Source: Biz Journals
Summary
Bidbus, a platform that allows dealerships to bid on used cars, has secured $15 million in a Series A funding round led by Ibex Investors, an early-stage mobility fund. The investment is expected to help Bidbus expand its services. The funding round was announced on February 22, 2023.
Our Reading
The launch follows a familiar script.
Bidbus, a platform that lets dealerships bid on used cars, raises $15 million in a Series A round. Ibex Investors leads the charge. Because what the world really needed was another way to buy used cars online. This is the future of mobility we’ve all been waiting for: a new way to bid on slightly used vehicles.
Author: Evan Null
