Technology at Your Fingertips
Optimal Auctions was founded to bring the latest research on auction design from the social sciences to non-profit fundraising. Our goal is to help non-profits raise more money using new auction technology to advance the important missions of the non-profits who use our products.
Optimal Auctions is the only tool that lets you run a bucket auction.
It’s simple: bidders pay a small amount to enter the bidding for a prize.
When the auction starts, bidders place bids into a (virtual) bucket, one at a time.
They exit whenever they want by simply passing instead of bidding on their turn.
The bidding ends when only one person remains, and that person is the winner!
Optimal Auctions uses a bucket auction, which has been shown to raise more money than the kind of techniques used by non-profits, such as silent auctions.
Maximize Your Auction Revenue
Optimal Auction provides auctioning software to non-profit organizations. We use the latest scientific research to bring auction technology that maximizes revenue for your organization.
Shouldn’t your auction raise as much as possible to support your organization’s important mission?
Scientific research has shown that how much money an auction raises depends on how you run your auction. Non-profit organizations tend to choose how they run their auction in a simple way: they do whatever they did last year. You deserve better.
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Support available by text and email with real-time response during your auctions.
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