Industrial assets deserve a second life — with receipts.
We’re building the infrastructure for the European circular industrial economy: trustworthy resale of heavy equipment, machinery, and marine assets — verified end to end.
A used wheel loader shouldn’t require six phone calls, a broker in Antwerp, and three weeks of paperwork to buy.
Rotterdam, NL · incorporated as Rekyndo B.V.
Across 24 European countries, 1,208 at Tier 3.
Trailing twelve months ending Q1 2026.
Vs. comparable new-build baseline, LTM.
We kept watching good machines become scrap.
Industrial equipment in Europe has a well-documented second-life problem: a machine worth €140,000 on one company’s balance sheet becomes €18,000 of scrap metal ninety days later because the resale path is too inefficient to bother with.
Our founders spent a combined fifteen years inside fleet operators, shipping lines, and leasing desks. The pattern was always the same — high-value assets sitting idle, discounted to nothing, sold privately to a broker who knew a buyer, because the alternative was six phone calls and a three-week paperwork chase.
Rekyndo is the opposite flow: verified sellers, condition reports attached, Stripe-powered checkout, service tenders built in, and an audit-ready trail the finance and ESG teams can actually use.
We don’t want to be the biggest marketplace. We want to be the most trustworthy one — so finance directors and procurement leads can transact at industrial scale without leaving their desks.
Three principles guide every build decision.
Verification over marketing.
Every seller goes through real KYC. Every listing has traceable condition evidence. We will never promote a seller we haven’t verified.
The ledger is the product.
Every trade writes structured data: financial, logistical, environmental. That ledger is as valuable as the marketplace itself — and it belongs to both sides of the trade.
Boring is a feature.
Industrial B2B is not consumer e-commerce. No dark patterns, no growth hacks, no upsell confetti. Predictable, boring, legible UI wins multi-million-euro trust.
How we got here.
Founded in Rotterdam.
Saskia Lund and Jan Vermeer incorporate Rekyndo B.V. out of a shared frustration with industrial resale. First ten design partners signed in six weeks.
Seed round · €4.8M.
Led by Northzone, with participation from SpeedInvest, Plural Platform, and a group of industrial operator angels including two former Volvo Group executives.
Public launch · Benelux.
Opened listings in the Netherlands, Belgium, and Germany. First €1M transaction closed in the eighth week — a Liebherr LTM crane between a Dutch rental operator and a German construction firm.
Services & auctions launched.
Added service tenders (transport, inspection, installation) and live auctions with proxy bidding and anti-snipe. 1,000th verified seller onboarded in December.
ESG ledger + expansion.
Launched CSRD-ready ESG ledger for buyers. Extended to 24 European countries. Passed €400M in cumulative GMV. Currently hiring across engineering, trust & safety, and marine markets.