Bite Stream, a provider of fundraising and investor management software, has merged with Untap, an AI-powered portfolio management and reporting solution, creating Bite Stream+, a unified platform designed to streamline private markets asset management.

The newly formed platform aims to eliminate inefficiencies by integrating multiple processes—fundraising, investor relations, and portfolio management—into a single, intuitive system. With AI-driven portfolio monitoring, automated data collection, and performance tracking, private equity firms and other alternative asset managers can enhance efficiency, reduce manual workflows, and make data-driven investment decisions.

“This merger is more than just a step forward — it’s a transformation in how fund managers operate,” said Juan Manrique, co-founder and CEO of Untap. “Together, we’re giving our clients a competitive edge by removing complexity, improving efficiency, and setting a new benchmark for digital fund management.”

The move aligns with a growing trend in private equity, where firms increasingly rely on technology-driven solutions to manage investor communications, compliance, and performance analytics. With increasing demand for real-time insights and operational transparency, fund managers are turning to digital platforms like Bite Stream+ to replace fragmented, outdated systems.

Private equity firms investing in fund administration technology, financial infrastructure, and SaaS solutions may also see this development as an opportunity for potential investment or strategic partnerships.

By consolidating multiple back-office functions into one seamless platform, Bite Stream+ is set to reshape the way alternative investment firms manage their operations, allowing fund managers to focus on value creation, deal execution, and investor engagement.