Bidnamic
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | 2.2m | 3.7m | 14.5m | 17.3m | 26.8m |
% growth | - | 68 % | 292 % | 19 % | 55 % |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | N/A | Seed | |
N/A | Support Program | ||
* | £4.0m | Series A | |
Total Funding | CAD7.2m |
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Recent News about Bidnamic
EditBidnamic 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.