BidwiseAI secures £50k to expand procurement software platform

Procurement teams can manage tenders and reconcile bids using an AI-powered SaaS platform developed by London-based Bidwiseai Ltd. The company recently secured an estimated £50k in new funding, which brings its total capital raised throughout 2026 to £295k.

Incorporated in 2024, the startup provides technology allowing users to evaluate suppliers and perform analysis on contract data. According to LinkedIn records, the business currently operates with a single employee, is classified within the software development industry, and maintains its website at bidwise.ai.

The latest financial accounts for the firm cover the year ended 31 May 2025. Documentation for this investment was filed in July, following a share allotment that occurred in June.