FundedIQ
Cloud Management

Patabid: Funding, Investors & Team (Nov 2026)

PataBid offers cloud-based MEP estimating software with AI-driven takeoff, real-time supplier pricing, and public tender aggregation tools.

www.patabid.com LinkedIn Okotoks, Canada 1-10 employees Founded 2017
Total raised
$2.0M
Rounds
1
Latest
Pre-Seed
Oct 2026

Patabid has raised $2.0M across 1 funding round on record, the most recent a Pre-Seed of $2.0M announced in Oct 2026.

That round is in line with the $2.2M median round size for Canada companies tracked on FundedIQ over the last two years.

Patabid Company Profile and Key Stats

Total funding raised
$2.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Pre-Seed
$2.0M in Oct 2026
Employees
1-10
reported band
Founded
2017
Headquarters
Okotoks, Canada
Investors on record
4
4 named below

Latest funding round on record: Oct 2026.

Patabid Funding Rounds

Date
Round
Amount
Pre-Seed
$2.0M

Patabid Investors

Graphite Ventures Sprout Fund LP Inverted Ventures Bluesky Equities

Patabid Founders and Leadership Team

Name
Role
Contact
Melvin Newman
President
Locked

Contact details for the Patabid team: 1 of 1 has an email address on file, 1 has a LinkedIn profile.

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Patabid Funding in Context

Segment
Companies
Median round
3,117
$2.2M
6,117
$600K

Patabid's latest round of $2.0M is in line with the median round in Canada. Medians cover the last 24 months of disclosed rounds.

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Patabid Funding FAQs

What does Patabid do?

PataBid offers cloud-based MEP estimating software with AI-driven takeoff, real-time supplier pricing, and public tender aggregation tools.

How much funding has Patabid raised?

Patabid has raised $2.0M across 1 round on record. The most recent is a Pre-Seed of $2.0M announced in Oct 2026.

When did Patabid last raise funding?

Patabid's most recent funding round on record is a Pre-Seed of $2.0M, announced in Oct 2026.

Who has invested in Patabid?

Investors on record for Patabid include Graphite Ventures, Sprout Fund LP, Inverted Ventures, Bluesky Equities.

Where is Patabid headquartered?

Patabid is based in Okotoks, Canada.

How many employees does Patabid have?

Patabid is in the 1-10 employee band.

When was Patabid founded?

Patabid was founded in 2017.

About FundedIQ's Patabid Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Patabid is left off this page rather than filled in.

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