"Bite Raises $9M in Series A Funding to Accelerate Growth and Expand Intelligent Kiosk Solutions for Restaurants"

Bite's Series A Funding

Key Highlights:

• Series A Funding: Bite, a provider of intelligent kiosk solutions for restaurants, raised $9 million in Series A funding.
• Investors: Funding led by Staley Capital, with participation from Graham Partners, Food-X, One Way Ventures, and Tamarisc Ventures.
• Growth and Expansion: Funds will be used to accelerate growth, focus on enterprise restaurant brands, scale technology solutions, onboard new clients, and invest in technology capabilities, including Bite's patented Artificial Intelligence, Bite Lift.

Bite's Target Market

• Target Market: Fast-casual and quick-serve restaurants, as well as convenience stores offering made-to-order food.
• Enterprise Restaurant Brands: Focus on serving large restaurant chains and brands looking to enhance their ordering process and customer experience.
• Emerging Fast Casual Brands: Partnering with up-and-coming fast-casual brands to provide innovative kiosk solutions.

What Bite Needs to Buy

• Restaurant Technology Integration: Collaborating with restaurant technology providers to seamlessly integrate Bite's kiosk ordering software into existing tech stacks.
• Enterprise Restaurant Partnerships: Establishing partnerships with large restaurant chains and brands to implement Bite's intelligent kiosk solutions.
• Technology Development: Investing in research and development to enhance Bite's technology capabilities, including its patented Artificial Intelligence, Bite Lift.