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.
Company Size
11-50
Company Stage
Series A
Total Funding
$18.3M
Headquarters
Los Angeles, null
Founded
2020
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