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Technology

Bidvine

Status: Funded

Mar 16th 2020 - Apr 25th 2020

Bidvine is an online service marketplace offering 300+ services across the UK. The platform helps customers find and hire professionals or services relating to home improvement, events & photography, health & wellness, and many more. The company's biggest accomplishment to date has been the introduction of BidMatch which allows professionals to bid automatically on requests that match their preferences, availability, and budget. Bidvine has 100,000 registered professionals. Its mission is to help 250,000 local businesses to grow by £1 billion in 2025. The company will use 47% of investments on market development, 33% in the introduction of additional tools for service professionals, 12% in other operational expenses (OPEX), and 8% for international expansion.

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Bidvine Rating Review

Rated on 01/04/2020

Pitch Rated

49%

Insufficient Data

Management

80%

Product

66%

Investment

UNRATED*

* Section unrated owing to insufficient or incomplete information available at the time of rating.

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What the ratings mean

  • 49% and under
    We suggest potential investors carry out further study of their own
    50-64%
    Room for improvement
    65-79%
    Worth considering
    80%+
    Gold rating, our highest rating
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Management 80%

Skills 73%
The CEO is an experienced founder with a track record of working in the technology and e-commerce industry. With strong business development skills, he also has the experience of previously founding a company. The product developer is a Co-Founder in the company and currently leads product, growth, design, and engineering. The founder has multiple roles as a CEO and as the Head of Finance. The Sales and Marketing Head of Bidvine has published an eBook - 'Food for Growth', which offers expertise from renowned and experienced marketers.

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  • £2,764,793
    pledged
  • 100%
    of goal

    £2,750,002
    target

    £13,490,235
    pre-money valuation

    22.49%
    equity available

    128
    investors

    £21,600
    pledge per investor

    09242142
    company number

    Active
    company status

    30/09/2014
    incorporated 6 years

    Equity Calculator
    Investment
    £
    Equity
    %
    Funding rounds
    16 Mar 20 Seedrs £2,764,793 / 101% 48.67%
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

As seen in:

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