Bites raises $5 mn in funding for employee-communications and training application

Bites, a developer of for employee-communications and training application, has raised $5 million in seed funding.
Bites team Eran Heffetz, Tal Nagler Almog, and Hagai Horovitz
The funding round was led by Vertex Ventures Israel. Surround Ventures, a US-Israeli VC specializing in early-stage media and eCommerce startups, Oryzn Capital, an Israeli venture focused on early-stage investments, Lyra Ventures, an ASEAN VC that invests in retail technology companies, and J-Ventures, a Silicon Valley-based fund, also invested in the company.

Bites boosts engagement and retention over existing learning management systems (LMS) by offering training content coupled with follow-up activities designed to reinforce learning. The flexible nature of the platform enables distributed and remote workforces to stay current on company practices, policies, and products without the need to install or adopt new apps or tools.

Bites is ideal for conducting remote training, reaching deskless employees wherever they are located while saving time and money. The company has experienced healthy growth, with over 500 customers using the system.

Bites was founded by Eran Heffetz, Tal Nagler Almog, and Hagai Horovitz.

Eran Heffetz, CEO at Bites, said: “This money raised will support our R&D, sales, and marketing efforts, as we execute on our aggressive go-to-market plans by approaching retailers, consumer goods companies, healthcare providers, and other verticals.”