What is FedBid?
FedBid, now operating as Unison Marketplace, is a comprehensive government procurement software platform designed to streamline the acquisition process for federal government agencies and government contractors. The platform offers automated bidding, dedicated support, and real-time updates to enhance efficiency in sourcing and vendor engagement. It simplifies workflows for grant management, contract lifecycle management, and financial assistance, specifically aiming to make it easier for small businesses to participate in government contracts. With a strong focus on compliance and transparency, Unison Marketplace empowers users to make informed decisions and achieve their procurement objectives, positioning itself as a critical tool in the B2B SaaS landscape for public sector transactions.
How much funding has FedBid raised?
FedBid has raised a total of $2M across 1 funding round:
Other Financing Round
$2M
Other Financing Round (2005): $2M with participation from Blue Water Capital
Key Investors in FedBid
Blue Water Capital
Blue Water Capital is a venture capital firm with a focus on the technology sector, likely specializing in early to growth-stage enterprise software companies that demonstrate strong market potential and scalable business models.
What's next for FedBid?
The substantial enterprise-level funding indicates a strategic phase for FedBid (Unison Marketplace), likely focused on scaling its operations, expanding its market reach within the federal government and contractor ecosystem, and further developing its platform's capabilities. Future investments may target enhancing AI-driven procurement insights, broadening compliance features, and fostering greater integration with existing government financial systems. This capital infusion is poised to solidify its position as a leader in government procurement technology, driving efficiency and accessibility for a wide range of stakeholders.
See full FedBid company page
