BidScript raises £600k led by PXN Ventures with support from SFC Capital
This article covers BidScript, an AI-native tender management startup, which has raised £600,000 in a pre-seed funding round led by PXN Ventures with new participation from SFC Capital, bringing its total pre-seed funding to more than £750,000. The funding will support team and product expansion to help suppliers respond to public and private sector tenders and improve procurement efficiency in sectors such as construction, engineering, IT and education.
BidScript has raised £600,000 in a pre-seed funding round led by PXN Ventures with new participation from SFC Capital, bringing the company’s total pre-seed funding to more than £750,000. The Manchester-headquartered AI-native tender management startup will use the capital to expand its team, advance its product suite and push into domestic and international markets. PXN’s investment is managed as part of the Northern Powerhouse Investment Fund II and is a follow-on to an earlier cheque.
Why it matters
Public and private contracting represents hundreds of billions of pounds in annual spending, yet many businesses still respond to tenders using spreadsheets and shared drives. That creates a clear efficiency gap for suppliers and buyers alike. BidScript targets that gap with AI-driven workflows that aim to cut time and improve success rates for bids, particularly in construction and engineering, IT and education — sectors where procurement is both frequent and process-heavy.
Early customers in the UK, US and the Middle East report win-rate improvements of up to 50% after adopting the platform, suggesting there is commercial traction for tooling that specialises in tendering rather than relying on general-purpose AI.
Inside the product
BidScript helps businesses find, qualify, manage, write and submit bids for public and private sector contracts. The platform automates repeatable parts of the tender process, centralises documents and workflows, and uses AI to streamline responses and compliance checks. The new funding is earmarked to broaden the product suite — likely deeper automation and integrations — and to hire staff to support rollout into new geographies.
The company emphasises domain-specific capability: procurement and tendering often require sector knowledge and tight standards, rather than generic AI outputs.
Who are the investors?
PXN Ventures and SFC Capital led the round. PXN’s investment is managed as part of the Northern Powerhouse Investment Fund II (NPIF II) and represents a follow-on to earlier support; SFC Capital joins as a new investor. BidScript was one of 12 companies selected for PXN’s PraeSeed cohort in November 2024 and subsequently received an earlier £200,000 investment from the programme.
In the announcement, Harry Manley, Investor at PXN Ventures, said:
Our investment into BidScript was one of the first cheques written following our inaugural PraeSeed programme, and watching the business grow in size and stature since then has been inspiring. We're excited to see where this next round of NPIF II funding takes the business, given our belief in both Henry and his co-founder Tyler and the issue they are solving for businesses, who too often get swamped by resource-heavy bidding processes.
In the announcement, Ed Stevenson, Investor at SFC Capital, said:
Henry and Tyler are tackling a problem most people overlook; the antiquated system of managing public and private contracts. They've built real traction early, and their sector focus and commercial discipline are exactly what we look for at pre-seed.
In the announcement, Sue Barnard, Investor at British Business Bank, said:
It's great to see the Northern Powerhouse Investment II supporting ambitious technology businesses like BidScript as it continues to develop innovative AI-powered solutions and pursue its growth plans. As AI and digital technologies have an increasingly important role in driving productivity and innovation across the UK economy, businesses like BidScript reflect the ambitions set out in the UK's Modern Industrial Strategy to support high growth companies and strengthen the digital economy.
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Founder perspective
Founders Henry Brogan and Tyler McCarthy started BidScript while at university and are based in Manchester. The pair entered PXN’s PraeSeed investor readiness programme in November 2024; BidScript was later one of seven businesses from that cohort to receive a £200,000 investment.
In the announcement, Henry Brogan, Co-founder & CEO at BidScript, said:
We are delighted to have secured the continued backing from PXN and welcome new investment from SFC Capital. General-purpose AI does not meet the standards required for high-stakes public and private sector tendering — it's a niche that demands deep expertise. BidScript embodies that exact principle and this latest funding round will allow us to take the next step on our journey as we expand into new markets and geographies.
The bigger picture
The deal highlights two overlapping themes in the UK ecosystem: continued regional early-stage funding via instruments such as NPIF II, and growing investor interest in specialised AI tools that address vertical problems in procurement and public-sector workflows. For startups tackling procurement, product-market fit depends on regulatory and sector-specific understanding as much as machine learning accuracy.
This round also underlines the role of regional investor programmes in moving university-age founders from prototype to paying customers — a pattern policymakers and funders in the Northern Powerhouse have prioritised. As procurement becomes a target for digitisation across Europe, expect more specialist AI startups to seek funding to automate tendering and contract management.
They've invested in BidScript
Get to know these AI investors
| Investors | Investment Focus | Startup Investments | Round Size | Connect |
|---|---|---|---|---|
 PXN Ventures( ) PXN Ventures is a UK-based venture capital firm focused on backing high-growth c... Manchester  | ||||
 SFC Capital( ) SFC Capital is a venture capital firm that focuses on investing in early-stage t... London | ||||
 NPIF II (Northern Powerhouse Investment Fund II)( ) | ||||
 British Business Bank( ) The British Business Bank focuses on enhancing finance accessibility for smaller... Sheffield | ||||
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