BidScript Raises $1 Mn in Pre-Seed Round

The funding round included follow-on investment from NPIF II – PXN Equity Finance, managed by PXN Ventures, along with new investment from SFC Capital.

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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."

BidScript was founded by Henry Brogan and Tyler McCarthy while they were still at university. They started the company to make the tendering process faster and easier for businesses.

Many companies still use manual methods, spreadsheets, and shared folders to manage bids, even though public and private sector contracts worth billions of pounds are awarded every year.

BidScript uses AI to help businesses find contract opportunities, automate the bidding process, and create better-quality proposals. The platform mainly serves the construction, engineering, IT, and education sectors.

The company already has customers in the UK, the US, and the Middle East. Some users have reported improving their bid success rates by up to 50% after using the platform.