Byte Technology

Name

Byte Technology

Legal name

Byte Technology Retail, Inc.

Website

https://bytetechnology.co

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Smart Vending and Unattended Retail Hardware

NAICS

Convenience Retailers (445131)

SIC

Wholesale-Computers & Peripheral Equipment & Software (5045)

akta.pro primary industry

Self-Checkout Kiosks & Interactive Retail Kiosks (HDACAKAH)

akta.pro secondary industry

Kiosk & Micro-Format Convenience Retail (CRAHABAD)

Keywords

• Smart vending kiosks
• RFID inventory tracking
• Unattended retail
• Fresh food micro-market
• Campus card integration

Headquarters

HQ city

San Rafael

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Technology or R&D, Supply Chain, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Hardware Sales: Byte Technology sells three types of smart kiosks: Smart Cabinet (ambient temperature control, Standard $5,500 / XL $7,000), Smart Fridge (35-40°F), and Smart Freezer (-10°F to 5°F). One-time hardware purchase with one-year warranty included.
2. Monthly Platform Subscription: $125 monthly per kiosk fee covers dedicated onboarding team, comprehensive help desk, exclusive monthly client roundtables, newsletters, and email/phone support. This is a recurring subscription revenue stream.
3. Transaction Processing Fees: 2.5% + $0.20 per transaction. Byte acts as merchant of record, providing full PCI compliance and supporting Google Wallet, Apple Pay, and EMV cards. Revenue is transaction-based and scales with usage.
4. RFID Tags: $0.15 per RFID tag. Products must be tagged with unique Byte-provided stickers for inventory tracking. Ongoing consumable expense for operators.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Byte Technology designs, manufactures, and sells RFID-enabled smart kiosks—Smart Cabinet (ambient), Smart Fridge (refrigerated), and Smart Freezer (frozen)—that enable 24/7 unattended retail of fresh food and consumer products for healthcare, education, and workplace operators. Each kiosk uses shelf-mounted RFID sensors to track inventory in real time, supports tap-grab-go checkout via card, badge, Apple Pay, or Google Wallet, and is managed remotely through the cloud-based Byte Dashboard with dynamic pricing and analytics. Revenue comes from one-time hardware sales, a $125/month per-kiosk platform subscription, 2.5% + $0.20 transaction fees, and consumable RFID tags at $0.15 each.

Product overview

Byte Technology offers a smart kiosk platform for unattended retail of food and consumer products. The product portfolio consists of three hardware kiosk types (Smart Cabinet, Smart Fridge, Smart Freezer) differentiated by temperature range for various product categories, plus supporting software including the Byte Dashboard for fleet management and Byte Academy for customer training. The platform is powered by RFID inventory tracking technology, supports campus card payments, and enables real-time pricing and discount management. Customers can purchase kiosks and pay monthly subscription and transaction fees, or subscribe to the online dashboard service. The company operates a B2B2C model serving workplaces, healthcare facilities, universities, and retail operators.

Differentiator

Problem solved

Functional benefit

Products and services

• Smart Cabinet Ambient-temperature (45–75°F) smart kiosk with open shelving and RFID inventory tracking for unattended retail of non-perishable items; available in Standard Size at $5,500 and XL Size at $7,000 with a one-year warranty included.
• Smart Fridge Refrigerated (35–40°F) smart kiosk with RFID shelf-sensor inventory tracking for 24/7 unattended retail of fresh food and beverages; pricing is quote-based and intended for healthcare, education, and workplace operators.
• Smart Freezer Frozen (-10°F to 5°F) smart kiosk with RFID shelf-sensor inventory tracking for unattended retail of frozen food products; pricing is quote-based.
• Byte Dashboard Cloud-based management platform priced at $125 per kiosk per month that provides real-time visibility into sales, inventory, temperature, and operational metrics, plus remote restocking alerts, predictive analytics, and dynamic discount configuration across the entire fleet of Byte kiosks.

Quantifiable outcome

• Over $10,000 per month additional revenue per location (CPMC case)
• +5 more outcomes

Named customers25 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration9 records

AI capability4 records

Feature6 records

Partnerships

Nine partnerships are on record, tiered core.

• CBORDcoreTechnology or Integration · 6 October 2021Campus card payment integration allowing students to use existing meal plan cards for Byte kiosk purchases. CBORD is a leading campus card provider enabling seamless transactions across campus environments.
• TransactcoreTechnology or Integration · 6 October 2021Campus payment integration supporting Transact's campus ID card ecosystem for convenient student purchases at Byte smart fridges.
• TouchNet OneCardcoreTechnology or Integration · 6 October 2021Integration with TouchNet OneCard platform enabling campus card payments at Byte vending locations.
• AtriumcoreTechnology or Integration · 6 October 2021Campus card provider integration for Atrium's card payment ecosystem at university Byte deployments.
• ITCcoreTechnology or Integration · 6 October 2021Campus card integration partner ITC enabling student ID payments at Byte smart fridge locations.
• BlackboardcoreTechnology or Integration · 6 October 2021Legacy campus card system integration mentioned on homepage for student meal plan compatibility.
• Simply Good JarscoreStrategic or Co-development Partner · 1 November 2018Fresh food retailer using Byte platform for zero-waste reusable jar distribution. Simply Good Jars expanded to 500+ locations using Byte technology, with 8 stores deployed per month at peak growth. Partnership includes ongoing collaboration on platform improvements.
• Aramark Healthcare+coreChannel Partner/ Reseller/ DistributorMajor food service operator deploying Byte Technology kiosks across healthcare client locations. Aramark manages food operations at facilities including California Pacific Medical Center.
• SodexocoreChannel Partner/ Reseller/ DistributorGlobal food service company utilizing Byte Technology smart fridges at client sites for extended food service access.

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Aramark: Major global foodservice operator and Byte channel partner. Comparable institutional customer reach in healthcare, education, and corporate segments, with adjacent interests in unattended retail deployment.
• Sodexo: Global foodservice and facilities management major with direct Byte channel partnership. Operates at comparable institutional scale and has potential to in-house or swap unattended retail technology.
• 365 Retail Markets: Micro-market and unattended retail technology platform serving break rooms and foodservice operators with broader product portfolio including POS and payments. Comparable customer base and adjacent hardware platform.
• Avanti Markets: Micro-market and vending technology provider for corporate break rooms. Comparable enterprise customer profile and self-checkout kiosk product positioning.
• USConnect: Micro-market operator and technology provider specializing in unattended retail for corporate and institutional break rooms. Comparable product offering and customer focus on workplace food access.

Others

• Compass Group: Major global foodservice operator listed as a Byte customer. Comparable institutional reach across healthcare, education, and corporate segments and potential to scale or substitute unattended retail deployments.

Emerging players

• Simply Good Jars: Fresh food retailer expanding to 500+ locations using Byte smart fridges. Acts as both customer and adjacent operator demonstrating the fresh food micro-retail model Byte enables.

Direct peers

• Farmer's Fridge: Healthy vending kiosk operator using smart fridges in workplaces, hospitals, and universities. Closest comparable business model and direct product competitor to Byte's unattended fresh food platform.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Byte Technology