Bite Tech
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Bite Tech - overview
Location
Norwalk, CT, US
Primary Industry
Consumer Products
About
Bite Tech, Inc. specializes in advanced performance mouthwear, utilizing patented ArmourBite® technology to enhance athletes' performance through innovative mouthguards and mouthpieces designed for comfort and oral protection. Bite Tech, Inc. develops advanced mouthwear solutions, originally founded by Hal Miran.
The company is headquartered in Norwalk, US. GF Capital Management invested in Bite Tech in October 2010, with financial terms undisclosed. The firm has executed a total of 1 deal since its inception. Bite Tech, Inc.
specializes in advanced performance mouthwear, primarily through its patented ArmourBite® technology, which is integrated into a range of mouthguards and mouthpieces designed for athletes. These products feature unique attributes such as antimicrobial properties from silver-ion technology, optimized fit, and flavor-enhancing beads, which collectively address the needs for improved oral protection and comfort during athletic activities. The ArmourBite® mouthguard has been endorsed by top athletes and is primarily targeted at enhancing performance for users involved in various sports, including powerlifting and soccer, thereby attracting a diverse customer base that spans professional sports franchises, NCAA programs, and high school athletic teams. The company's products are marketed across several regions, notably in the United States, Germany, and Switzerland, positioning them for growth within key athletic markets.
Bite Tech, Inc. generates revenue through a combination of direct-to-consumer sales and partnerships with distributors, such as R&B Dental Solutions in Germany, which facilitate access to international markets. The company’s flagship product, the ArmourBite® mouthpiece, is marketed as a performance-enhancing solution for athletes, contributing significantly to its revenue streams. Transactions typically involve both retail sales of individual products and partnerships with organizations like USA Powerlifting, which distribute these products to their member athletes, enhancing the market reach of Bite Tech's offerings.
The pricing structure for these products reflects their premium positioning in the athletic market, with specific pricing details aligning with the quality and innovative features of the ArmourBite® technology. Bite Tech, Inc. plans to launch new variations of its ArmourBite® technology in the upcoming year, targeting specific sports markets for enhanced performance. The company aims to expand its market presence in Europe and Asia by 2025, leveraging its recent funding from GF Capital Management.
The investment will enable the firm to enhance product development and facilitate entry into these new geographic regions.
Current Investors
GF Capital Management
Primary Industry
Consumer Products
Sub Industries
Recreational Hobbies & Sporting Goods
Website
www.bitetech.com
Verticals
Manufacturing
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Bite Tech - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | Bite Tech | - |
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