Salvato Auctions: 2025 Year-In-Review

As 2025 comes to a close, I wanted to take the opportunity on behalf of our Salvato Auctions team to reflect on the past year.

Twelve months ago, my co-founder Serhii and I had just secured some support from investors, including leading business owners in the salvage vehicle recovery industry. We had a partially-built product and no team around us, but we had a vision and support to build a smarter auction for insurance vehicles.

Since then, we have started to bring that vision to life. Over the past 12 months, we have:

• Built and launched our online auction for buyers
• Grown our base of insurance customers, with more signed on to launch in early 2026
• Expanded our footprint of tow companies we work with

Today, buyers from 15+ countries around the world representing 95%+ of industry demand are bidding on vehicles through Salvato Auctions. 

And today, insurance companies are paying policyholders 3+ weeks faster and getting vehicles titled 5+ weeks faster than the market-leading solution that’s built on “accelerating cycle times, lowering costs, and improving the policyholder experience”. 

So, we didn’t hit a $50B market cap or 35% net profit margin in 2025, but we started delivering things that are good for customers - and we believe that still matters.

Most importantly, Salvato’s model puts more money on the table for everyone around us: higher net return for insurance companies, lower auction fees for buyers, and more money paid to tow companies. In 2025 those numbers were all in the hundreds-of-thousands of dollars. In 2026 we expect that we can increase those numbers into the millions.

All of this would not be possible without the team that we have been lucky enough to build over the past year. We have a team with deep industry experience, who shares our belief in building something better for the industry. More than that, we have a team that is humble, kind, honest, and hard-working. We enjoy working with each other, and we enjoy working with our customers on all sides of the marketplace. We believe that still matters.

Looking ahead to 2026, we are excited about the opportunity to strengthen and grow all of these things together. Our work is already underway to achieve:

• More policyholders getting paid weeks faster than they otherwise would be
• More tow companies getting paid new money that doesn’t exist today 
• More buyers saving hundreds of dollars on every vehicle they purchase

We will have more to share in 2026 about our plans for growth, but for now, thank you to everyone who has been part of our journey so far. We appreciate the support, and hope to continue growing toward what we aspire to be.

Peter Jebson (Co-Founder), 

on behalf of the Salvato Auctions team