Bid Ocean

What Bid Ocean does

Bid Ocean, Inc. operates a web-based B2B marketplace that connects contractors, subcontractors, vendors, and project owners across North America for construction and general procurement opportunities. The platform aggregates bids and tenders across 150+ categories — from heavy civil work, roads, and utility construction to equipment, vehicles, specialty trades, architecture, and engineering services — and surfaces them through a searchable database, online bid packages with plans and specifications, and a dedicated Setaside Partner Finder for MBE, DBE, WBE, First Nations, Veteran, and other diversity-certified firms. The core BidOcean Platform is supplemented by Contractor Search, Subcontractor Directory, Vendor Search, Construction Projects Finder, Online Bid Packages, Setaside Partners Finder, Business Profile Listing, an automated daily email notification system, a contact database of hundreds of thousands of providers, project posting, advanced project search, and an authenticated Subscriber Portal. The company is headquartered at 320 W Ohio St, Suite 300, Chicago, IL, operates as a wholly owned subsidiary of Hubexo U.S., Inc., and was founded in 2000.

The underlying technology is a web-based procurement and business opportunity platform built around a project opportunity search engine, a curated contact database, and an automated email notification engine. Functionality includes state/county and timing filters across 100+ subcontractor specialties, project posting for buyer-side recruitment, and a setaside compliance-matching layer. The platform is delivered as a self-serve website with no native mobile app, and is currently investing in a New Subscriber Portal alongside the legacy authenticated portal.

Bid Ocean generates revenue through recurring subscription access to the platform, including portal access, search, and daily opportunity notifications, marketed as "affordable and effective" with no publicly disclosed pricing tiers. Go-to-market is a self-serve, product-led growth motion targeting contractors, subcontractors, and vendors, with direct website registration forms as the primary acquisition channel and automated daily email as the core engagement loop. Customer segments are hybrid, spanning general contractors (primary), subcontractors (primary), vendors and suppliers, government and setaside programs, and minority/diverse businesses. Customer count is described as "thousands" across North America, with the only named logo being Insituform in pipeline rehabilitation.

Name

Bid Ocean

Legal name

Bid Ocean, Inc.

Website

https://bidocean.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

51–100 employees

Short description

Bid Ocean, Inc. is a North American web-based B2B marketplace that connects contractors, subcontractors, vendors, and project owners to construction and general procurement bids across 150+ categories, delivered via subscription, searchable contact database, and automated daily email notifications as a subsidiary of Hubexo U.S., Inc.

Ownership category

akta.pro rank

Headquarters

HQ city

Grand Junction

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Subscription Access: Subscription-based access to the platform providing project opportunities, contractor/subcontractor/vendor search, bid packages, and contact database. Users pay recurring fees for portal access and daily notifications.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Bid Ocean operates a subscription-based B2B web platform that connects contractors, subcontractors, vendors, and project owners in the North American construction market. Subscribers gain access to searchable directories of contractors, subcontractors, and vendors across 150+ categories, automated daily email notifications of construction bid opportunities, online bid packages with plans and specifications, and a setaside partner finder for diverse-owned businesses.

Product overview

BidOcean is a unified B2B platform for the construction and contracting industry in North America. The platform provides a comprehensive marketplace connecting contractors, subcontractors, vendors, and project owners through integrated search directories, bid package management, project notifications, and business profile listings. The core BidOcean Platform serves as the central hub, supplemented by specialized search tools for contractors, subcontractors, vendors, and setaside partners, along with features for online bid packages, automated project notifications, contact database management, and a subscriber portal for authenticated member access.

Differentiator

Problem solved

Functional benefit

Products and services

• BidOcean Platform Subscription A subscription-based B2B web platform that connects contractors, subcontractors, vendors, and project owners across North America. Subscribers access searchable directories, automated daily email notifications of construction bid opportunities, online bid packages with plans and specifications, a curated contact database of hundreds of thousands of providers, a setaside partner finder, and an authenticated subscriber portal.

Named customers1 record

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators3 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• PlanHub: PlanHub is a free + paid construction bidding platform that connects general contractors with subcontractors and suppliers, with a paying "Pro" tier that competes head-to-head with Bid Ocean's subscription in the subcontractor-discovery category.
• BuildingConnected (Autodesk Construction Cloud): BuildingConnected (acquired by Autodesk) is a bidding platform used by general contractors to invite subcontractors to bid and manage bid ITBs; it serves the same general-vs.-subcontractor matchmaking function as Bid Ocean and is now embedded inside Autodesk's broader preconstruction suite.
• ConstructConnect: ConstructConnect is one of the largest construction bidding and preconstruction networks in North America, connecting general contractors, subcontractors, and project owners via project leads, bid management, and (post-iSqFt integration) takeoff tools — directly overlapping Bid Ocean's core marketplace offering.
• Dodge Construction (Dodge Data & Analytics): Dodge provides construction project leads, plans, and specifications across commercial, institutional, and public-sector projects — a longstanding rival in the project-discovery-and-bidding category that Bid Ocean competes with for paying subscribers.
• iSqFt (now part of ConstructConnect): iSqFt is a commercial construction bid management and takeoff platform serving general contractors and subcontractors; folded into ConstructConnect but still widely cited as a comparable SaaS for project opportunity access and bid invitation workflows like Bid Ocean's.
• Onvia (Deltek) / GovernmentBids.com: Onvia and GovernmentBids.com provide public-sector bid aggregation including construction RFPs, ITBs, and contract award data, directly overlapping Bid Ocean's coverage of government and setaside opportunities for the same North American contractor audience.
• BidNet (Periscope Source / Bonterra): BidNet is a government bid notification platform aggregating thousands of federal, state, and local procurement opportunities daily — overlapping Bid Ocean's automated daily-email-led government bid coverage.

Broad incumbents

• Procore Technologies: Procore is a broad construction management platform spanning bid management, project management, financials, and field operations; while not a pure bidding marketplace, its bid module and integrations compete with Bid Ocean at the GC level.
• Autodesk Construction Cloud: Autodesk Construction Cloud bundles BuildingConnected with BIM 360, PlanGrid, and Assemble; a multi-product incumbent whose bid-discovery component competes with Bid Ocean for general contractor relationships and budget allocation.

Emerging players

• TradeTapp (ConstructConnect): TradeTapp is a subcontractor risk and prequalification network attached to ConstructConnect; it overlaps Bid Ocean's subcontractor identification use case with a specialization on prequalification plus bidding analytics for larger GCs.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bid Ocean