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Downtobid
AddedMar 17, 2024
UpdatedJul 3, 2026
Downtobid

Downtobid

Acquired

AI streamlines construction project planning for GCs.

Founded
2019
Accelerator
Y Combinator logoY CombinatorS19
Overview
Compare
Fundraising
Employees

Downtobid, founded with the mission to revolutionize the construction bidding process, leverages artificial intelligence to streamline project planning for general contractors (GCs). The company’s core service automatically identifies scopes of work from construction plans, matches them with qualified local subcontractors, and sends out personalized bid invitations. This innovative approach aims to enhance efficiency and accuracy in the construction industry, targeting GCs who need to expedite their bid preparation process.

Notable for its advanced AI capabilities, Downtobid has facilitated millions of dollars worth of projects through its platform. The company’s impact is marked by its ability to significantly reduce the time and effort required for bid preparation, thereby improving project turnaround times and contractor-subcontractor matching. While specific investors and affiliated individuals are not publicly highlighted, Downtobid’s achievements in automating complex tasks have positioned it as a valuable tool in the construction sector.

Downtobid - Similar Companies

Bidfit logo

Bidfit

bidfit.co

Basis logo

Basis

basisboard.com

Bid Nerd logo

Bid Nerd

TrueBuilt Software logo

TrueBuilt Software

eContractorBids.com logo

eContractorBids.com

PlanHub logo

PlanHub

planhub.com

CityBuild logo

CityBuild

citybuild.ai

WeReno logo

WeReno

wereno.com

Constructable logo

Constructable

CoCrafter logo

CoCrafter

cocrafter.com

1build logo

1build

1build.com

inBuild logo

inBuild

inbuild.ai

Bidversity logo

Bidversity

bidversity.com

DigiBuild logo

DigiBuild

digibuild.com

BuildPlane logo

BuildPlane

Downtobid - Quick Facts

Who are Downtobid's competitors?

Companies similar to Downtobid include Bidfit, Basis, Bid Nerd and TrueBuilt Software.

When was Downtobid founded?

Downtobid was founded in 2019.

When was Downtobid's last funding round?

Downtobid's most recent funding round was for $150k (USD) in January 2019.

How much has Downtobid raised to-date?

As of Jan 1, 2019, Downtobid has raised a total of $150k (USD).

Downtobid - Classification

Ownership
  • Venture Capital
Technology
  • AI
  • Machine Learning
Geographic Exposure
  • Americas
Model
  • Platform
Revenue
  • Recurring
  • Transactional
Customer
  • Enterprise
Main Product
  • Construction
  • Software
Tags
  • Contech
  • SaaS