Boost Your Tender Win Rates by up to 50% with BidScript: Secures €701k Pre-Seed Funding

Manchester-based BidScript, an AI-native platform dedicated to tender management, has successfully raised €701k ($800k) in funding, bringing their total pre-Seed funding to over €876k ($1 million).

The recent funding round saw continued support from NPIF II – PXN Equity Finance, managed by PXN Ventures as part of the Northern Powerhouse Investment Fund II (NPIF II), as well as new investment from SFC Capital.

Henry Brogan, BidScript’s co-founder and CEO, expressed his delight in securing backing from PXN and welcoming new investment from SFC Capital. He emphasized the importance of specialized expertise in high-stakes tendering, which BidScript embodies. The funding will enable BidScript to expand into new markets and regions.

BidScript’s pre-Seed funding aligns with the ongoing investment activity in European procurement, RFP automation, vendor intelligence, and public-sector workflow software in 2026. Comparable companies in Europe have secured approximately €49.4 million in funding rounds, indicating a growing interest in this sector.

In the UK, BidScript’s focus on tender management is complemented by similar investments in public-sector software, such as Fivium and Stotles. This demonstrates a shared commitment to improving the bidding process for public and private contracts.

Founded in 2023 by childhood friends Henry Brogan and Tyler McCarthy, BidScript was created to address the inefficiencies in tendering processes. By leveraging AI technology, BidScript helps businesses in construction, engineering, IT, and education sectors improve their win rates significantly.

The latest pre-Seed funding will enable BidScript to expand its team, enhance its product suite, and enter new domestic and international markets. Investors like SFC Capital recognize the potential of BidScript’s sector focus and commercial discipline in transforming the contract management landscape.

Overall, BidScript’s innovative approach to tender management and their early success in improving win rates for customers highlight the importance of streamlining bidding processes in the public and private sectors. With the latest funding, BidScript is poised to make further strides in revolutionizing the contract management industry.