What ICBin does

ICBin is a privately-held B2B component exchange network operated by Broker Exchange Network, LLC, a Minnesota LLC founded in 2002 with the ICBin platform launching in April 2010. The company runs a closed, members-only marketplace where pre-qualified brokers, resellers, distributors, franchise distributors, and integrators buy and sell new, used, and refurbished integrated circuits and electronic components. Membership is gated by a verification process that includes live interviews with account representatives, business verification, ERAI database screening, reference checks, and bank/trade reference validation. The platform serves a global member base from a 10,800-square-foot data facility in Rochester, MN.

The core platform provides real-time inventory tracking, multi-part search with sortable columns, BOM (Bill of Materials) utility, NSN and alternative part number cross-referencing, watch-list company monitoring, a Safe Trading Center with escrow support, and a peer-to-peer feedback and ratings system. Member-facing infrastructure includes downloadable toolbars, currency/language converters, a shipping tracker, and customized displays. The product is sold through three annual or semi-annual subscription tiers — Standard (100 unique part listings), Platinum (unlimited listings), and Premier (adds Real Time Inventory module with RTI logo and 20% discount on select custom solutions) — with a 12-month minimum commitment, $30 fee on returned checks, and a $15 monthly late fee on past-due accounts. No public API or developer platform is offered.

The business model is subscription-based recurring revenue with a sales-led, community-driven, and event-supported go-to-market approach. ICBin supplements direct membership sales with a free trial program (Platinum-level access, no credit card required), annual roadshows, fraud advisory panels, and a partner benefits program (FedEx Advantage shipping discounts, CompTIA certifications, Heartland Payment Systems processing savings, CFM lead generation). The parent corporation also operates sister exchanges BrokerBin.com (IT/hardware) and EnergyBin.com (renewable energy), but ICBin itself has not disclosed any funding, M&A, leadership changes, or product launches within the source data.

Name

ICBin

Legal name

Broker Exchange Network, LLC

Website

https://icbin.com

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

11–50 employees

Short description

ICBin is a private B2B component exchange network where pre-qualified brokers, resellers, and distributors trade new, used, and refurbished integrated circuits through a closed, members-only subscription marketplace with verification, real-time inventory, and escrow-supported safe trading.

Ownership category

akta.pro rank

Product category

B2B Electronic Components Marketplace

NAICS

Hardware Merchant Wholesalers (423710)

SIC

Wholesale-Electronic Parts & Equipment, Nec (5065), Wholesale-Hardware (5072)

akta.pro primary industry

B2B Marketplaces & Wholesale Platforms (BPAMAGAD)

Keywords

• B2B component exchange
• Integrated circuits marketplace
• Electronic parts trading
• Verified reseller network
• IC broker network

Headquarters

HQ city

Rochester

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Digital Commerce or Content

Cost components

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

Revenue model

1. Membership Subscriptions: ICBin generates revenue through tiered annual and semi-annual membership subscriptions. Billing occurs on the 1st, 8th, 15th, or 22nd of the month depending on the service plan selected. The company accepts credit cards (Visa, MasterCard, American Express, Discover), company checks, wire transfers, and ACH payments. A $30 service fee applies for returned checks. The minimum subscription commitment is 12 months.

Pricing tiers

Go-to-market motion3 records

Distribution channels1 record

Marketing channels4 records

Core offering

ICBin operates a closed, members-only B2B component exchange network where pre-qualified brokers, resellers, and distributors buy and sell new, used, and refurbished integrated circuits and electronic components. The platform combines strict member verification, real-time inventory tracking, a Safe Trading Center with escrow support, and multi-part search/BOM sourcing tools. Revenue is generated through tiered annual and semi-annual membership subscriptions (Standard, Platinum, Premier) with a 12-month minimum commitment.

Product overview

ICBin.com is a B2B integrated circuits exchange platform operated by Broker Exchange Network, LLC (founded 2002). The offering is a multi-tier membership platform: the core ICBin.com Platform serves as a closed, members-only marketplace for buying and selling integrated circuits, supported by sister brands BrokerBin.com (hardware) and EnergyBin.com (renewable energy). Membership tiers include Free Trial, Standard (100 listings), Platinum (unlimited listings), and Premier with Real Time Inventory. Add-on features include Buying Features, Selling Features, Membership Features (toolbars, converters, verification, profiles, tracking), and Safe Trading Center. Additional services include Web Site Hosting and partner programs (FedEx discounts, Heartland Payment Systems).

