Bite Investments, a technology firm focused on the alternative investments sector, has successfully raised $25 million in funding from NewSpring Growth.
Bite’s flagship offering, Bite Stream, is a comprehensive, modular platform that serves as a centralized, cloud-based hub for managing the investor journey. This innovative solution simplifies the onboarding process and enhances communication, providing a unified portal where both limited partners and retail investors can access an overview of their holdings in one convenient location.
The new funding will be utilized to scale the technology platform, expand the team, and improve services for asset managers and investors on a global scale.
Henry Talbot Ponsonby, co-founder of Bite Investments, stated, “This investment propels us closer to our goal of integrating established expertise with cutting-edge technology and a service model designed by and for alternative managers, fundamentally transforming how we engage with investors.”