Bite Stream Secures $25 Million from NewSpring Capital

Bite Investments announced securing $25 million from NewSpring Capital for its flagship software, Bite Stream. This investment marks a significant milestone in their aim to streamline the investor experience and democratize alternative investments. The funding will help scale the platform, expand the team, and enhance global services. Bite Stream offers an end-to-end, cloud-based platform for managing all stages of the investor journey, emphasizing automation within alternative asset management.

The new capital will allow Bite Investments to unify investor and manager experiences, enhancing efficiency and transparency. This aligns with NewSpring's strategy to invest in fast-growing tech firms. Jonathan Brassington of NewSpring praised Bite's innovative platform for redefining private market connectivity. With this partnership, Bite Investments aims to strengthen its global reach and innovation capabilities.