Company Overview
Snapshot
Founded in April 2014 by Etai Granit and Elad Azaria, BitBite operated with 1–10 employees. The company raised $500,000 across two funding rounds from two investors. In December 2017, BitBite ceased operations.
Business overview
BitBite developed an earpiece designed to monitor eating patterns, providing real-time dietary advice to help users eat healthier and manage weight. The device wirelessly connected to smartphones or wearable devices, analyzing eating sounds to report bites and chews per meal. It was cloud-connected, offering nutritional content analysis and making recommendations based on user eating patterns and real-time food selection. BitBite operated within the Consumer Electronics sector, specifically targeting the Digital Healthcare, Digital Therapeutics, and Health Tech & Life Sciences markets with a B2C business model.
Strategic signal
In December 2017, BitBite ceased operations, indicating a significant closure for the company. This event signals to investors and innovation teams the challenges faced by the startup in the wearable health technology market, despite initial product development and funding.
Log in to access full profile ›Company Intelligence Q&A
- What is BitBite's current operational status?
- BitBite is currently non-active, having ceased operations in December 2017.
- When was BitBite founded and by whom?
- BitBite was founded in April 2014 by co-founders Etai Granit and Elad Azaria.
- What was BitBite's core product?
- BitBite's core product was an earpiece designed to monitor eating patterns, providing real-time dietary advice and nutritional content analysis to users.
- How much capital did BitBite raise?
- BitBite raised a total of $500,000 across two funding rounds.