Company profile: SmartBid
1.1 - Company Overview
Company description
- Provider of web-based and mobile construction bid management software for general contractors worldwide, streamlining preconstruction bid project data, documents, and subcontractor communications. Offerings include construction bidding and bid solicitation tools, subcontractor management software, and subcontractor risk analysis reports.
Products and services
- SmartBid Construction Bidding Software: Architects a web-based platform letting general contractors streamline bid project data, manage documents, and coordinate subcontractor communications during preconstruction, with mobile access for worldwide teams
- Construction Bid Solicitation Software: Produces a mobile-enabled system to manage and send bid invitations to subcontractors and suppliers, organizing communications and solicitations across preconstruction bid packages
- Subcontractor Management Software: Delivers a preconstruction-focused product that oversees subcontractor relationships and performance for construction projects, centralizing contact data and communications for general contractors
Key contacts
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Financial details
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1.2 - Competitors and similar companies to SmartBid
Grit Virtual
HQ: United States
Website
- Description: Provider of agile scheduling software for construction, offering a schedule generator and responsive planning workflows that let crew leaders estimate durations, crew size, and cross-trade dependencies. Features include Master Schedule, auto 1/3/6-week Lookaheads, Procore-linked Procurement, Work Plan (Kanban/Flow), 4D BIM Model Viewer, and Floor-D 2D Plan Viewer.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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Hoylu
HQ: Sweden
Website
- Description: Provider of cloud-based project management and collaboration solutions combining online whiteboards, planning, and task management. Offerings include Adaptive Workspaces, Unified Planning, Hoylu for Construction, Agile Project Management (PI Planning, Scrum, Kanban, Dependency Mapping, Retrospectives), an Infinite Workspace, and integrations with Jira, Digital.ai Agility, Microsoft Teams.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Ideate Software
HQ: United States
Website
- Description: Provider of Revit software tools that give users unprecedented control over data and AEC workflows. Products include Ideate BIMLink for Excel-based Revit data export/edit/re-import, Ideate Explorer for element find/delete/manage, Ideate Sticky for integrating Excel/Word/PDF data, Ideate StyleManager for standardizing styles, Ideate Automation for task automation, and IdeateApps to streamline design tasks.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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ProEst
HQ: United States
Website
- Description: Provider of construction estimating and digital takeoff software that combines detailed cost estimating with digital takeoffs and industry-specific material databases to improve estimating processes for construction companies, serving over 8,000 firms since 1976.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Treetop
HQ: Belgium
Website
- Description: Provider of resource planning (ERP) software and business applications for small to medium-sized businesses in the residential construction and crafts sector.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Treetop company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for SmartBid
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Buyer group 2: ████████ ████████
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Buyer group 3: ████████ ████████
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Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to SmartBid
2.2 - Growth funds investing in similar companies to SmartBid
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4 - Top valuation comps for SmartBid
4.2 - Public trading comparable groups for SmartBid
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