Beacon Bid logo — Free E-Procurement for Public Sector Agencies. Free for Supp...

Beacon Bid

Free E-Procurement for Public Sector Agencies. Free for Suppliers.

Founded 2021 United States Austin, United States 10 employees Seed Internet

General Information

Company Name Beacon Bid
Founded Year 2021
Location United States Austin, United States +1
Employees 10
Industries Internet
Funding Stage Seed
Social

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About Beacon Bid

Beacon Bid is a United States-based startup that provides a comprehensive e-procurement platform tailored for the public sector. Founded in 2021, the company's slogan "Free E-Procurement for Public Sector Agencies. Free for Suppliers." captures its mission to offer accessible and efficient procurement solutions. The core offering includes a Solicitation Management Platform that enables public sector agencies to share solicitations efficiently, providing real-time updates and historical data. It also features a Bidder Management Module that facilitates communication with potential suppliers. Additionally, the platform includes dedicated portals for both agencies and suppliers, offering user-friendly interfaces and self-service utilities.

Furthermore, Beacon Bid offers premium modules such as an RFP Archive and an E-Bid Module that enhance the e-procurement service's capabilities. Notably, the company secured its Seed Round investment from the Serpico group on 05 December 2021, indicating a promising trajectory and investor confidence in the startup's innovative approach to public sector procurement. With its focus on streamlining procurement processes and providing valuable resources, Beacon Bid presents a compelling opportunity for investment and addresses critical needs within the public sector procurement landscape.

Taxonomy: E-procurement, Public sector, Solicitation management, Bidder management, Supplier portal, RFP archive, E-bid module, Government procurement, Supplier registration, Agency portal, Purchasing website integration

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round •••••• 1
Investor
05 Dec 2021

FAQ About Beacon Bid

Free E-Procurement for Public Sector Agencies. Free for Suppliers.
Beacon Bid was founded in 2021.
Beacon Bid is headquartered in Austin, United States.
Beacon Bid operates in the following industries: Internet.
Beacon Bid has approximately 10 employees.
Beacon Bid has completed 1 funding round. The latest funding stage is Seed.

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