Winning contracts often depends on preparing accurate and competitive bids, but the process can be time-consuming for many businesses. UK-based startup BidScript is looking to simplify that challenge with artificial intelligence. The company has now secured $800,000 in pre-seed funding, providing fresh capital to enhance its platform and expand its reach in the UK and international markets.
The latest investment brings BidScript’s total pre-seed funding to more than $1 million. The funding 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). SFC Capital also joined the round as a new investor.
Funding to Support Growth
BidScript said it will use the new funding to strengthen its AI-powered tender management platform, recruit new talent, and support expansion into additional markets.
The company aims to continue developing tools that help organisations manage the tendering process more efficiently while serving a growing customer base.
The investment marks another step in BidScript’s early growth as it continues to build technology designed for businesses that regularly compete for public and private sector contracts.
AI Platform for Tender Management
BidScript was founded by Henry Brogan and Tyler McCarthy. The company has developed an AI-native platform that helps organisations manage the full tender lifecycle from a single system.
Its software enables users to identify relevant contract opportunities, assess whether they meet eligibility requirements, prepare tender responses, and manage submissions. By bringing these activities together on one platform, the company aims to reduce the manual work involved in the bidding process.
The platform is designed for organisations working in sectors such as construction, engineering, information technology, and education across both public and private procurement.
Company Highlights Early Customer Results
According to BidScript, organisations using its platform in the United Kingdom, the United States, and the Middle East have reported improvements in their tender management process.
The company also said that some early customers have increased their bid success rates by up to 50% after adopting the platform. This performance figure is based on results shared by the company.
Investors Back the Company’s Next Stage
The latest funding will allow BidScript to continue investing in product development while expanding its workforce and market presence.
With total pre-seed funding now exceeding $1 million, the company plans to build on its existing platform and support more organisations seeking to improve how they discover, prepare, and manage tender opportunities.
As BidScript enters its next stage of growth, the company will focus on enhancing its AI capabilities and making its tender management platform available to a wider range of businesses in the UK and overseas.
