Bidnamic

Bidnamic

Combines advanced machine learning with human expertise to drive revenue and profits from Google Shopping adverts. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
€19—29m (Dealroom.co estimates May 2022.)
Company register number 08583680
Leeds England (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD20192020202120222023
Revenues2.2m3.7m14.5m17.3m26.8m
% growth-68 %292 %19 %55 %
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DateInvestorsAmountRound
N/A

N/A

Seed

N/A

Support Program
*

£4.0m

Series A
Total Funding€4.8m

Recent News about Bidnamic

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Bidnamic is a technology company specializing in optimizing Google Shopping ads for ecommerce businesses. The company leverages advanced machine learning algorithms combined with deep human expertise to enhance the performance of Google Shopping campaigns. Bidnamic serves ecommerce clients of all sizes, from those with hundreds to hundreds of thousands of SKUs (Stock Keeping Units), helping them to maximize revenue and profitability. Operating primarily in the digital advertising market, Bidnamic's business model revolves around providing a managed service that includes dynamic landing pages, conversion optimization, and strategic bidding on Google Shopping ads. The company generates revenue through a performance-based pricing model, where fees are tied to the success of the ad campaigns they manage. Bidnamic's technology platform was born out of the founders' own frustrations with the inefficiencies in Google Shopping ad bidding, leading them to create a solution that offers a competitive edge. Recently, Bidnamic has expanded its operations into the United States, establishing a base in Austin, Texas, and securing Series A funding to fuel further growth and innovation.

Keywords: Google Shopping, ecommerce, machine learning, ad optimization, conversion rate, SKU management, digital advertising, performance-based pricing, landing pages, revenue growth.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.