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MadBid was founded in 2008 by professionals with backgrounds at some of the world’s leading financial and consulting institutions, including L.E.K. Consulting, Goldman Sachs and Deutsche Börse. Originally launched as an innovative eCommerce platform, MadBid became widely known for its penny-auction model and later expanded with additional shopping features such as “Buy Now” and “Earned Discount”. The company quickly attracted international attention. MadBid was featured and discussed by major media outlets around the world, from Sina in China to the BBC, TechCrunch and The Sunday Times in the UK. Its growth and innovation also received industry recognition. MadBid was named among the Red Herring Europe Top 100 in 2012, ranked 41st in The Sunday Times Tech Track 100, and became a Top 10 finalist at the National Business Awards in the Small Online Business of the Year category. MadBid Today Today, MadBid.com has evolved into a trusted guarantor and intermediary for social media transactions, helping buyers and sellers conduct deals involving social media accounts, pages, channels, communities and other digital assets more securely. MadBid acts as an independent third party between the buyer and seller. Instead of relying solely on trust between two strangers, the parties can use MadBid to structure the transaction and reduce the risks associated with direct payments and asset transfers. The service is designed for transactions involving assets across major social and digital platforms, including Instagram, Facebook, TikTok, YouTube, Telegram, X (Twitter) and other online communities. MadBid’s role is simple: make social media transactions safer for both sides. From its beginnings as one of Europe’s notable eCommerce startups to its current role as a guarantor for digital transactions, MadBid continues to focus on the same principle that defined the original platform — creating infrastructure that makes online transactions easier and more secure.

Website http://www.madbid.com/
Revenue $1 million
Employees 8 (4 on RocketReach)
Founded 2008
Phone +44 20 7828 1830
Technologies
Industry Retail, Auctions, E-Commerce, Ecommerce, Business Services, Commerce and Shopping, Auction, Online Auctions, Entertainment Shopping, Shopping, Gamification
Web Rank 2 Million
Keywords Penny Auction, Bidding Platform, Online Bidding, Discount Shopping, Auction Site, Auction Marketplace, Bargain Shopping, Deals Website, Daily Deals, Online Deals, Online Marketplace, Discount Marketplace, Discounted Products, Reduced Price Items, E Commerce, Online Retail
Competitors DealDash, QuiBids, Swoopo, Bido, Treetopia, BidRodeo, Woot, Inc., BuddBid, Omaze, BidX.com Inc +11 more (view full list)
SIC SIC Code 7389 Companies, SIC Code 738 Companies, SIC Code 73 Companies

MadBid.com Questions

The MadBid.com annual revenue was $1 million in 2026.

Amit Patel is the VP of Marketing and Product Owner of MadBid.com.

4 people are employed at MadBid.com.

The SIC codes for MadBid.com are [7389, 738, 73].

Top MadBid.com Employees

G2 Leader Summer 2026 G2 Best Est ROI Mid-Market Summer 2026 G2 Easiest Admin Mid-Market Summer 2026 G2 Most Implementable Summer 2026 G2 Best Results Mid-Market Summer 2026 G2 Lead Capture Mid-Market Summer 2026 Inc Fastest Growing Private Companies 2026 Inc Best Workplace 2026
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