New Dominion AngelsBlue Impact Venture CapitalLas Olas Venture Capital
Description
BITE Data Corporation, a SaaS company focused on global trade compliance, has closed a Series Seed round totaling $2.5m. The investment was led by Las Olas Venture Capital with support from New Dominion Angels and Blue Impact Venture Capital. This funding builds on a previous Pre-seed round of $500,000, making the total funding raised $3m. The company aims to leverage AI to modernize workflows in trade compliance.
Company Information
Company
BITE Data Corporation
Location
Leesburg, Virginia, United States
About
BITE Data Corporation is an AI-native SaaS company providing global trade compliance solutions. Founded in 2023 by former US customs personnel, BITE Data aims to build automation tools that support compliance teams in a legacy industry. With a strong focus on leveraging AI advancements, the company seeks to modernize global trade operations. Their technology is designed to enhance speed, accuracy, and accountability in managing compliance risk and cross-border operations.
Fundz sees it the moment BITE Data Corporation raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.