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Bidnamic: SaaS machine learning platform automating Google Shopping ad bidding for ecommerce retailers, predicting optimal bids 24/7 to maximize profit.
Bidnamic is a Leeds, England-based software company that develops a machine learning platform to automate and optimize Google Shopping advertisement bidding for ecommerce retailers. The Software-as-a-Service platform predicts optimal bid prices around the clock to maximize profit margins while providing supplementary services including search ad management, feed optimization, and Performance Max campaign integration. Operating internationally with an additional corporate office in Austin, Texas, the enterprise currently serves a portfolio of 214 global clients. The organization has scaled its workforce to 82 employees and secured $5 million in Series A venture capital funding to support its ongoing commercial expansion across the United States. The underlying technology was initially conceptualized after the creators built Dizinga, a print-on-demand marketplace that managed over 400 million individual stock keeping units. Bidnamic was founded in 2018 by Liam Patterson and Ingvar Kraatz.
Bidnamic has raised $5.0M across 1 funding round.
Bidnamic has raised $5.0M in total across 1 funding round.
Bidnamic has raised $5.0M in total across 1 funding round.
Bidnamic's investors include Henry Alty, Chris Forrest, Luke Judge - Tangoo, Marin Mayer.
Bidnamic has raised $5.0M across 1 funding round. Most recently, it raised $5.0M Series A in May 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 27, 2022 | $5.0M Series A | Henry Alty | Chris Forrest, Luke Judge - Tangoo, Marin Mayer |