Companies / PataBid
PataBid
PataBid is an industrial and manufacturing AI company based in Calgary, Alberta. It raised a C$2M pre-seed round in October 2026 led by Graphite Ventures.
AI estimating software (Quantify) for mechanical, electrical and plumbing contractors, with the Newton construction-trained LLM.
patabid.com- Category
- Industrial/
Manufacturing AI - Status
- Active
- Disclosed raised
- C$2M
Funding history
| Round | Date | Amount | Investors |
|---|---|---|---|
| Pre-seed | Oct 20, 2026 | C$2M | Graphite Ventures (lead); Sprout Fund II, Bluesky Equities, Inverted Ventures. Led by Graphite Ventures with Sprout Fund, Bluesky Equities, Inverted Ventures and prior angel investors; funds the Newton estimating agent, in beta with a 2027 launch planned. Currency not stated in coverage; recorded as CAD |
Founders
- Melvin Newman, Co-founder, President & CTO.
In the newsletter
Sources
Data as of November 10, 2026.