BITE Data
Category: AI Agents
AI-native SaaS platform providing global trade compliance solutions, including automated screening tools, AI-driven risk analysis, and supply chain risk mitigation. BITE Data was founded in 2023. The company is led by Thariq Kara. Based in Leesburg, Virginia, United States. Team size: 10-50. Total funding raised: $3M total (all rounds). Latest round: Series Seed (.5M, Oct/Nov 2025 led by Las Olas; total M with Pre-Seed). Key investors include Las Olas Venture Capital, Blue Impact, New Dominion Angels, Techstars, Refashiond Ventures.
- Founded
- 2023
- Headquarters
- Leesburg, Virginia, United States
- Team size
- 10-50
- Total funding
- $3M total (all rounds)
Value proposition
Streamlines compliance processes via AI automation, reduces manual workload by 70%, and mitigates risks from restricted parties and non-compliant transactions
Products and solutions
BITE-Screening (automated entity screening), BITE-Score (AI-driven transaction risk scoring), Supply chain risk analytics module, Tariff and regulatory data API, AI-powered HTS and ECCN classification, Real-time trade updates monitoring
Unique value
First AI-native platform integrating real-time customs databases, restricted party lists, and multi-tier relationship analysis for compliance automation
Target customer
Global trade compliance teams, customs officers, and supply chain risk managers in multinational corporations
Industries served
Global trade compliance, Supply chain management, Customs and border security, Export control, Import/export operations
Technology advantage
Proprietary AI models trained on 100,000+ watchlisted entities and customs data, enabling fuzzy matching and predictive risk scoring for trade transactions
How they differentiate
BITE Data differentiates itself through AI-native automation for global trade compliance, reducing manual screening time by 70% and classification errors by 50%. They focus on real-time compliance data and supply chain risk mitigation, whereas competitors often rely on traditional rule-based systems or narrower AI applications.
Main competitors
Descartes Visual Compliance, Cleareye.ai, Webb Fontaine, Amber Road (now part of E2open), Integration Point
Key partnerships
Las Olas Venture Capital (lead investor), New Dominion Angels, Blue Impact Venture Capital, Techstars, Refashiond Ventures
Notable customers
Not publicly disclosed
Major milestones
Launched AI-powered SaaS platform for trade compliance in 2023, Secured $3M in funding across Pre-Seed and Series Seed rounds, Achieved 70% reduction in manual screening time for early adopters, Expanded team from 10-50 employees post-funding
Growth metrics
Achieved 70% reduction in manual screening time for early adopters, 50% reduction in classification errors
Market positioning
Positioned as an innovator in AI-driven trade compliance automation, targeting mid-to-large enterprises with complex global supply chains
Geographic focus
Primarily serves North American and European markets, with expanding capabilities for global trade compliance (including Asia-Pacific and emerging markets)
Patents and IP
Not disclosed in public records (as of 2025)
About Thariq Kara
Former senior technical role at US Immigration and Customs Enforcement (ICE), entrepreneur and technologist with background in designing and building early generation Big Data systems, founded NU Borders LLC in 2015, has expertise in software engineering, data science, and trade compliance
Official website: https://bitedata.io/