BidScript, an
AI-native tender management platform that helps businesses find, manage and
submit bids for public and private sector contracts, has raised $800,000 in its
latest funding round, taking its total pre-seed funding to more than $1
million. The round includes follow-on investment from NPIF II – PXN Equity
Finance, managed by PXN Ventures as part of the Northern Powerhouse Investment
Fund II (NPIF II), alongside new investment from SFC Capital.
Founded by
childhood friends Henry Brogan and Tyler McCarthy while they were still at
university, BidScript was created to address the inefficiencies of traditional
tendering. Despite hundreds of billions of pounds worth of public and private
sector contracts being awarded each year, many businesses continue to rely on
manual processes, spreadsheets and shared drives to manage bids.
The platform uses
AI to streamline the end-to-end tender process, helping organisations identify
opportunities, automate bid workflows and improve the quality and efficiency of
submissions. With an initial focus on the construction and engineering, IT, and
education sectors, BidScript supports businesses operating in some of the
world’s most demanding tendering environments.
Early customers
across the UK, the US and the Middle East have reported improvements in bid win
rates of up to 50 per cent after adopting the platform.
Commenting on the
company’s approach and growth, Henry Brogan, Co-Founder and CEO of BidScript,
said:
General-purpose
AI does not meet the standards required for high-stakes public and private
sector tendering — it’s a niche that demands deep expertise. BidScript embodies
that exact principle, and this latest funding round will allow us to take the
next step on our journey as we expand into new markets and geographies.
The funding will
support BidScript’s next stage of growth, enabling the company to expand its
team, accelerate product development and grow its presence in the UK and
international markets.
