Downtobid
Downtobid is a US-based SaaS company that provides an AI-powered construction bidding platform with two products: an ITB Tool for commercial general contractors that auto-detects trade packages from PDF plans and sends personalized invitations, and a Bid Board for subcontractors that consolidates bid invites, deadlines, and RFIs. The company monetizes through low-cost per-organization subscriptions and free subcontractor access, and serves thousands of commercial contractors across the United States.
- Company typePrivate
- Founded2018
- HeadquartersNew York, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Downtobid does
Downtobid is a privately-held, US-based software company that operates an AI-powered construction bidding platform serving commercial general contractors and trade subcontractors. The company is operated by the legal entity Basis Construction Inc., was established around 2018-2019, and is headquartered in New York with a headcount between 11 and 50 employees. The platform is sold as a direct SaaS product with no public funding, no API, and no international operations.
The product is built around two integrated tools. The ITB Tool allows general contractors to upload PDF plan sets; proprietary AI reads each sheet, identifies trade packages, drafts scope notes, and sends personalized invitations to bid directly from the contractor's own email domain while tracking bid coverage in real time. The Bid Board gives subcontractors a unified dashboard to view every invite, deadline, and RFI in one place, with calendar views, team assignment, and duplicate-bid prevention. Underlying capabilities combine computer vision on plan documents, natural language processing for scope drafting, and generative AI for invite and package text. The company maintains a verified subcontractor database spanning all US states with trade-level detail, which is used both to enrich CSV imports and to support a self-serve contractor search directory.
Downtobid monetizes primarily through recurring subscriptions: general contractors pay $149 per organization per month (or $1,650 annually) for the ITB Tool with up to three seats, while subcontractors access planrooms and bid submission for free and can upgrade to a $119 per month 'leads' tier or a $299 per month full Bid Board. Free subcontractor access is intentional and drives network effects on the GC side. Pricing is publicly disclosed and positioned against percentage-of-revenue models used by larger incumbents such as Procore and BuildingConnected. Distribution is product-led with a self-serve free trial for GCs and a sales-assisted demo path for enterprise accounts; marketing emphasizes comparison and SEO content targeting competitor brand queries.
Downtobid firmographics
Firmographics- Name
- Downtobid
- Legal name
- Basis Construction Inc.
- Website
- https://downtobid.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Downtobid is a US-based SaaS company that provides an AI-powered construction bidding platform with two products: an ITB Tool for commercial general contractors that auto-detects trade packages from PDF plans and sends personalized invitations, and a Bid Board for subcontractors that consolidates bid invites, deadlines, and RFIs. The company monetizes through low-cost per-organization subscriptions and free subcontractor access, and serves thousands of commercial contractors across the United States.
- Ownership category
- akta.pro rank
Downtobid industry classification
Industry- Product category
- Construction Bidding Software
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Contract Administration Support (PO/Contract Compliance) (BPAAAJAE)
Keywords
Where Downtobid is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Markets served
Downtobid business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- ITB Tool Subscription (General Contractors): Monthly or annual subscription for General Contractors to access the AI-powered bid package creation and ITB sending platform. Includes up to 3 users at base tier.
- Bid Board Subscription (Subcontractors): Tiered subscription for subcontractors - basic 'leads' tier at $119/mo and full bid management software at $299/mo. Basic access to planrooms and bid submission remains free.
- User Expansion: Organization-level pricing that can expand as teams grow. Additional users beyond the included 3 can be added to ITB Tool subscriptions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | ITB Tool for General Contractors - Organization subscription |
| Subscription | Annual | ITB Tool for General Contractors - Annual billing |
| Subscription | Monthly | Bid Board Basic (Leads) for Subcontractors |
| Subscription | Monthly | Bid Board Full for Subcontractors |
| Freemium | Pay-as-you-go | Free Subcontractor Access |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
Downtobid product offering
Product offeringCore offering
Downtobid is an AI-powered construction bidding SaaS platform consisting of two products: the ITB Tool for General Contractors, which ingests PDF plan sets, auto-detects trade packages, drafts scope notes, and sends personalized Invitations to Bid from the GC's own email domain; and the Bid Board for Subcontractors, a unified dashboard that consolidates bid invites, deadlines, and RFIs with team assignment and coverage tracking. The platform targets commercial construction and positions itself as a transparent, flat-fee alternative to percentage-priced competitors.
Product overview
Downtobid is an AI-powered construction bidding platform consisting of two integrated products: the ITB Tool for General Contractors and the Bid Board for Subcontractors. The ITB Tool enables GCs to upload construction plans, have AI automatically detect and organize trade packages, generate scope notes, and send personalized invitations directly from their own email. The Bid Board gives subcontractors a unified dashboard to track all bid invites, deadlines, and communications in one place. The platform is designed as a transparent, cost-effective alternative to percentage-based pricing models, with subscription pricing for both user segments.
Differentiator
Problem solved
Functional benefit
Products and services
- ITB Tool AI-powered bid management platform for General Contractors in commercial construction. Users upload PDF plan sets, and the AI automatically detects trade packages, drafts scope notes, and prepares personalized Invitations to Bid that are sent from the contractor's own email domain. Includes real-time bid coverage tracking showing who has opened invites, who is bidding, and who needs follow-up. Includes up to 3 users at base tier with optional user expansion.
