Going Beyond the Bid
Auction.com, the nation’s largest real estate marketplace for distressed asset disposition, announced the addition of Ravi Singh as its Chief Product and Technology Officer. As Chief Product and Technology Officer, Singh will lead Auction.com’s technology organization and continue to expand its suite of industry-leading technology products.
In his role, Singh oversees the Auction.com’s combined Product, Technology and Engineering functions and reports directly to Jason Allnutt, CEO of Auction.com.
“Ravi’s proven leadership aligns perfectly with Auction.com’s focus on growth and innovation,” said Allnutt. “I look forward to supporting Ravi as he continues advancing Auction’s technological capabilities and evolving our next generation of disruptive technologies such as Auction Interact™. This suite of interactive products – including Portfolio Interact™ for sellers and Foreclosure Interact™ mobile app for buyers – will fully digitize the REO and courthouse experiences, enabling a seamless, transparent and real-time transaction.”
Most recently as Executive Director of Demco, Singh was leading the software division where he structured a merger of two companies and created a new platform that has become the foundation for its product infrastructure. Prior to that as SVP of Technology at Tillster, Singh was instrumental in building and executing the vision of a omni-channel e-commerce solution for clients like Burger King, Yum brands, Baskin Robbins among others in multiple countries. Also as Vice President, Engineering and Product Development at MediaShift, Singh drove product development and strategy. In 2005, Singh founded NaviVision and built a semantic search and product matching engine that analyzed products across multiple channels and aggregated like products for analytics and business intelligence. NaviVision had a successful exit in 2010.
“Auction.com’s technology – complemented by its world-class marketing, precise operational execution, and a relentless focus on clients and growth – is how it has grown to be the real estate disposition leader, said Singh. “My focus will be to partner with our internal teams and continue strengthening our technology infrastructure and delivering cutting-edge solutions for our clients and customers.”
About Auction.com
Auction.com is the nation’s largest online real estate transaction marketplace focused exclusively on the sale of bank-owned and foreclosure properties. The company brings a breadth of quality assets to the market, attracting prospective buyers through world-class marketing and leveraging a scalable technology platform to conduct transactions in a transparent, efficient manner.
Auction.com is a Thomas H. Lee Partners company and is headquartered in Irvine, CA with offices in Silicon Valley, CA and Plano, Texas. Investors include CapitalG (formerly Google Capital) and Stone Point Capital.