AI-powered platform for composing competitive bids
mytender.io, an innovative AI-driven solution, is revolutionising the way businesses approach government contract bids. Developed by Samuel Aaron, Jamie Horsnell, and Nicolas Dickreuter, this platform is designed to streamline the bid writing process, delivering cost savings of around 50% and driving 15% revenue growth for clients.
The platform is particularly beneficial for Small and Medium Enterprises (SMEs) that often struggle with the inefficient government procurement process. On average, the bid writing process takes a staggering 38 hours of writing time, and 29% of bid teams experience burnout during this period, with finding up-to-date answers being the second biggest challenge. mytender.io addresses these issues by reducing bid writing time by approximately 75%.
mytender.io operates within a Virtual Private Cloud with comprehensive data security, ensuring the confidentiality of the bidding process. The platform has been market-tested and proven effective, securing a strategic partnership with the largest UK public sector tender portal, granting them exclusive access to over 50,000 organisations with a potential return of £150 million.
The current market opportunity for mytender.io in the UK construction, IT, facility management (FM), and energy sectors appears strong and growing, particularly in construction and facility management. mytender.io has demonstrated successful application and adoption in the UK construction sector, partnering with Robidco, a construction bid consultancy, to deliver a comprehensive bid management service. This collaboration has enabled construction firms to minimise manual effort, improve bid quality, and significantly increase win rates.
In facility management, mytender.io has been integrated seamlessly with Tier 1 FM clients, optimising bidding workflows and boosting operational efficiency. Similarly, in security services—a segment adjacent to facility management—users have reported strong productivity benefits and cost savings, indicating mytender.io’s AI capabilities can deliver significant benefits in adjacent sectors as well.
While there is no explicit detailed data on deployment specifically in the UK IT and energy sectors, the platform’s core capabilities of automating bid writing, ensuring compliance, and improving submission quality are broadly applicable to these sectors, which also frequently tender for contracts. Given mytender.io’s success in construction and FM, there is a likely opportunity to expand AI-driven bid writing solutions into the UK IT and energy sectors, provided industry-specific customisation and workflows are incorporated.
mytender.io is seeking investors with the skills and connections to enable them to scale at pace. As the platform positions itself as an effective AI-driven bid writing platform with proven market traction in UK construction and facility management sectors, it demonstrates a significant opportunity to capture efficiency and competitive advantages in public and private sector tendering markets within these industries.
Interested investors can contact mytender.io at [email protected] or via the our website/connect section. mytender.io is looking forward to expanding at pace while keeping the needs of their customers as a priority.
[1] Source: mytender.io website [2] Source: Security Services Case Study
- The innovative AI-driven solution, mytender.io, has shown significant growth by delivering cost savings of around 50% and driving 15% revenue growth for clients, particularly beneficial for Small and Medium Enterprises (SMEs).
- mytender.io addresses the challenges of the bid writing process by reducing bid writing time by approximately 75%, making it an effective AI-driven bid writing platform.
- Investors with the skills and connections to enable scaling at pace are sought by mytender.io, as the platform positions itself as a solution with proven market traction in the UK construction and facility management sectors.
- The core capabilities of mytender.io, such as automating bid writing, ensuring compliance, and improving submission quality, are broadly applicable to other sectors like UK IT and energy, providing an opportunity for expansion if industry-specific customisation and workflows are incorporated.
