PowerGate’s contribution started with understanding the concept of the desired solution and guiding our client on the technical details to create a marketplace platform connecting farmers looking to purchase farm equipment with auctioneers and dealers across the country who have the available inventory. The website makes it easy to browse, filter, find, and value heavy machinery based on each customer’s unique need by offering a big network for connecting farmers looking to purchase farm equipment with auctioneers and dealers that have the available inventory. Its empowered decisions function also helps farmers, farm Credits, banks, dealerships, and other organizations quickly and accurately value equipment based on real market data, in real-time.
The most important result of the cooperation was enabling the product to raise a total of $11.4M in funding over 5 rounds and quickly expand markets worldwide partnering with 664 Auctioneers and 1,363 Dealer Locations.
April 26, 2019