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 |
JavaScript
,
HTML
,
PHP
+39 more
(view full list)
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| 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 |
Looking for a particular MadBid.com employee's phone or email?
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].