AuctionShack
Europe, Middle East, and Africa (EMEA)
AuctionShack is a Swiss-based mobile marketplace reinventing recommerce through AI and blockchain.
Founded by
Julius Ilg
Investors:
Julius Ilg
Description:
AuctionShack is a Swiss-based mobile marketplace focused on reimagining recommerce through artificial intelligence and blockchain technology. Founded in 2024 and headquartered in Zug, the platform enables users to create auction listings for goods in under 10 seconds using AI-powered tools.
Prioritizing quality over quantity, AuctionShack excludes mass-produced items from professional sellers, instead promoting authentic, local peer-to-peer trade. Its interactive, map-based discovery experience supports the platform’s broader goal of building a decentralized commerce infrastructur - starting in Switzerland and expanding into Germany, Austria, and beyond.
To support its Web3 ambitions, AuctionShack has established a legally compliant association in Switzerland, facilitating token issuance and community governance.
AuctionShack surpassed 25,000 installs within its initial months and continues to grow its user base, auction volume, and feature set.
Key Metrics:
Total Raised
591564
Team Size
1-10
Location
Zug
Switzerland
Last Funding
May 12, 2025