RECENT FUNDING
  1. Recent Funding
  2. Companies
  3. PataBid

PataBid

PataBid Quantify AI estimating software for contractors streamlines takeoff and automates calculations.

Latest funding

$2M Pre Seed ·

Source: ebmag.com

Funding history ↓
Website: patabid.com.
X: @PataBid_Inc · 9 followers.
LinkedIn: patabid.
Sectors: Cloud Management, Information Technology, Software.
Stage: Pre Seed.
Based in: Okotoks, Canada.
Last round: Oct 19, 2026 · 4 days ago.
X account age: 8 years.
Domain age: 9 years.
On Recent Funding since: Oct 20, 2026.
About PataBid

Create professional construction bids 75% faster.

PataBid is a company based in Okotoks, Canada. Recent Funding lists it under Developer tools and cloud (also Real estate and construction). It raised $2M in a Pre Seed round in October 2026, according to ebmag.com. Investors on record include Bluesky Equities, Graphite Ventures, Inverted Ventures and Sprout Fund LP. It was founded by Melvin Newman.

TIMELINE · MONEY RAISED

PataBid | 3318 days from website to first raise on record

@PataBid_Inc·Raised $2.0M in 1 sourced round·2 signals before the first raise
$500K$1.0M$1.5M$2.0MOCTJAN 2019APRJULOCTJAN 2024APRJUL$2.0M||WEBSITE CREATED · SEP 18, 2017||X ACCOUNT CREATED @PATABID_INC · NOV 10, 2017$2M Pre Seed · Oct 19, 2026$2M PRE-SEED · OCT '26

Money raised, round by round (amounts linked to their source). Pins are dated signals; hover the icons for dates.

Funding rounds

  1. Pre Seed · $2M
    Source: ebmag.com
  2. X account created
  3. Website created

Founders and team

Investors

Similar Developer tools and cloud companies

Questions and sources

PataBid: questions and answers

How much has PataBid raised?
PataBid has raised $2M in one sourced round on record (Pre Seed), announced October 19, 2026.
Who invested in PataBid?
Investors on record for PataBid: Bluesky Equities, Graphite Ventures, Inverted Ventures and Sprout Fund LP.
Who founded PataBid?
PataBid was founded by Melvin Newman.
Where is PataBid based?
PataBid is based in Okotoks, Canada.

Every amount links to the page it came from. * Estimated from an accelerator's published standard deal, not a company-specific disclosure. How Recent Funding sources and verifies funding data. The same data as JSON: /api/v1/companies/patabid (get a free API key).

Top raises, every week

The week's top funded startups and market insights, in your inbox every Monday.

Unsubscribe anytime · privacy