- Bid Board Bid management dashboard for commercial trade subcontractors that consolidates all bid invitations, deadlines, and RFIs into a single view. Includes a calendar view of deadlines, estimator assignment tracking, and bid progress monitoring to prevent double-bidding. Basic planroom access and bid submission are free; the paid Bid Board tier adds advanced lead-finding, deadline management, and team collaboration features.
Quantifiable outcome
- 15 minutes to create bid packages vs 2+ hours manually (GH Pastor case study)
- +2 more outcomes
Companies that use Downtobid
Customer profileNamed customers29 records
Segments2 records
Ideal customer profiles3 records
Downtobid technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability6 records
Feature4 records
Downtobid partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered minor.
- BuildingConnectedminorDowntobid positions itself as a trusted alternative to BuildingConnected, one of the leading construction bid management platforms. The comparison pages highlight differences in AI capabilities, pricing models (per-user vs revenue percentage), and email personalization features.
- SmartBidminorDowntobid positions itself as a trusted alternative to SmartBid, highlighting advantages in AI-powered bid package creation and transparent pricing.
- PlanHubminorDowntobid positions itself as a trusted alternative to PlanHub, emphasizing personalized ITBs from GC's own email vs portal emails.
- iSqFtminorDowntobid positions itself as a trusted alternative to iSqFt in comparison content.
- ConstructConnectminorDowntobid positions itself as a trusted alternative to ConstructConnect.
- ProcoreminorDowntobid positions itself as a transparent pricing alternative to Procore, which uses revenue percentage pricing (0.1-0.2% of construction costs).
- Pantera ToolsminorDowntobid positions itself as a trusted alternative to Pantera Tools.
- BidMailminorDowntobid positions itself as a trusted alternative to BidMail, highlighting AI-powered features not available in basic email-based bidding tools.
Scale indicators5 records
Recent moves5 records
Expansion highlights5 records
Downtobid competitors and assessment
Company assessmentDirect peers
- BuildingConnected: Direct competitor offering bid management and ITB tools for commercial GCs, now owned by Autodesk and bundled into Autodesk Construction Cloud. Closest functional competitor and the primary alternative Downtobid positions against.
- SmartBid: Bid management platform owned by ConstructConnect serving commercial GCs to create ITBs and manage sub communications. Direct competitor with overlapping GC and sub-side functionality.
- PlanHub: Construction bid management platform connecting GCs and subcontractors with planroom, ITB, and bid tracking features. Direct competitor named explicitly on Downtobid's comparison pages.
- ConstructConnect: Large construction data and bid management network owning iSqFt and SmartBid. Competes with Downtobid both as a bid management platform and as a broader pre-construction data provider.
- iSqFt: Bid management and planroom platform for commercial construction owned by ConstructConnect. Direct competitor serving the same GC and sub personas as Downtobid.
- Pantera Tools: Bid management platform purpose-built for subcontractors to find, track, and manage commercial bid opportunities. Direct competitor on the sub-side Bid Board product.
Broad incumbents
- Procore Technologies: Dominant construction management suite spanning project management, financials, field operations, and bidding. Sells bidding as part of a broader platform on revenue-percentage pricing, competing with Downtobid on suite value rather than point-solution economics.
- Autodesk Construction Cloud: Integrated construction suite from Autodesk including BuildingConnected, BIM 360, and Assemble. Bundles bidding with design and project management, representing the suite-bundling threat to point-solution vendors like Downtobid.
Emerging players
- Buildertrend: Construction project management platform primarily serving residential builders with scheduling, customer management, and bidding modules. Adjacent competitor that overlaps Downtobid's pre-construction workflows in a different vertical.
- JobTread: Construction estimating and project management software for small-to-mid commercial and residential builders. Emerging competitor in pre-construction workflows with overlapping buyer personas.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Downtobid social profiles
Digital presenceDowntobid financial estimates
Financial estimateRevenue estimate
Valuation estimate
Downtobid leadership team
Management profileNumber of profiles
Profiles1 record
Downtobid funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Downtobid M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Downtobid
What does Downtobid do?
Downtobid is an AI-powered construction bidding SaaS platform consisting of two products: the ITB Tool for General Contractors, which ingests PDF plan sets, auto-detects trade packages, drafts scope notes, and sends personalized Invitations to Bid from the GC's own email domain; and the Bid Board for Subcontractors, a unified dashboard that consolidates bid invites, deadlines, and RFIs with team assignment and coverage tracking. The platform targets commercial construction and positions itself as a transparent, flat-fee alternative to percentage-priced competitors.
Is Downtobid a public or private company?
Downtobid is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Downtobid founded?
Downtobid was founded in 2018. It employs 11 to 50 people.
Where is Downtobid based?
Downtobid is headquartered in New York, United States, in the North America region.
How does Downtobid make money?
Three revenue lines are on record. ITB Tool Subscription (General Contractors) is the primary driver. The others are bid Board Subscription (Subcontractors) and user Expansion.
Who are Downtobid's main competitors?
Direct peers on record are BuildingConnected, SmartBid, PlanHub, ConstructConnect, iSqFt and Pantera Tools. Broad incumbents are Procore Technologies and Autodesk Construction Cloud. Emerging players are Buildertrend and JobTread.
Does Downtobid have an API?
No public API is recorded for Downtobid.
What industry is Downtobid in?
Downtobid's product category is Construction Bidding Software. Its primary akta.pro industry code is BPAAAJAE, Contract Administration Support (PO/Contract Compliance). Its SIC code is 7372.