FedBid fedbid.com


FedBid is a provider of reverse auction services, optimizing how businesses, governments and educational institutions buy the goods and services they need. Currently, more than 75 federal, state and local government agencies and departments use FedBid's online marketplace as a key component of their purchasing strategy. FedBid's innovative, patented and FAR-compliant acquisition solution helps Buyers expand their supplier base, while saving time and money. At the same time, Sellers gain greater ...Show all

FedBid is a provider of reverse auction services, optimizing how businesses, governments and educational institutions buy the goods and services they need. Currently, more than 75 federal, state and local government agencies and departments use FedBi...Show all

Company (Acquired)

Phone: 877-933-3243

Fax:

8500 Leesburg Pike
Suite 602
Vienna, 22182
Virginia, United States

Latest News

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Total Funding Date of Last Funding
FedBid $8M Oct 3, 2017

Web Traffic

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Engagement (PVPU)

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Investors

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Board Members

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Patents

Title Application Date Patent Date Status
(Patent / Application)
Price determination in an auction system Jan 25, 2013 Jun 06, 2017 Patent
Auction based procurement system Jan 31, 2007 Oct 25, 2011 Patent
Escrow payment system for transactions Mar 15, 2013 Application