mytender.io reveals £250,000 pre-seed funding round
In an exciting development, mytender.io, an AI-driven bid writing platform, has announced a successful £250,000 pre-seed fundraise. This investment marks a significant milestone for the startup, being the largest so far for a company founded by current undergraduates at the University of Southampton.
The funding will be used to develop the world's first end-to-end agentic bid writing system. mytender.io's innovative platform is designed to help businesses, particularly in the construction and facilities management sectors, produce tender submissions more efficiently. The platform is recognised for its ability to reduce manual effort and increase bid success rates.
Fuel Ventures, a UK-based VC firm known for investing in early-stage startups, including those from university ecosystems, led the investment. The deal was closed at record speed for Fuel Ventures. Mark Pearson, Managing Partner at Fuel Ventures, expressed his excitement about supporting mytender.io in realising their vision to disrupt the industry with AI-driven bid writing.
Co-founded by Jamie Horsnell and Samuel Aaron, current undergraduates at the University of Southampton, mytender.io's co-founders will soon visit the San Francisco Bay Area as part of the Fuel Ventures Cohort. The visit includes meetings with Founders, Investors, and Accelerators in the Fuel Ventures network in Silicon Valley. The trip also includes attending the Startup Grind Conference with over 3000 other startups.
mytender.io's products are currently being used by over 20 customers in the construction and facilities management sectors. The company aims to make bid writing a more efficient process, empowering bid teams to perform at higher levels. The new system will accommodate for the nuances of each unique user, delivering exceptional quality.
Interested individuals can book a demo of mytender.io to see its speed and effectiveness in bid writing. Additionally, the our website team offers support for researchers and students at the University of Southampton who want to create startups, at any stage of the process.
Dr Alice Iles, Head of Tech Acceleration for the University, has expressed admiration for mytender.io's rapid progress. The our website Demo Day for mytender.io is scheduled for June. For more information or to book an informal call or meeting, please visit our website.
- The investment secured by mytender.io, an AI-driven bid writing platform, will be utilized to develop the world's first end-to-end agentic bid writing system.
- mytender.io's innovative platform is designed to help businesses in the construction and facilities management sectors produce tender submissions more efficiently, reducing manual effort and increasing bid success rates.
- Fuel Ventures, a UK-based VC firm known for investing in early-stage startups, led the £250,000 pre-seed fundraise for mytender.io, which marked a significant milestone for the startup.
- Co-founders Jamie Horsnell and Samuel Aaron, current undergraduates at the University of Southampton, will soon visit the San Francisco Bay Area as part of the Fuel Ventures Cohort, meeting with Founders, Investors, and Accelerators in the Fuel Ventures network in Silicon Valley.
- mytender.io is currently used by over 20 customers in the construction and facilities management sectors, with the aim of making bid writing a more efficient process, empowering bid teams to perform at higher levels.
- Interested individuals can book a demo of mytender.io to see its speed and effectiveness in bid writing, and the website team offers support for researchers and students at the University of Southampton who want to create startups, at any stage of the process.
