BidWizer

Charlotte, United States Founded: 2018 • Age: 8 yrs
Live reverse auctions for car purchases are facilitated online.
Annual revenue - Latest available
Total funding $2.6M 1 rounds
Employees - Tracked headcount
Investors - Known backers
Products 3 Services tracked
Competitors 11 Brand Intelligence

About BidWizer

BidWizer is a company based in Charlotte (United States) founded in 2018. BidWizer has raised $2.59 million across 1 funding round. BidWizer offers products and services including Online Car Buying Platform, Reverse Auction Service, and Vehicle Search Tool. BidWizer operates in a competitive market with competitors including AutoNation, BacklotCars, Xcite Automotive, Signal Automotive and Larry H. Miller Dealerships, among others.

  • Headquarter Charlotte, United States
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    Locked
  • Website
    Locked
  • Legal Name Bidwizer, Inc
Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $2.59 M (USD)

    in 1 rounds

  • Latest Funding Round
    $2.59 M (USD), Seed

    Jun 13, 2022

  • Investors
    Not available
  • Employee Count
    Not available
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Products & Services of BidWizer

BidWizer offers a comprehensive portfolio of products and services, including Online Car Buying Platform, Reverse Auction Service, and Vehicle Search Tool.

Product name locked
Category locked
Primary

Platform for purchasing cars via reverse auctions

Product name locked
Category locked
Locked

Service where dealers compete to offer lowest prices

Product name locked
Category locked
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Tool for filtering and selecting vehicles online

Funding Insights of BidWizer

BidWizer has successfully raised a total of $2.59M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.59 million completed in June 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investments & Acquisitions by BidWizer

Investments
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Investment portfolio details for BidWizer

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Financial Statements - BidWizer

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Detailed financials for BidWizer

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Bidwizer Comparisons

BidWizer Primary company
Description
Live reverse auctions for car purchases are facilitated onli...
Location
Charlotte, United States
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for BidWizer

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Competitors of BidWizer

BidWizer 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 AutoNation, BacklotCars, Xcite Automotive, Signal Automotive and Larry H. Miller Dealerships, among others.

Company Name Domain Founded year HQ Location Description
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New and used vehicles are offered online by AutoNation.
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B2B new car marketplace platform
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Provider of a suite of management solutions for automotive dealerships
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Dealer of cars
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Online dealer of new vehicles
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New and used cars are purchased via an online platform.
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Detailed competitors of BidWizer

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Latest news on Bidwizer

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Frequently Asked Questions about BidWizer

BidWizer was founded in 2018 and raised its 1st funding round 4 years after it was founded.

BidWizer is headquartered in Charlotte, United States. It is registered at Charlotte, North Carolina, United States.

BidWizer is a funded company, having raised a total of $2.59M across 1 funding round to date.

BidWizer was founded in 2018 and is headquartered in Charlotte, United States. As a technology company in the automotive sector, a virtual marketplace is operated for car buyers and dealers. Live reverse auctions are conducted, enabling consumers to receive bids from dealers on their purchasing needs. The platform supports interactions between buyers seeking vehicles and automotive professionals offering competitive pricing.

BidWizer's top competitors include AutoNation, BacklotCars and Larry H. Miller Dealerships.

BidWizer offers Online Car Buying Platform, Reverse Auction Service, and Vehicle Search Tool.

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