Acme Revival Inc
 | |
| Private | |
| Industry | Medical Devices & Industrial Equipment (ecommerce) |
| Founded | 2020 |
| Headquarters | Memphis, Tennessee |
Number of locations | 1 |
Number of employees | 11 - 50 |
| Website | acmerevival |
Acme Revival, Inc. is a private internet firm established in 2020, headquartered in Memphis, Tennessee.[1] The company is known for refurbishing, distributing, and selling medical devices for clinical and physician usage. Acme Revival operates on AI and machine learning price algorithms that leverage supply and demand ratios to produce prices of devices on their website. As of 2021, the company's annual revenue is $18.9 million.[2]
Acme Revival rose to popularity during the global COVID-19 pandemic when it sourced crucial products like ventilators and other equipment to help medical workers and patients alike in such trying times.[3]
History and operations
Acme Revival was founded in 2020 as an eCommerce platform for selling, distributing, and refurbishing medical devices. Within a year, it has expanded its operations in over 60 countries by facilitating a unique supply and demand space that networks supply sources to licensed physicians and medical clinics.[4]
Operating as a remote-first company, Acme Revival’s products can be bought directly from its main website. It forecasts future sales using clever algorithms and powerful simulations based on supply and demand equations.[5] It uses a "Dynamic Cost Algorithm," which modifies product pricing based on a variety of factors, including buyer-to-seller demand, current supply, and recent sales history. When demand rises, Acme Revival uses variable prices to entice more supply from their network in order to meet current orders for the gadget in question.[6]
Products
Acme Revival’s ecommerce platform has a vast inventory of:
- Medical Devices
- Industrial Equipment
- Business Machinery
- Business Devices
Funding
Acme Revival raised 9.8 million in a seed funding round.
References
- ↑ "Acme Revival, Inc. - Crunchbase Company Profile & Funding". Crunchbase. Retrieved 22 December 2021.
- ↑ "Acme Markets | Better Business Bureau® Profile". www.bbb.org. Retrieved 22 December 2021.
- ↑ "Acme Revival - Overview, News & Competitors | ZoomInfo.com". ZoomInfo. Retrieved 22 December 2021.
- ↑ "Acme Revival, Inc. - Overview, Competitors, and Employees". Apollo.io. Retrieved 22 December 2021.
- ↑ "Device Start-Up, Acme Revival, Propagates Coral With Recycled Medical Devices | Medgadget". medgadget.com. Retrieved 22 December 2021.
- ↑ "Acme Revival Has Raised Nearly $10M Since COVID-19 | Medgadget". medgadget.com. Retrieved 22 December 2021.