Series A · Edtech
Bites raises $40m Series A for frontline training
PeakSpan Capital leads the round as Bites expands US sales and develops performance-linked training.
Bites announced a $40 million Series A on October 29, led by PeakSpan Capital. Existing investors Vertex Ventures Israel, Horizon Capital, Rittenhouse Ventures and Lyra Ventures also participated. Phil Dur and Charlie Reinkemeyer of PeakSpan will join the board.
The company delivers short training videos to frontline staff through messaging and collaboration tools. The financing will support US commercial expansion, partner channels and technology that connects operational data with targeted training and measurable business outcomes.
Use of funds
Expand US enterprise sales and customer success
Develop data-driven frontline training and partner distribution
Funding history
Series A · This round$40M