Built by Industry Professionals, for Industry Professionals

HeavyBid was founded in 2021 with one mission: to bring transparency, security, and efficiency to the global heavy equipment auction market. What started as a small team of three engineers and two industry veterans has grown into a platform trusted by over 18,000 buyers and sellers in 80+ countries.

Get in Touch How It Works
$2.8B+ Total Equipment Value Sold
18,600+ Registered Users
80+ Countries Served
99.4% Transaction Success Rate

Connecting Buyers and Sellers Across Every Border

The global heavy equipment market was historically fragmented, opaque, and difficult to navigate for anyone outside of a tight network of insiders. We built HeavyBid to change that.

Every decision we make is guided by three core principles:

Radical Transparency

Full condition reports, complete bid histories, and verified seller credentials on every single listing.

Bulletproof Security

Escrow-protected payments, two-factor authentication, and a dedicated fraud prevention team.

Global Accessibility

From a buyer in Singapore to a seller in Texas — HeavyBid works across time zones, currencies, and languages.

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Meet the Team

Our leadership team brings together decades of combined experience in heavy equipment, technology, and finance.

👨‍💼
James T. Morgan
CEO & Co-Founder
Former VP at a global equipment dealer with 20+ years in heavy machinery markets.
👩‍💻
Sarah K. Ellis
CTO & Co-Founder
Built auction platforms for two Fortune 500 companies. Expert in real-time bidding systems.
👨‍⚖️
David A. Reeves
Chief Operations Officer
Logistics specialist. Previously ran a global equipment inspection firm across 40 countries.
👩‍🔬
Laura V. Chen
Head of Trust & Safety
Led fraud prevention teams at two major fintech companies. Joined HeavyBid in 2022.

HeavyBid Milestones

Q1 2021
HeavyBid Founded
Three engineers and two industry veterans start HeavyBid with a $2.4M seed round focused on bringing transparency to heavy equipment auctions.
Q3 2021
First Auction Goes Live
Our first live auction featured 48 lots of construction equipment. 312 registered bidders participated. Total value: $4.8M.
Q2 2022
Reached 5,000 Registered Users
Expanded operations to Europe and Canada. Launched our international escrow payment system and logistics network.
Q4 2023
$500M in Total Equipment Sold
Crossed a major milestone. Series B funding of $18M raised to accelerate platform development and expand into Asia Pacific.
Q2 2024
Launched Mobile Bidding App
iOS and Android apps launched. Over 40% of bids are now placed from mobile devices.
2026
$2.8B+ Sold — Expanding Categories
18,600+ registered users across 80 countries. Preparing to launch Cars & Trucks and Farm Equipment categories in Q3 2026.