SelectBidder Inc. is a technology company based in Moncton, NB that has developed a proprietary platform to allow new and used-car dealers to lower costs and increase profits on their wholesale vehicle inventory. SelectBidder’s sophisticated mobile/web auction tool enables the efficient remarketing of vehicles without the high costs associated with physical auction houses. Through innovative product features, including “Trusted Buyer Zones” and a “Second Look” feature, Select Bidder is leveraging the hidden value of social networks to drive bidding and achieve true market value for sellers. During its beta stage, early adopters quickly averaged 70% of posted vehicles sold with little or no hassle.
Prior to Selectbidder, CEO Sean Liptay was GM and VP of Great Northern Auction Ltd, the largest wholesale public auto auction in Eastern Canada. Kevin Berry, COO, brings 20 years of expertise in the software business. Prior to opening T4Gs Moncton office in 2008, Kevin was an early employee at Whitehill Technologies, acting as VP Sales before their acquisition by Skywire and eventually Oracle. CTO Ken Bodnar has over 30 years’ experience as a software developer in government, defence, banking and retail. His strength is in large-volume transactional data, security and architecture.