mytender.io reveals a £250,000 pre-seed funding round announcement
mytender.io, an innovative AI-driven bid writing platform designed to simplify and improve the creation of procurement bids, has recently secured a £250,000 pre-seed fundraise, marking a significant milestone for the student-led startup co-founded by Jamie Horsnell and Samuel Aaron, both undergraduates at the University of Southampton.
The platform, which streamlines the bid writing process for public sector contractors, has already garnered the attention of Dr. Alice Iles, Head of Tech Acceleration, who expressed her impression with mytender.io's rapid progress. The company's unique focus on AI-driven automation sets it apart from generic writing tools or manual consultancy services, offering a bid writing advantage that could disrupt the industry.
mytender.io caters specifically to public sector contractors, reflecting a deep understanding of the sector’s unique demands and pain points. By focusing on this audience, the platform ensures its tools are relevant and immediately impactful for its users. The core innovation of mytender.io lies in its use of AI to automate and optimize the bid writing process, enabling users to generate higher-quality bids in less time, thus increasing their chances of winning contracts.
The investment, led by Fuel Ventures, will allow for the development of the world's first end-to-end agentic bid writing system. Co-founder Samuel Aaron commented on the investment, stating that it will help mytender.io to push the boundaries of what is possible with AI in the bid writing space. Mark Pearson, Managing Partner at Fuel Ventures, expressed excitement about supporting mytender.io, citing the startup's impressive ambition and innovation.
The visit to Silicon Valley includes meetings with Founders, Investors, and Accelerators in the network, as well as attending the Startup Grind Conference with over 3,000 other startups. mytender.io co-founders, Jamie and Samuel, will join this year's visit to the San Francisco Bay Area. Interested University of Southampton researchers or students can book an informal call or meeting with the website team for support at any stage of startup creation.
Individuals can also book a demo of mytender.io to see its speed and effectiveness first-hand. Pearson believes that mytender.io's unique approach to automating bid writing with AI has the potential to significantly disrupt the industry, offering a solution that addresses a niche yet significant challenge in the public procurement sector. mytender.io's development underscores the potential for academic environments to nurture solutions that address specialized industry challenges through technology.
- The AI-driven bid writing platform, mytender.io, has secured a £250,000 pre-seed fundraise, marking a significant milestone for the student-led startup co-founded by Jamie Horsnell and Samuel Aaron.
- The company's unique focus on AI-driven automation sets it apart from generic writing tools or manual consultancy services, offering a bid writing advantage that could disrupt the industry.
- The investment, led by Fuel Ventures, will allow for the development of the world's first end-to-end agentic bid writing system, with co-founder Samuel Aaron stating it will help mytender.io to push the boundaries of what is possible with AI in the bid writing space.
- mytender.io caters specifically to public sector contractors, reflecting a deep understanding of the sector’s unique demands and pain points, ensuring its tools are relevant and immediately impactful for its users.
- mytender.io's development underscores the potential for academic environments to nurture solutions that address specialized industry challenges through technology, as exemplified by the University of Southampton researchers and students who co-founded the venture.
- The startup's co-founders, Jamie and Samuel, will attend the Startup Grind Conference in Silicon Valley, along with meetings with Founders, Investors, and Accelerators in the network, to further scale their business and technology in the public procurement sector.
