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Bidbus

AI-powered consumer-to-dealer online car auctions

Overview

Bidbus runs an AI-native online marketplace that connects consumers selling used cars directly to dealerships through a competitive online auction. Sellers list their vehicle, receive a free quote, and enter a two-hour auction with 1,000+ verified dealers bidding, guided by an AI assistant; Bidbus facilitates the entire process and manages the workflow from pre-auction to post-delivery without taking ownership of the car. It differentiates itself by providing access to privately owned, well-maintained cars with lower mileage than typical rental fleets or repossessions, using a large dealer auction to drive higher bids. The company aims to expand beyond California into Arizona and Nevada, improve its AI capabilities, and grow its network to improve sourcing for dealers and selling outcomes for owners.

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About Bidbus

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Industries

Data & AnalyticsAutomotive & TransportationEnterprise SoftwareAI & Machine Learning

Company Size

11-50

Company Stage

Series A

Total Funding

$18.3M

Headquarters

Los Angeles, null

Founded

2020

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Funding

Total Funding

$18.3M

Meets

Industry Average

Funded Over

2 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Meet Average

Industry standards

$15M
$8.2M
$15M
$15M
$30M

Benefits

  • Company Equity

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