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Top 9 Bid Management Software Companies With $1M–$5M Revenue (August 2026)

As of August 2026, Latka tracks 9 bid management software companies with $1M–$5M in annual revenue. They have combined revenues of $16.4M and employ 140 people. They have raised $11.6M and serve 77K 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.

What Bid Management Software Companies do

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.

Companies
9
Revenue
$16.4M
Funding
$11.6M
Employees
140

Filters

Sorting: Highest -> Lowest

Filters

Top Bid Management Software Companies With $1M–$5M Revenue

Showing 9 of 9 companies ranked by annual revenue.

1DigiFabster logo
DigiFabster

Irvine, California, United States

Save time and money at your manufacturing shop using manufacturing estimating software. Turn RFQs into instant sales using DigiFabster's automated software.

Revenue
$3M
Customers
50K
Year founded
2014
Funding
$2.3M
Team size
21
2Capture2 logo
Capture2

San Diego, California, United States

Developer of a subcontracting and proposal management system for government contracting. The company's platform lets clients search for contracts based on topics, keywords or other criteria. It displays contracts coming up for renewal, agency preferences and product/service offerings, enabling businesses, particularly small and midsize companies to penetrate the government contracting market where long sales cycles, complicated procedures and entrenched incumbents create barriers.

Revenue
$2.7M
Year founded
2015
Funding
$4M
Team size
9
3ProjectMark CRM logo
ProjectMark CRM

San Francisco, California, United States

ProjectMark is the CRM built for the construction industry. Our platform empowers teams to be more productive in their pursuits and leverage historical data to make better decisions, so they can chase the right opportunities, streamline their RFP processes, and increase their win rates.

Revenue
$2.5M
Year founded
2019
Team size
23
4TenderApp logo
TenderApp

Hoevelaken, Gelderland, Netherlands

TenderApp biedt je de sleutel tot alle informatie over openbare aanbestedingen én de tools om je grip op het totale tenderproces te vergroten. Het helpt je om slimmer en efficiënter tenders te winnen.

Revenue
$1.9M
Year founded
2017
Team size
17
5JETRACT logo
JETRACT

Boise, Idaho, United States

Developer of a cloud-based purchasing software designed to serve the construction sector. The company's platform offers e-procurement, contract management and project management solutions that increase the efficiency of purchasing and contracting processes, providing large firms with end-to-end solution on a single platform with demand management and supplier management solutions.

Revenue
$1.7M
Year founded
2016
Team size
31
6ProTenders logo
ProTenders

Abu Dhabi, Abu Dhabi, United Arab Emirates

Provider of construction platform designed for companies to easily build their online presence. The company's platform empowers companies to reduce risk and improve efficiency in finding new leads and partners securely and efficiently using crowd-sourced and researched data, enabling engineers to showcase their work, find new opportunities and streamline their tendering and bidding activities.

Revenue
$1.3M
Customers
27K
Year founded
2009
Funding
$5.3M
Team size
12
7SourceEzy Technologies Pvt Ltd logo
SourceEzy Technologies Pvt Ltd

Bangalore, Karnataka, India

We are a Managed Reverse Auction Platform. We save 5% of annual procurement costs for organizations on all spends that have competitive bidding besides increasing transparency, efficiency and insights All you have to do is to drop your procurement needs to us by email and our team will setup the RFP, source high quality vendors, collate all bids and setup a reverse auction event and get the final best vendor, price and terms. We will onboard your vendors on our platform, manage compliance documents on your behalf, and train them to use the platform. All your bids are in one place, with rich analytics on categories, savings, vendors across all time periods. It's cloud based, so see it anywhere - at work, on your commute, in a business trip or at home. We ensure total transparency, traceability and a best in class supplier database through our marketplace. You can leave your grunt work to us and focus on what's important to your business. We work with small, medium and large enterprises in GCC and India across industries including retail, distribution, banking, manufacturing, engineering, healthcare and hospitality amongst others.

Revenue
$1.1M
Year founded
2015
Team size
10
8ConWize logo
ConWize

United States

ConWize is a cutting-edge construction estimation software that is utilized today by general contractors, developers, subcontractors, and management companies. Our customers' biggest challenge in bidding and estimating is entirely solved by a sophisticated yet user-friendly construction estimation tool, resulting in substantial savings of up to 50% of the time working on a tender while enhancing the accuracy of cost estimations. The solution also provides the ability to plan and manage contractual engagements, along with a complete and digital procurement process at the execution phase. Our users experience a remarkable ROI in less than 3 months!

Revenue
$1.1M
Year founded
2017
Team size
10
9CoCrafter logo
CoCrafter

Munich, Germany

B2B construction marketplace to match contractors and subcontractors.

Revenue
$1.1M
Year founded
2023
Team size
7

Frequently asked questions about Bid Management Software Companies With $1M–$5M Revenue

How many bid management software companies with $1M–$5M in annual revenue are there?

Latka tracks 9 bid management software companies with $1M–$5M in annual revenue. Together they generate $16.4M in annual revenue and employ 140 people.

Which bid management software company with $1M–$5M in annual revenue is the largest?

DigiFabster is the largest, with $3M in annual revenue, founded in 2014.

How much revenue does a typical bid management software company with $1M–$5M in annual revenue make?

The average bid management software company in this list makes $1.8M a year, across 9 companies with reported revenue. They serve 77K customers combined.

Who are the leading Bid Management software vendors with $1M–$5M in annual revenue?

Ranked by annual revenue, the leaders are DigiFabster, Capture2, ProjectMark CRM, TenderApp and JETRACT.

How much funding have bid management software companies with $1M–$5M in annual revenue raised?

The 9 bid management software companies with $1M–$5M in annual revenue tracked here have raised $11.6M in disclosed funding between them.

Related Vertical Industry Software categories

Inclusion Criteria

- 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.