DigitalBid sources repossessed cars, trucks, boats, RVs, trailers, and select equipment from banks, leasing companies, and lien holder channels, then lists it as dealer inventory through fixed-price offers and dealer-run auctions.
The repossessed vehicle and recreational asset market is fragmented and difficult to navigate. Good units move quickly through banks, leasing companies, and lien holders, but documentation and condition details are often hard to compare.
We built DigitalBid to act as the dealer in the middle of that process: source the unit, review the file, document the condition, run the auction, invoice the winner, and support delivery review.
No matter how large the deal or how complex the asset, every repossessed lot follows the same dealer standards.
Condition notes, bid histories, and source-file review on every listing before a single dollar moves.
Clear invoices, title handling, account verification, and a dedicated team monitoring each sale from auction close through delivery review.
From source file to delivery handoff, DigitalBid helps coordinate documents, payment instructions, transport, and title transfer across state lines.
Volume is easy to inflate. Reliability, coverage, and uptime are not. These are the numbers we measure ourselves against — every quarter, in every state.
A small, focused, specialist team. No outsourced call centers, no offshore inspectors. Every name on the phone is on payroll, in the US, with skin in the game.
Former dealers, mechanics, inspectors, and asset specialists with hands-on auto, marine, RV, and equipment experience.
Certified inspectors and internal reviewers supporting condition documentation before lots go live.
Transport partners covering road, rail, marina handoff, enclosed carrier, and flatbed moves across all 50 states.
Real-time monitoring, fraud prevention, and delivery review support - every deal, every state.
A short history of how we built DigitalBid - from a five-person team in 2021 to dealer-run repossessed auctions in every US state today.
Three engineers and two industry veterans start DigitalBid with a $2.4M seed round, focused on bringing structured transparency to repossessed asset auctions.
48 repossessed lots, 312 registered bidders, every lot accompanied by condition documentation. The product worked the way we promised.
Coast-to-coast expansion, dealer invoice workflows, delivery review terms, and the first nationwide logistics partnerships across road and rail.
An $18M Series B round funds the build-out of in-house inspector tooling, real-time bid infrastructure, and the trust & safety team.
Native iOS and Android apps launch with auto-bid, anti-snipe extensions, and push alerts. Within six months, 40%+ of bids are placed from mobile.
Active in every US state. Commercial fleet packages and farm assets expand in Q3 2026, followed by larger marine yard inventory in Q4. Aviation and Real Estate are scheduled for 2027.
Whether you are buying your first repossessed truck, boat, RV, or equipment lot, or trying to understand delivery steps, we are happy to get on the phone.