Manchester AI start-up tackling a ‘fundamental flaw’ in tender bidding lands $800,000 investment

Manchester-headquartered AI start-up BidScript has raised $800,000 in fresh funding, taking its total pre-seed investment to more than $1m as it looks to accelerate product development and international expansion.

The BidScript platform, which helps businesses identify, manage, write and submit bids for public and private sector contracts, secured follow-on backing 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.

This latest injection of pre-seed funding will support the business to continue building its team, develop its product suite further, and expand into new markets both domestically and internationally. 

READ MORE: ‘We’re making a bet on the North East’: Why confidence is growing across the region’s tech sector

Founded by childhood friends Henry Brogan and Tyler McCarthy, who launched the business while both were still at university, BidScript was created to address a ‘fundamental flaw’ in the bidding of public and private contracts.

With a focus on the construction and engineering, IT and education sectors, BidScript supports businesses competing in some of the most demanding tendering environments, with customers across the UK, US and the Middle East.

The duo’s fundraising journey started in 2024, when BidScript was one of 12 businesses selected for PXN’s inaugural PraeSeed cohort. Now in its third year, the six-week investor readiness programme is aimed at providing vital funding access and mentoring support for pre-seed businesses in the North of England. 

“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,” said Henry Brogan, co-founder and CEO of BidScript.

Harry Manley, Investment Associate at PXN Ventures, added: “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.”

Ed Stevenson, Principal at SFC Capital, also commented: “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.”

Subscribe to the Prolific North Daily Newsletter Today!

Want all the latest content from Prolific North delivered direct to your inbox daily? Of course you do!

Related News