Selectbidder Inc. - NBIF - FINB
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Kevin
Barry

Selectbidder Inc.

CEO

Selectbidder Inc.
Selectbidder Inc.

Investment
$200,000

Industry
ITC

Founded
2013

Wholesale Car Dealing Made A Whole Lot Simpler

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.