Differentiator

Problem solved

Functional benefit

Products and services

• ICBin.com Platform A B2B component exchange network exclusively for brokers, resellers and distributors, providing a members-only marketplace for buying and selling new, used and refurbished integrated circuits with sourcing and searching tools.
• Standard Membership
• Platinum Membership
• Premier Membership with Real Time Inventory
• Free Trial
• Web Site Hosting Services

Segments2 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Six partnerships are on record, tiered minor and core.

• FedExminorGTM or Marketing PartnerFedEx Advantage program offering ICBin members exclusive shipping discounts including 45% off FedEx Express domestic and international shipping, 25% off FedEx Ground shipping, and up to 20% off FedEx Office printing services. No shipping quotas or commitments required.
• BrokerBincoreOthersSister B2B marketplace under the Broker Exchange Network parent company, serving as an IT, telecom, imaging, and POS marketplace. Open to resellers, brokers, service centers, integrators, and wholesalers. Both platforms share the same parent corporation and are presented as complementary networks.
• Heartland Payment SystemsminorGTM or Marketing PartnerHeartland Payment Systems provides credit card processing for ICBin and offers processing fee savings to ICBin members. ICBin reports 95% of members can reduce card processing fees through the program.
• E-Scrap NewsminorGTM or Marketing PartnerE-Scrap News is a sister publication to Resource Recycling magazine covering end-of-life electronics management, IT asset disposition, and electronics reuse. Provides industry news and information relevant to ICBin's component recycling audience.
• CFMminorGTM or Marketing PartnerCFM is a lead generation specialist offering marketing tools and data services. ICBin members receive a 20% discount as an ICBin referral. CFM works with hundreds of sources for data accuracy.
• CompTIAminorGTM or Marketing PartnerCompTIA offers exclusive membership for ICBin members providing discounted vendor-neutral certifications, research, events, and retail/business services. The opportunity extends to members' entire organizations under a single CompTIA membership.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Octopart: Electronic component search and comparison platform that aggregates authorized-distributor inventory for millions of parts — competes for the same electronic-component buyer audience ICBin serves, with a more open (vs. closed-network) model.
• Sourcengine: B2B marketplace connecting buyers to authorized and independent electronic component suppliers with verification services — directly comparable to ICBin's verified-exchange model in the electronic component vertical.
• EnergyBin: Third sister exchange under Broker Exchange Network for renewable energy components — same business model, shared verification infrastructure, and parent company as ICBin.
• Findchips: Electronic component search engine aggregating pricing and availability across authorized distributors globally — competes with ICBin's sourcing/search use case for the same broker/reseller buyers.
• BrokerBin: Sister B2B exchange under the same Broker Exchange Network parent, operating as a closed members-only marketplace for IT, telecom, imaging, and POS hardware — directly comparable network-effect business model.

Broad incumbents

• Arrow Electronics: Global broad-line distributor of electronic components and enterprise computing solutions — competes for component-sourcing demand across the authorized/broker boundary that defines ICBin's market.
• Mouser Electronics: Major authorized distributor of electronic components serving the same broker/reseller/buyer audience ICBin targets — broad incumbent offering catalog-scale inventory ICBin's verified-exchange model complements or competes with.
• Digi-Key Electronics: One of the largest authorized electronic component distributors globally — represents the broad-incumbent channel that competes with grey-market exchanges like ICBin during normalized supply conditions.

Emerging players

• NetSource Technology: Independent electronic component distributor offering sourcing and obsolescence-management for hard-to-find parts — emerging player with partial overlap to ICBin's hard-to-source IC use case for resellers.

Others

• ERAIdata (ECIA): Electronic Resellers Association International — the counterfeit/grey-market tracking database ICBin itself uses for member verification — adjacent infrastructure provider in the same trust ecosystem ICBin operates in.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/ICBin

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries3 records

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 ICBin