Bite Investments Secures $25 Million Funding for Growth in Alternative Investment Solutions

Bite Investments Secures Strategic Growth Funding from NewSpring Capital

On September 30, 2025, Bite Investments, a leading provider of technological solutions in the alternative investment sector, announced the successful acquisition of $25 million in strategic growth capital from NewSpring Capital. This substantial funding aims to transform the firm's flagship software platform, Bite Stream, further solidifying its position in a dynamically evolving market.

Bite Stream serves as a comprehensive modular platform that centralizes the entire investor experience under one cloud-based solution. It simplifies onboarding and communication with investors, enabling both general partners and retail investors to manage their investments seamlessly in one location. This innovative tool has proven essential for clients in fundraising and investor management. As assets under management (AUM) in private markets continue to surge globally, Bite Stream is poised to usher in a new era of automation in alternative asset management.

The alternative investment landscape has long relied on outdated and isolated systems that inhibit innovation and growth. To address this challenge, Bite Investments is advancing its mission of streamlining the investor and manager experience. NewSpring's growth capital will significantly accelerate their strategy, allowing Bite Investments to close critical technological gaps in the private market landscape while enhancing efficiency, transparency, and access.

Jonathan Brassington, a partner at NewSpring Capital remarked, “Bite Investments epitomizes the kind of forward-thinking innovation that aligns seamlessly with NewSpring’s investment strategy. Their integrated platform is reshaping how private markets connect investors with managers, making the sector more transparent, scalable, and accessible. We take pride in collaborating with the Bite Investments team to amplify their global growth and help define the future of alternative investments.”

William Rudebeck, co-founder and CEO of Bite Investments, expressed enthusiasm regarding the new partnership, highlighting their search for a partner who could provide more than just capital. “We aimed for a partner that could assist Bite Investments in its journey to become the leading software solution for investors in the alternative asset management sector. NewSpring boasts a wealth of experience in digitalization within innovative software and tech service sectors, having driven significant advancements for over 25 years.”

This partnership with NewSpring is seen as a vital step towards realizing their vision of merging proven expertise, modern technology, and a service model tailored for alternative investment managers. Henry Talbot Ponsonby, also a co-founder of Bite Investments, expressed that this funding marks the beginning of an exciting new chapter for the company.