About FedBid
FedBid is a company based in Vienna (United States) founded in 1999 was acquired by Compusearch in October 2017. FedBid offers products and services including Marketplace Platform, PRISM, Cost Engineering, Financial Assistance, and Program Management. FedBid operates in a competitive market with competitors including Periscope Holdings, Epylon, Onvia, DemandStar and HotLink, among others.
- Headquarter Vienna, United States
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Sectors
Government & Social SectorRetail Technology
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Phone
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Website
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Social
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- Legal Name Unison Software, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Compusearch
& 1 more
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Employee Count
Not available
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Acquired by
Compusearch
(Oct 03, 2017)
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Products & Services of FedBid
FedBid offers a comprehensive portfolio of products and services, including Marketplace Platform, PRISM, Cost Engineering, Financial Assistance, and Program Management.
Online system for government sourcing and vendor bidding processes.
Tool for managing federal acquisition lifecycle and workflows.
Software for creating defendable cost estimates for governments.
Platform to build, submit, and monitor grants digitally.
System for managing federal program activities in a digital environment.
Funding Insights of FedBid
Investors in FedBid
FedBid has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Compusearch and Revolution.
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Revolution is recognized as a D.C.-based investment firm.
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Home healthcare products and mobility aids are supplied online.
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Investor details for FedBid
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Investments & Acquisitions by FedBid
Investment portfolio details for FedBid
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Financial Statements - FedBid
Detailed financials for FedBid
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Fedbid Comparisons
Peer comparison for FedBid
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Competitors of FedBid
FedBid 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 Periscope Holdings, Epylon, Onvia, DemandStar and HotLink, among others.
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Web-based e-Procurement solutions are provided for government and businesses.
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eProcurement software is supplied to government agencies and educational institutions.
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Procurement management and bid notification solutions
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Online procurement management tool
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Cloud-based B2B trade platform is provided with event management features.
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Detailed competitors of FedBid
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Latest news on Fedbid
Complete news archive for FedBid
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Frequently Asked Questions about FedBid
FedBid was founded in 1999 and raised its 1st funding round 13 years after it was founded.
FedBid is headquartered in Vienna, United States.
FedBid is an online marketplace for government and businesses. The basic model they use is reverse auction. The company ceased operations in December 2000 when it could not secure a second round of financing. In 2001, the FedBid online marketplace reopened under the ownership of Advance Technology, Inc., which changed its name to FedBid, Inc. in 2004. The new FedBid expanded the focus of its online marketplace from U.S. Federal Government commercial purchase card orders to purchase order (PO) transactions for bigger purchases of commercial items, including commodity-type goods and simple services. Currently it has 45000 to 50000 active vendors and around 25000 to 35000 active buyers.
FedBid's top competitors include Periscope Holdings, Onvia and DemandStar.
FedBid offers Marketplace Platform, PRISM, Cost Engineering, Financial Assistance, and Program Management.
FedBid has 2 investors. Key investors include Compusearch, and Revolution.