BidScript reports up to 50% higher tender win rates as it secures €701k pre-Seed funding
Manchester-based BidScript, an AI-native, tender management platform aiming to help businesses find, qualify, manage, write and submit bids for public and private sector contracts, has announced it has raised €701k ($800k) – bringing the total pre-Seed funding received to over €876k ($1 million).
The latest funding round includes follow-on investment from NPIF II – PXN Equity Finance, which is managed by PXN Ventures as part of the Northern Powerhouse Investment Fund II (NPIF II), alongside new investment from SFC Capital.
Henry Brogan, co-founder and CEO of BidScript, says: “We are delighted to have secured the continued backing from PXN and welcome new investment from SFC Capital. General-purpose AI does not meet the standards required for high-stakes public and private sector tendering – it’s a niche that demands deep expertise. BidScript embodies that exact principle and this latest funding round will allow us to take the next step on our journey as we expand into new markets and geographies.”
BidScript’s pre-Seed funding comes amid continued 2026 investment activity across European procurement, RFP automation, vendor intelligence and adjacent public-sector workflow software.
EU-Startups has reported 2026 rounds totalling approximately €49.4 million across comparable companies, including Paris-based Pivot’s €34.4 million Series B for agentic AI procurement, Bolzano-based Soource’s €3 million Seed round for procurement intelligence, Košice-based Definic’s €2.5 million Seed round for vendor intelligence, Helsinki-based Realm’s €3.8 million Seed round for AI-assisted RFP and sales materials, Sofia-based Mandel AI’s €3.6 million Seed round for supplier coordination and automated procurement, and Munich-based Ark Climate’s €2.1 million pre-Seed round for municipal software.
In the UK, EU-Startups has also covered London-based Fivium’s undisclosed minority investment for public-sector software in 2026 and Stotles’ €11.5 million Series A in 2025 for tender tracking and public-sector sales, providing a same-country reference point for BidScript’s focus on tender management.
Harry Manley, Investment Associate at PXN Ventures, adds: “Our investment into BidScript was one of the first cheques written following our inaugural PraeSeed programme, and watching the business grow in size and stature since then has been inspiring. We’re excited to see where this next round of NPIF II funding takes the business, given our belief in both Henry and his co-founder Tyler and the issue they are solving for businesses, who too often get swamped by resource-heavy bidding processes.”
BidScript was founded in 2023 by childhood friends Henry Brogan and Tyler McCarthy who launched the business while both were still at university. BidScript was created to address flaws in the bidding of public and private contracts.
The company explains that hundreds of billions of pounds of public and private contracts are awarded each year, yet most businesses are still completing tenders manually, using highly time-consuming spreadsheets and shared drives.
With a focus on the construction and engineering, IT and education sectors, BidScript supports businesses competing in demanding tendering environments.
According to BidScript, early customers across the UK, US and the Middle East have seen win rates improve by up to 50% by using BidScript’s AI-based technology.
Ed Stevenson, Principal at SFC Capital, says: “Henry and Tyler are tackling a problem most people overlook; the antiquated system of managing public and private contracts. They’ve built real traction early, and their sector focus and commercial discipline are exactly what we look for at pre-Seed.”
This latest pre-Seed funding will allow the business to continue building its team, develop its product suite further, and expand into new markets both domestically and internationally.
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