Startups · 2h ago
Bidbus raises $15M to let dealerships bid on used cars
Bidbus, a startup enabling dealerships to bid on used cars, raised $15 million in Series A funding led by Ibex Investors. The platform aims to simplify car selling by creating a competitive bidding environment among dealers. This round signals continued investor interest in auto-tech solutions.
Meridian48 take
The model's success hinges on whether it can offer consumers better prices than traditional trade-ins or private sales.
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This startup pits dealerships against each other to bid on your used car →
TechCrunch
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