Diligence memo · auto-generated · as of July 2, 2026
Bite Ninja, Inc.
Bite Ninja, Inc. looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Bite Ninja, Inc. operates in Fintech, based in Memphis, TN, USA. Remote labor for restaurants
Sub-sector tags: Artificial Intelligence, Food Service Robots & Machines, SaaS, fintech, food-beverage.
Capital & rounds (filed)filed
Bite Ninja, Inc. has raised $15M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series A (a $4.0M–$15M round).
Largest single filing: $11M on 2022-02-18.
Most recent recorded round closed around 2022-02-18.
Valuation (modeled)modeled
Provath models Bite Ninja, Inc. at approximately $165M (range $15M–$614M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 2.57× the median modeled value of Series A Fintech companies in 2022–2024 (32 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 4 months.
Last raise 4.4 yr ago; this sector typically re-raises about every 12 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 3.3× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 91% of Fintech peers (1063 compared).
Modeled value ranks above 92% of those peers.
Closest niche peers: Thndr, Peach Payments, Kinside Inc., Plerk Holdings LLC, GroMo, Inc..
Peoplefiled
2 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.