with Flexco on outsourced enterprise fleet programs and brings broader integrated capabilities.
- Wheels Donlen: Wheels Donlen is a major North American fleet management, leasing, and remarketing provider for enterprise and government fleets. It overlaps with Flexco on the outsourced fleet program/remarketing value proposition at much larger scale.
- Element Fleet Management: Element Fleet Management is one of the world's largest corporate fleet management services companies, with a sizable end-of-life vehicle remarketing business. It is a broad incumbent comparable to Flexco's outsourced fleet programs with materially greater scale and international footprint.
Direct peers
- ACV Auctions: ACV Auctions operates a digital-first wholesale vehicle auction platform connecting dealers to inventory, with growing fleet and commercial seller capabilities. It is a direct comparable to ZOOMWAREHOUSE's online auction model and increasingly competes for the same fleet remarketing buyers.
- TradeRev: TradeRev runs mobile-based dealer-to-dealer auction platforms and digital appraisal tools. It overlaps with ZOOMWAREHOUSE on digital fleet/used-vehicle auction mechanics and competes for similar dealer and commercial buyer relationships.
- EBlock: EBlock is a Canadian-founded online vehicle auction platform serving dealers and commercial sellers across North America. It is comparable to ZOOMWAREHOUSE's online fleet auction model and competes for digital-first inventory disposition.
Others
- AutoIMS: AutoIMS provides inspection and condition-reporting technology used by many fleet and lease remarketers, including auction platforms. It is adjacent infrastructure comparable to the detailed condition-report and photography workflow ZOOMWAREHOUSE offers sellers.
- Auction Edge: Auction Edge provides online auction technology, simulcast, and dealer-floor services to independent auto auctions across the US. It is adjacent infrastructure comparable to the auction platform capabilities ZOOMWAREHOUSE offers sellers and bidders.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights5 records
Customer concentration
Hourglass Management Corporation financial estimates
Financial estimateRevenue estimate
Valuation estimate
Hourglass Management Corporation leadership team
Management profileNumber of profiles
Profiles1 record
Hourglass Management Corporation subsidiaries and ownership
Company hierarchySubsidiaries3 records
Hourglass Management Corporation funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Hourglass Management Corporation M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Hourglass Management Corporation
What does Hourglass Management Corporation do?
Hourglass Management Corporation provides shared management, human resource processes, marketing support, and information technology solutions to its wholly-owned automotive portfolio companies. Its primary operating offerings are Flexco Fleet Services, which delivers customizable fleet remarketing, employee sales, transportation, title processing, financing, re-fleeting, and like-kind exchange services to Fortune 500 companies and fleet operators, and ZOOMWAREHOUSE, a public online auction platform where employees from a network of companies bid on late-model fleet vehicles and other cars, trucks, and hybrids.
Is Hourglass Management Corporation a public or private company?
Hourglass Management Corporation is a private company. It is classified as unknown and is currently operating.
When was Hourglass Management Corporation founded?
Hourglass Management Corporation was founded in 2009. It employs 51 to 100 people.
Where is Hourglass Management Corporation based?
Hourglass Management Corporation is headquartered in Commerce City, United States, in the North America region.
Who are Hourglass Management Corporation's main competitors?
Broad incumbents on record are Manheim (Cox Automotive), KAR Global (formerly KAR Auction Services / IAA), Holman Enterprises, Wheels Donlen and Element Fleet Management. Direct peers are ACV Auctions, TradeRev and EBlock. Others are AutoIMS and Auction Edge.
Does Hourglass Management Corporation have an API?
No public API is recorded for Hourglass Management Corporation.
What industry is Hourglass Management Corporation in?
Hourglass Management Corporation's product category is Fleet Remarketing Services. Its primary akta.pro industry code is THADAKAA, Full-Service Fleet Management (Outsourced Fleet Programs), with a secondary code of THADAKAC, Corporate & Employee Fleet Programs. Its NAICS code is 55 and its SIC code is 7510.