Agorastore is a technology company.
Agorastore has raised $660K across 1 funding round.
Agorastore has raised $660K in total across 1 funding round.
Agorastore has raised $660K in total across 1 funding round.
Agorastore is a French technology company operating a B2B platform for digital auctions, specializing in the sale of used equipment, vehicles, professional materials, furniture, and real estate assets from public institutions, corporates, and organizations.[1][2][3] It provides end-to-end solutions, including asset pricing, audience targeting, online auction management, and post-auction services, serving over 120 clients with €22.5 million in reported investment and generating around $5.7–5.8 million in annual revenue as of 2025.[1][2][3] The platform addresses the challenge of efficiently liquidating surplus or used assets through competitive online bidding, targeting buyers seeking cost-effective second-hand goods, with a team of approximately 80–94 employees based in Montreuil, France.[1][2][3][5]
Agorastore was founded around 2005 (with some sources noting 2010), emerging as a specialized online auction site for second-hand goods and real estate from public entities, businesses, and organizations.[1][2] Key leadership includes CEO Olivier de La Chaise, who oversees operations from its Montreuil headquarters.[2] The company gained pivotal momentum through private equity involvement: earlier backed by founders and Leitmotiv Private Equity, it was sold in a significant transaction to 21 Invest, Bpifrance (France's public investment bank), and management, advised by Lincoln International, marking a growth phase with €22.5 million in funding as of 2022.[1][4] This evolution from a niche auction platform to a comprehensive B2B solution highlights early traction in public sector asset disposal.
Agorastore rides the wave of digital transformation in asset liquidation and circular economy trends, where public institutions and corporates increasingly adopt online platforms to optimize surplus sales amid sustainability pressures and budget constraints.[1][3] Timing aligns with post-pandemic e-commerce acceleration in B2B services, especially in Europe, where regulations favor transparent public asset disposals; France's public sector focus amplifies this via Bpifrance's involvement.[4] Market forces like rising demand for affordable used equipment (e.g., amid supply chain issues) and competitors in industrial auctions position it favorably, while its influence fosters efficient resource reuse, reducing waste in the € multi-billion second-hand market.[2]
With solid backing from 21 Invest and Bpifrance, Agorastore is poised for expansion into new European markets or enhanced AI-driven pricing tools, capitalizing on e-auction growth projected amid economic efficiency demands.[1][4] Trends like ESG-driven circular economy initiatives and AI-optimized bidding will shape its trajectory, potentially boosting revenue beyond $5.8 million through larger public contracts. Its influence may evolve by setting standards for institutional digital sales, reinforcing its role as a key enabler in sustainable B2B commerce—much like its core mission of turning surplus into value since 2005.[1][2]
Agorastore has raised $660K across 1 funding round. Most recently, it raised $660K Seed in December 2012.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Dec 1, 2012 | $660K Seed |