Tech Company Financing Transactions
Bidbus Funding Round
Bidbus secured a $15 million Series A financing round on 7/8/2026. Investors included Ibex Investors, Data Point Capital and FJ Labs.
Transaction Overview
Company Name
Announced On
7/8/2026
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series A
Investors
Ibex Investors (Lead Investor)
private investors (Yossi Levi)
Proceeds Purpose
The company intends to use the capital to scale its automotive transaction platform, accelerate commercial operations beyond its initial launch hubs of California and Texas, and fund a nationwide expansion strategy across major regional dealership networks.
Company Information
Company Status
Private & Independent
Industry
Consumer
Mailing Address
14071 Peyton Drive 2532
Chino Hills, CA 91709
USA
Chino Hills, CA 91709
USA
Phone
Website
Email Address
Overview
AI-First Marketplace for Dealerships to Buy Used Cars Directly From Consumers. Bidbus sources consumer-owned used cars and connects them to dealerships through an online auction held twice a week. Dealerships pay sellers directly and pick up the cars. Consumers receive higher offers due to dealer competition, and dealerships gain access to a better selection of cars than traditional sourcing methods--all while scaling efficiently with our AI-first approach.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Ellson Chen
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