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Bites has completed a $40 million Series A funding round led by PeakSpan Capital, bringing total funding to $55 million. According to CTech, its AI Studio can turn documents and standard operating procedures into branded training videos within minutes; each "Bite" is up to 90 seconds long, supports more than 150 languages, and is delivered via WhatsApp, SMS, Microsoft Teams and Slack. The company says customers typically achieve engagement rates above 90% within three weeks, with a net revenue retention rate of 161%. No further developments have been disclosed.
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Bites raises $40M Series A to bring AI training to frontline workersDevelopments
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Oct 29
CTech
Bites raises $40M Series A to bring AI training to frontline workers
Bites has raised a $40 million Series A led by PeakSpan Capital, bringing its total funding to $55 million. Its AI Studio can turn documents and standard operating procedures into branded training videos within minutes; each "Bite" is up to 90 seconds long, supports more than 150 languages, and is delivered via WhatsApp, SMS, Microsoft Teams and Slack. The company says customers typically achieve over 90% engagement within three weeks, with a net revenue retention rate of 161%.