As of August 2026, Latka tracks 2 bid management software companies with $5M–$10M in annual revenue. They have combined revenues of $14.6M and employ 78 people. They have raised $3M and serve 720 customers combined.
Every company below sells bid management software to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.
Bid Management Software is designed to streamline the bidding process for organizations across various industries. It enables users to create, manage, and track bids efficiently, ensuring that they can respond quickly to opportunities while improving collaboration among team members. Primary use cases include managing proposals for contracts, facilitating communication between stakeholders, and providing a centralized platform for storing relevant documents and templates. Typical features of Bid Management Software include automated workflows, document management, real-time collaboration tools, and tracking capabilities for bid submissions. These solutions are particularly valuable for project managers, sales teams, and operations personnel who are involved in the bid creation process. By employing bid management software, organizations can enhance their efficiency in bid preparation and ultimately increase their chances of winning contracts.
Sorting: Highest -> Lowest
Showing 2 of 2 companies ranked by annual revenue.
Stockholm, Stockholm County, Sweden
Tendium offers a cloud-based bidding and proposal management platform to help companies selling to the public sector quicker find the right RFP-opportunities, simplifying the bidding process and making data driven decisions by utilising the latest technology and AI (Machine Learning). Tendium was founded in 2018 and is now scaling-up, ready to transform public procurement and bidding across the globe.
Fort Mill, South Carolina, United States
Developer of a request for proposal, qualification and Information platform designed to optimize workflow and maximize outcomes. The company's platform manages all RFP opportunities while provides efficiencies in responding, managing team and scoring responders, enabling companies to streamline their RFP process, save time and achieve better outcomes.
Latka tracks 2 bid management software companies with $5M–$10M in annual revenue. Together they generate $14.6M in annual revenue and employ 78 people.
Tendium is the largest, with $8M in annual revenue, founded in 2018.
The average bid management software company in this list makes $7.3M a year, across 2 companies with reported revenue. They serve 720 customers combined.
Ranked by annual revenue, the leaders are Tendium and Catapult.
The 2 bid management software companies with $5M–$10M in annual revenue tracked here have raised $3M in disclosed funding between them.
- The software must facilitate the creation and management of bid proposals. - It should include document management capabilities for storing and accessing bid-related files. - Must offer tools for collaboration among team members during the bidding process. - The platform should have tracking features to monitor bid submission statuses. - Not solely focused on project management; must specifically support the bid management lifecycle.
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