Bidbus Raises $15M Series A Led by Ibex Investors to Expand Dealer-Bidding Used-Car Marketplace Beyond California and Texas二手车经销商竞价平台Bidbus完成1500万美元A轮融资,由Ibex Investors领投,拟拓展至加州、德州以外市场
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Los Angeles-based Bidbus has raised a $15 million Series A round led by early-stage mobility fund Ibex Investors, with additional investors also participating, to scale its car-selling platform beyond its current California and Texas markets.
Bidbus runs a digital marketplace where multiple dealerships bid competitively on a seller's used car, letting sellers get dealership-level offers without leaving home; founders say the resulting average offer is about $2,000 to $3,000 higher than what Carvana offers.
The model targets the gap between instant-sale services like Carvana, which can undervalue cars by thousands of dollars, and traditional dealership trade-ins, whose offers vary widely and demand extra seller time and effort — a pricing-efficiency problem increasingly relevant as digital used-car transactions scale nationally.