Asseta
Asseta is a YC Summer 2013 (S13) company. Based in Newport Beach, CA, USA; Remote. Team of 4.
About Asseta
Summary
Asseta runs an online marketplace for semiconductor fab spare parts and used capital equipment, connecting buyers at manufacturing facilities with fabs, refurbishers, and dealers worldwide. It replaces the traditional broker and middleman model that dominates the used industrial equipment market, handling every quote and order so buyers and suppliers never interact directly. Buyers submit a single request, receive competing quotes, and purchase through the platform, cutting the sourcing work that typically falls on procurement and maintenance teams.
Business model
A fee on each completed transaction brokered through the platform.
Go-to-market
Semiconductor fabs and equipment buyers access the marketplace directly through the Asseta platform; when a part is not found in existing listings, Asseta's own sourcing team reaches out to its supplier network on the buyer's behalf.
From the Y Combinator listing
Marketplace for industrial spare parts and capital equipment.
Asseta is an online marketplace for used capital equipment and parts. We utilize innovative software to bring buyers and sellers together so you can efficiently and transparently collaborate during equipment transactions. Our web based platform ensures easy price discovery for interested parties and high touch customer service. Today over $100B is spent on used manufacturing equipment offline via brokers and middlemen. This huge but un-sexy market has yet to be transformed by technology. The incumbent firms rely on large sales forces and the fragmentation of the market to charge huge margins. We believe in a better solution. Founded in 2013, Asseta is Y Combinator backed startup based in Newport Beach. For more information, visit www.asseta.com. Check out our AngelLilst profile here: https://angel.co/asseta?ref=startup_card
Facts
- B2B / B2B
- Newport Beach, CA, USA; Remote
- 4
- Active
- Early
Founders (1)
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