BidSync

American Fork, United States Founded: 1999 • Age: 27 yrs Acquired By Periscope Holdings
Procurement solutions are delivered for public agencies and vendors.
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About BidSync

BidSync is a company based in American Fork (United States) founded in 1999 was acquired by Periscope Holdings in December 2014.. The company has 62 employees as of December 31, 2015. BidSync offers products and services including Bid Notification, S2G Bid Database, and Catalog Manager. BidSync operates in a competitive market with competitors including Sage Group, Tipalti, MineralTree, Airbase and Emburse, among others.

  • Headquarter American Fork, United States
  • Employees 62 as on 31 Dec, 2015
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Rfp Depot Llc
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    62

    as on Dec 31, 2015

  • Acquired by
    Periscope Holdings

    (Dec 10, 2014)

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Products & Services of BidSync

BidSync offers a comprehensive portfolio of products and services, including Bid Notification, S2G Bid Database, and Catalog Manager. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Service for daily email alerts on government bid opportunities.

Primary

Comprehensive database for accessing government contracts and bids.

Tool for organizing and navigating bid-related information efficiently.

Funding Insights of BidSync

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in BidSync

BidSync has secured backing from 1 investor. Prominent investors backing the company include Periscope Holdings. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Web-based e-Procurement solutions are provided for government and businesses.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by BidSync

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - BidSync

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Bidsync Comparisons

Employees
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Competitors of BidSync

BidSync 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 Sage Group, Tipalti, MineralTree, Airbase and Emburse, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Cloud-based accounting and payroll solutions for small and medium businesses
domain founded_year HQ Location
Cloud-based procurement and invoice management solutions are offered to businesses.
domain founded_year HQ Location
Cloud-based accounts payable automation is delivered for businesses.
domain founded_year HQ Location
Procure-to-pay management software is offered for business operations.
domain founded_year HQ Location
Corporate cards and expense management are offered to businesses.
domain founded_year HQ Location
Cloud-based end-to-end spend management software is delivered for businesses.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Bidsync

Frequently Asked Questions about BidSync

When was BidSync founded?

BidSync was founded in 1999.

Where is BidSync located?

BidSync is headquartered in American Fork, United States. It is registered at American Fork, Utah, United States.

Who is the current CEO of BidSync?

Brian Utley is the current CEO of BidSync.

How many employees does BidSync have?

As of Dec 31, 2015, the latest employee count at BidSync is 62.

What does BidSync do?

BidSync was founded in 1999 and is based in American Fork, United States. Procurement management services are offered to public agencies, covering the full cycle from requests to settlements. Bid notifications are provided to vendors, along with spend analytics and contact intelligence tools. Over 1,000 government agencies are served, supported by more than 800,000 registered vendors who pay annual fees ranging from 649 to 2,799.

Who are the top competitors of BidSync?

BidSync's top competitors include Coupa, Sage Group and Airbase.

What products or services does BidSync offer?

BidSync offers Bid Notification, S2G Bid Database, and Catalog Manager.

Who are BidSync's investors?

BidSync has 1 investor. Key investors include Periscope Holdings.

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