BidOut

Houston, United States Founded: 2021 • Age: 5 yrs Acquired By Enverus
Online oil and gas procurement platform
Annual revenue - Latest available
Total funding - 1 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About BidOut

BidOut is a company based in Houston (United States) founded in 2021 by Tyler Cherry and Rodney Giles was acquired by Enverus in August 2024. BidOut offers products and services including Enverus RFx, Commodity Data Solutions, and Data Catalog. BidOut operates in a competitive market with competitors including AspenTech, CSE Global, Aker Solutions, SitePro and ComboCurve, among others.

  • Headquarter Houston, United States
  • Founders Tyler Cherry, Rodney Giles
  • Sectors
    Energy & Utilities
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Energy & Utilities → Oil & Gas Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
    Enverus

    & 1 more

  • Employee Count
    Not available
  • Acquired by
    Enverus

    (Aug 06, 2024)

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Products & Services of BidOut

BidOut offers a comprehensive portfolio of products and services, including Enverus RFx, Commodity Data Solutions, and Data Catalog.

Product name locked
Category locked
Primary

Platform for oilfield bidding and supplier management

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Tools for trading decisions and market data access

Product name locked
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Centralized source for energy and commodity datasets

People of BidOut

Headcount 10-50
Employee Profiles 2
Employee Profiles
People
Brian R. Smith
Corporate Advisor

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Teams

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Funding Insights of BidOut

Investors in BidOut

BidOut has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Enverus and Ascent Energy Ventures.

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Venture Fund
Investor Description Founded Year Domain Location
Investments in digital transformation of the energy industry are facilitated by Ascent Energy Ventures.
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Business intelligence software is delivered for energy and industrial sectors.
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Investor details for BidOut

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by BidOut

Investments
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Investment portfolio details for BidOut

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Financial Statements - BidOut

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Detailed financials for BidOut

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  • Profit trends
  • Statement rows
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Bidout Comparisons

BidOut Primary company
Description
Online oil and gas procurement platform
Location
Houston, United States
Founded Year
2021
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for BidOut

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of BidOut

BidOut operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as AspenTech, CSE Global, Aker Solutions, SitePro and ComboCurve, among others.

Company Name Domain Founded year HQ Location Description
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AI-based software for manufacturing process optimization is offered.
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System integration and automation solutions are provided for industrial applications.
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Diversified solutions for oil and gas operations are provided worldwide.
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Provider of cloud-based software solutions for water and wastewater management
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Cloud-based solutions for oil and gas operations are provided.
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Wireless M2M solutions for industrial IoT applications are delivered.
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Detailed competitors of BidOut

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Latest news on Bidout

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Complete news archive for BidOut

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  • Source and publication date
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Frequently Asked Questions about BidOut

BidOut was founded in 2021 and raised its 1st funding round 1 year after it was founded.

BidOut is headquartered in Houston, United States. It is registered at Houston, Texas, United States.

Online oil and gas procurement platform. The platform allows engineers, procurement departments, and service companies to find new service providers, send out RFPs, standardize bid formats, automate the procurement process, and more.

BidOut's top competitors include AspenTech, SitePro and CSE Global.

BidOut offers Enverus RFx, Commodity Data Solutions, and Data Catalog.

BidOut has 2 investors. Key investors include Enverus, and Ascent Energy Ventures.

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