Fundraising FoxBidbus
Costa Mesa, US · 4 known investors
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Bidbus is an online dealer-auction marketplace where 1,000+ verified franchise and independent dealers place competing bids on a seller's used car during a 2-hour live auction. It serves individual car sellers, does not buy cars itself, and charges a 1% success fee; it currently operates in California and Texas.
Founders & leadership
Board
Investors · 4
How we know: Ibex Investors's portfolio page · funding news · Not right? Tell us
How we know: Motley Fool Ventures's portfolio page · Not right? Tell us
How we know: Mucker Capital's portfolio page · funding news · Not right? Tell us
Funding
SEC filings, press & company announcements$48.3M disclosed across 3 of 5 rounds · 2025–2026
- $15MSeries AAug 2026Source ↗
- $15MSeries AJul 2026 · 2 sourcesSource ↗
- Undisclosed amountSeedAug 2025Source ↗
▶$18.3MraisedAug 2026 · 13 investors · Other TechnologyRule 506(b)
- Jiaqi YanExecutive Officer, Director, Promoter
- Jeffrey PetersDirector
- Yi Hsuan ChenExecutive Officer, Director
- Offering amount
- $18.3M
- Amount sold
- $18.3M
- First sale
- Jun 2026
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
In the news
Frequently asked questions
- What does Bidbus do?
- Bidbus is an online dealer-auction marketplace where 1,000+ verified franchise and independent dealers place competing bids on a seller's used car during a 2-hour live auction. It serves individual car sellers, does not buy cars itself, and charges a 1% success fee; it currently operates in California and Texas.
- Who founded Bidbus?
- Bidbus was founded by Kraig Coomber, Jiaqi Yan, Yi Hsuan Chen.
- Who are Bidbus's investors?
- Bidbus's investors include Data Point Capital, Ibex Investors, Motley Fool Ventures, Mucker Capital.
- How much funding has Bidbus raised?
- Bidbus has disclosed $48.3M raised across 3 of its 5 known rounds.
- Where is Bidbus headquartered?
- Bidbus is headquartered in Costa Mesa, US.