BidOut aims to overhaul oil and gas bidding process, raises pre-seed funding

A Houston-based startup wants to digitize procurement and bidding processes at oil and gas companies.

Launched in 2021 by co-founders Rodney Giles and Tyler Cherry, works with oil and gas clients, engineers and procurement offices on finding new service providers, soliciting and awarding requests for proposals, and more. The pair wanted to build a product that could enable anybody at the company, from an executive to a worker in the field, to create a formal RFP in 60 seconds or less.



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