SalvageSale

Technology, Information and InternetCalifornia, United States11-50 Employees

SalvageSale operates a technology-enabled platform that supports insurance carriers in managing salvaged property and optimizing recoveries. It combines a salvage-disposition program, adjuster support services, and access to a global online auction marketplace. The service is used by more than half of the top 25 insurers and has processed over 3 million bids, recovering more than $2 billion in claims. As part of Ritchie Bros., SalvageSale benefits from a worldwide network of buyers.

Based in Pleasanton, California, SalvageSale operates in the technology, information and internet space, focusing on salvage and online marketplaces. It serves insurers handling inland marine, ocean marine, commercial property, energy and catastrophe claims, with the aim of improving recoveries and reducing loss ratios, while offering buyers access to a broad product range with an escrow-secured purchase process.

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