Charleston area tech startup Bidr works fundraising arena

By Allison Prang
The Post and Courier

If success in business is measured in victories at startup pitch competitions, local software company Bidr is off to a good start.

 The budding Mount Pleasant-based software firm has earned more than $110,000 from two such contests this year, with most of the money coming from a $100,000 investment from Steve Case, co-founder of AOL and now a well-known venture capitalist.
Bidr also aced a pitch contest at Dig South, a tech conference held in Charleston earlier this spring.
 

 Raising money is also the premise of Bidr’s product – the more money its clients make, the more it can rake in.
 

Bidr has developed a mobile-based fundraising system for nonprofits that can use it to sell tickets to their events. It also enables donors to use text messages to submit offers on silent auction items even if they aren’t present and before an event starts. The online tool also relays back to bidders, also via text, information about their bids.

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