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What is NovaFori?

NovaFori We are an innovative technology company located in London and Malaga, bringing over ten years of expertise in business analysis, market design, development, and data science to the table. Our advanced technology serves B2B clients across Europe, North America, and Asia, and since our establishment, we have successfully facilitated the processing of over $11 billion in gross merchandise volume through our platforms. The Platform Our auction and trading platform, driven by data science, is utilized across various sectors including procurement, financial services, and logistics. This technology solution is designed to be modular, flexible, and scalable, catering specifically to the needs of B2C users while accommodating the complexities of B2B product attributes. Data Science We employ machine learning algorithms to analyze data, forecast upcoming trends, enhance market performance, and make the most of valuable data insights, ensuring our clients stay ahead in their respective industries. In addition, our commitment to continuous innovation allows us to adapt and evolve our solutions in response to the ever-changing market landscape.

What is Auction Stand?

Auction Stand serves as a specialized online auction platform crafted for independent auctioneers who wish to conduct auctions through their own unique storefronts. With this software, auctioneers can seamlessly establish and manage timed online auctions, exhibit individual items, handle bidder registrations and bids, configure buyer premiums, facilitate card payments or manage offline transactions, and keep track of both buyers and auction activities using a centralized dashboard. Each auction operation enjoys its own unique storefront, eliminating the necessity to send bidders to a shared marketplace. Tailored specifically for independent auction businesses, Auction Stand enhances control over branding, buyer engagement, and the overall online auction process, enabling auctioneers to better cater to their customers. Furthermore, this platform streamlines the organization of auction events, allowing auctioneers to concentrate on providing outstanding service and optimizing their auction outcomes. In this way, Auction Stand not only empowers auctioneers but also enriches the overall bidding experience for participants.

Media

Media

No images available

Integrations Supported

Integrations Supported

Stripe

API Availability

API Availability

Pricing Information

Our pricing model consists of a one-time diagnostic engagement to understand your requirements and design your marketplace, and a marketplace configuration fee for the construction and deployment.

Once we’ve delivered your marketplace, you will pay an annual license fee (that includes maintenance, hosting and support) that scales with your market. During our first engagement, we will work with you to understand your business goals and how your new marketplace delivers value against these.

You will then receive a high-level proposal indicating an accurate price range you can expect for the build. However, only after our diagnostic workshop, can we provide precise estimates and delivery times.

Pricing Information

CA$7/month
Starter is CA$7/month plus 2.5% per sale; Business is CA$70/month plus 1%; Pro is CA$199/month plus 0.5%. Enterprise pricing is custom, with 0% per sale. Listed plans are founding prices for the first 10 customers. The commission is calculated on the winning bid plus the buyer’s premium, less discounts; shipping, taxes, and card-processing surcharges are excluded. Prices are in CAD. Plans can be changed or cancelled anytime.
Free Trial Offered?

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac

Supported Platforms

SaaS

Customer Service / Support

Standard Support
24 Hour Support

Customer Service / Support

Not specified

Training Options

Documentation Hub
Webinars
Online Training

Training Options

Not specified

Company Facts

Organization Name

NovaFori

Date Founded

2011

Company Location

United Kingdom

Company Website

www.novafori.com

Company Facts

Organization Name

Luxabyte Inc.

Date Founded

2026

Company Location

Canada

Company Website

auctionstand.com

Categories and Features

Auction

Absentee Bidding
Alerts/Notifications
Bid Management
Billing & Invoicing
Buy Now Option
Online Auction
Online Bidding
Silent Auction
Watch List

Machine Learning

Deep Learning
ML Algorithm Library
Model Training
Predictive Modeling
Statistical / Mathematical Tools
Visualization

Categories and Features

Auction

Not specified

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