Bidbus Raises $15M Series A

Bidbus, based in Los Angeles, is a digital marketplace startup that provides an online auction platform for consumer used-car sales. The company has successfully closed a $15 million Series A round of funding to expand its bidding model.

Investors

The funding round was led by Ibex Investors, a Denver-based investment firm. Additional participants in the round include Mucker Capital, FJ Labs, Motley Fool Ventures, DataPoint Capital, Walter Ventures, and Yossi Levi.

Bidbus Use of Funds

Bidbus plans to use the capital to scale its operations and grow its marketplace platform, which facilitates competition among verified dealerships for consumer vehicles.

About Bidbus

Founded in 2021 by Duke Yan, Kraig Coomber, Javier Cuevas, and Ellson Chen, Bidbus provides a digital auction platform that connects private car sellers with dealerships. The company's mission is to provide price discovery and efficiency to the used-car market by enabling real-time bidding, with the platform aiming to offer sellers higher vehicle payouts compared to traditional instant-buy services.

Funding Details

Company Website: https://bidbus.com

Company: Bidbus
Raised: $15M
Round: Series A
Funding Date: July 8, 2026
Lead Investor: Ibex Investors
Additional Investors: Mucker Capital, FJ Labs, Motley Fool Ventures, DataPoint Capital, Walter Ventures, Yossi Levi
Software Category: Marketplace
Source: https://www.citybiz.co/article/871217/bidbus-closes-15m-series-a-to-disrupt-used-car-sales/