Diligence memo · auto-generated · as of July 2, 2026
Byte to Bite Industries, Inc.
Byte to Bite Industries, Inc. looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Byte to Bite Industries, Inc. operates in Restaurants, based in SHERIDAN.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Byte to Bite Industries, Inc. has raised $5.3M in disclosed capital across 4 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $2.3M on 2021-12-10.
Most recent recorded round closed around 2022-05-13.
Valuation (modeled)modeled
Provath models Byte to Bite Industries, Inc. at approximately $559K (range $151K–$2.7M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.12× the median modeled value of Seed Restaurants companies in 2022–2024 (115 peers) — value vs value, same stage and era. Issuer reports $5M–$25M revenue while modeled below niche peers.
Financing rhythm & timingmixed
Historic cadence: a new round about every 5 months.
Last raise 4.1 yr ago; this sector typically re-raises about every 13 months.
Silent for over 3× the sector's normal cadence.
The last round was 11.4× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 86% of Restaurants peers (2292 compared).
Modeled value ranks above 11% of those peers.
Closest niche peers: Fourth St Corner Qozb Llc, Please FiDi, LLC, Gravity Heights Mission Valley, LP, Boba Guys Inc., Spiritless, Inc..
Peoplefiled
3 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.