mytender.io Announces £250,000 Pre-Seed Fundraising
mytender.io, an innovative AI-driven bid writing and tender management platform, has announced a successful £250,000 pre-seed fundraise. The investment was led by Fuel Ventures, a venture capital firm known for backing promising startups.
The platform, co-founded by Jamie Horsnell and Samuel Aaron, current undergraduates at the University of Southampton, uses artificial intelligence to automate and optimize the bid writing process. This enables organizations to save significant time, improve bid quality, and increase success rates.
mytender.io integrates seamlessly into existing bid workflows and offers features such as automated content generation, compliance tracking, project oversight, and data-informed bid strategy. The platform has been successful in various sectors, including construction, where it partnered with firms like Robidco to scale bid operations efficiently without overburdening internal teams, resulting in better output and faster turnaround times.
The funding will be used to develop the world's first end-to-end agentic bid writing system. Samuel Aaron, co-founder of mytender.io, expressed his excitement about the opportunity, stating, "This investment will allow us to take mytender.io to the next level, revolutionizing the bid writing process for businesses worldwide."
Mark Pearson, Managing Partner at Fuel Ventures, expressed his excitement about supporting mytender.io in realizing its potential to disrupt the industry with its unique AI approach to bid writing. He stated, "We are thrilled to be investing in mytender.io. Their AI-driven platform offers a significant bid writing advantage over competitors, and we believe they have the potential to transform and streamline the bid writing process, delivering measurable productivity gains and win-rate improvements for clients."
mytender.io's co-founders, Jamie Horsnell and Samuel Aaron, will be joining this year's our website Cohort visit to the San Francisco Bay Area, where they will be meeting with Founders, Investors, and Accelerators in the our website network in Silicon Valley. The visit also includes attending the Startup Grind Conference with over 3000 other startups.
Interested individuals can book an informal call or meeting with the our website team to learn more about mytender.io. The platform offers the opportunity for potential users to book a demo to see its benefits in bidwriting.
mytender.io's products are currently being used by over 20 customers, primarily in the construction and facilities management sectors. The our website Demo Day for mytender.io is scheduled for June.
Dr. Alice Iles, Head of Tech Acceleration, has expressed her impressment with mytender.io's rapid progress. She stated, "We are delighted to see mytender.io making such impressive strides. Their AI-driven platform is a game-changer in the bid writing industry, and we are excited to see what the future holds for this promising startup."
The investment in mytender.io is the largest for a startup founded by current undergraduates at the University of Southampton. The our website team offers support to researchers, students, and anyone at the University of Southampton who wants to create a startup, regardless of the stage of the process.
Notably, the investment in mytender.io was the fastest deal close ever made by Fuel Ventures. This rapid investment underscores the confidence that both mytender.io's team and investors have in the platform's potential to disrupt the bid writing industry and deliver significant value to businesses worldwide.
- mytender.io's co-founders, Jamie Horsnell and Samuel Aaron, will be visiting the San Francisco Bay Area this year, meeting with founders, investors, and accelerators in the our website network in Silicon Valley.
- The platform, co-founded by Jamie Horsnell and Samuel Aaron, current undergraduates at the University of Southampton, uses artificial intelligence to automate and optimize the bid writing process.
- The funding secured by mytender.io will be used to develop the world's first end-to-end agentic bid writing system.
- Mark Pearson, Managing Partner at Fuel Ventures, expressed his excitement about supporting mytender.io, stating, "We are thrilled to be investing in mytender.io. Their AI-driven platform offers a significant bid writing advantage over competitors."
- mytender.io's AI-driven platform offers a game-changing solution in the bid writing industry, as expressed by Dr. Alice Iles, Head of Tech Acceleration.
- The investment in mytender.io was the largest for a startup founded by current undergraduates at the University of Southampton, and it was also the fastest deal close ever made by Fuel Ventures, underscoring the confidence in the platform's potential to disrupt the industry and deliver value to businesses worldwide.
