Mark Anderson
With the rapidly increasing digital economy, the Auctions industry has had a significant growth spurt, particularly within the UK startup scene. The inception of online platforms has allowed the traditional exchange model to be favorable amongst a broad spectrum of industries ranging from real estate, sports, and law to name a few. This article puts a spotlight on the burgeoning and innovative startups within the UK Auctions industry that were established in 2020 or later. These startups are injecting avant-garde methodologies into the age-old Auction industry, accentuating technology and streamlined practices for a more transparent, efficient, and global operation.
The advent of these startups significantly contributes to the digital transformation across numerous sectors, transgressing geographical limitations and enabling both businesses and consumers to participate in auctions from anywhere in the world. It’s no small feat given the vast competition in larger sectors such as E-commerce and IT. However, these UK startups have crafted niche strategise to adapt to the digital world and are disrupting the traditional auctions industry effortlessly.
This revolution has set them apart from their contemporaries, and they’re perfectly poised to lead the pack in the coming years. Here are some of the few startups that have been particularly impressive, breaking new ground and reinventing the Auctions industry, one bid at a time.
Flat Bid
Headquartered in London, England, Flat Bid is a dynamic startup in the Auctions, E-Commerce, Information Technology, Marketing, Online Auctions, and Real Estate industry. Founded by B.M. Anderson, FlatBid is an online property auction platform designed to serve a variety of real estate customers – from major financial institutions and institutional investors to individual consumers and real estate professionals. The company’s mission is to provide the most trustworthy online real estate marketplace, making transactions seamless and transparent. Get connected with @flatbid on twitter, Facebook, and LinkedIn.
Watch Collecting
London-based Watch Collecting is another fascinating startup that operates within the Online Auctions, Online Portals, and Sales industry. While the founders remain anonymous, the company has made a significant impact on the industry. The platform has quickly gained traction and recognition within the market, attracting enthusiasts and collectors alike. Stay updated with Watch Collecting on Twitter, Facebook, and LinkedIn.
ThoroughBid
Founded in 2020 in Cirencester, Gloucestershire, ThoroughBid is an online auction house for the racing industry. The platform bridges the gap between the sport and Auctions industry, facilitating the trading of all categories of bloodstock for purchasers and vendors. Connect with ThoroughBid on Twitter and LinkedIn.
Creative Legals
Operated in Rushden, Northamptonshire, Creative Legals is a law firm specializing in property investment. The firm handles all things property, from the preparation of auction packs to high-level residential investments, making them a desirable choice for property investors. You can follow Creative Legals for more updates on their Twitter, Facebook, and LinkedIn page.
Auction Property
London-based Auction Property is an online real estate auction platform. The company offers a swift and transparent sales process, ensuring all required documentation is provided, marketing the property, preparation of the legal pack, and finalizing the sale. You can follow Auction Property on Twitter, Facebook, and LinkedIn.
The Musuem Gallery
Founded by Alexander Weston Smith, The Museum Gallery located in London, England is an online platform that operates within the Marketplace and Online Auctions industry. Although the nature of their operation is currently unknown, the company promises to bring a breath of fresh air within the industry.
