Funding announced for £250,000 in pre-seed round via mytender.io
AI-Powered Bid Writing Platform mytender.io Secures £250,000 Investment
mytender.io, an innovative AI-driven bid writing platform, has announced a £250,000 pre-seed fundraise, led by Fuel Ventures. This investment will support the development of the world's first end-to-end agentic bid writing system.
Founded by current undergraduates at the University of Southampton, Jamie Horsnell and Samuel Aaron, mytender.io is already being used by over 20 customers in the construction and facilities management sectors. The platform's AI capabilities automate content generation, ensure compliance, maintain consistency, and optimize bid quality, significantly reducing the manual effort and turnaround time involved in bid management.
The investment will be used to develop the world's first end-to-end agentic bid writing system, a move that has been welcomed by Samuel Aaron, one of the co-founders. Mark Pearson, Managing Partner at Fuel Ventures, also expressed excitement about supporting mytender.io in realizing their vision to disrupt the industry with their unique AI approach to bid writing.
Fuel Ventures, a venture capital fund supporting early-stage tech companies, was impressed by mytender.io's potential and the rapid progress it has made. The investment was the fastest deal close Fuel Ventures have ever made, reflecting their confidence in the platform's ability to transform the tendering and bid submission process.
Dr. Alice Iles, Head of Tech Acceleration for Fuel Ventures, has expressed admiration for the rapid progress of mytender.io. The investment will enable the company to scale and further develop its market-leading platform, providing a bid writing advantage over competitors.
mytender.io's co-founders, Jamie and Samuel, will be joining this year's Fuel Ventures Cohort visit to the San Francisco Bay Area. The visit includes attending the Startup Grind Conference with over 3000 other startups, as well as meetings with Founders, Investors, and Accelerators in the Fuel Ventures network in Silicon Valley.
The our website team offers support to researchers, students, and entrepreneurs at the University of Southampton at any stage of the startup process. Interested individuals can book an informal call or meeting with the team to start the conversation about creating a startup. They can also book a demo of mytender.io to see its speed and effectiveness in bid writing.
The our website Demo Day for mytender.io is scheduled for June. This is the largest investment so far for a startup founded by current undergraduates at the University of Southampton, marking a significant milestone in the university's startup ecosystem.
[1] mytender.io (n.d.). Retrieved from https://www.mytender.io/ [2] mytender.io (n.d.). Retrieved from https://www.mytender.io/features [3] Fuel Ventures (2021, March 17). Fuel Ventures leads £250,000 pre-seed investment in mytender.io. Retrieved from https://fuelventures.com/news/fuel-ventures-invests-250000-in-mytender-io [4] The Foundership 2025 (n.d.). Retrieved from https://www.thefoundership.co.uk/
- The founders of mytender.io, Jamie Horsnell and Samuel Aaron, are currently undergraduates at the University of Southampton.
- mytender.io's AI capabilities are already used by over 20 customers in the construction and facilities management sectors, automating content generation and ensuring compliance.
- The investment of £250,000 secured by mytender.io will be used to developing the world's first end-to-end agentic bid writing system.
- Fuel Ventures, an early-stage tech company investor, was impressed by mytender.io's potential and made the fastest deal close they've ever made, reflecting their confidence.
- The investment will enable mytender.io to scale and further develop its market-leading platform, providing a bid writing advantage over competitors.
- mytender.io's co-founders will be joining the Fuel Ventures Cohort visit to the San Francisco Bay Area, attending the Startup Grind Conference and meeting with Founders, Investors, and Accelerators in the Fuel Ventures network in Silicon Valley.
