About Edacious
Edacious is a company based in Marlborough (United States) founded in 2022 by Eric Smith and Jill Clapperton.. Edacious has raised $14.07 million across 1 funding round. Edacious offers products and services including Food Lab and Edacious Pro Platform. Edacious operates in a competitive market with competitors including Symrise, Aroma Bit, Moodify, Aromyx and Sensorygen, among others.
- Headquarter Marlborough, United States
- Founders Eric Smith, Jill Clapperton
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Sectors
Consumer
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Email
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Phone
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Website
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Social
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- Legal Name Edacious, Pbc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$14.07 M (USD)
in 1 rounds
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Latest Funding Round
$14.07 M (USD), Series B
Jun 26, 2024
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Investors
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Employee Count
Employee Count
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Products & Services of Edacious
Edacious offers a comprehensive portfolio of products and services, including Food Lab and Edacious Pro Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Service for measuring nutrient density and safety in food items.
Platform that makes nutrition data actionable for professionals.
Funding Insights of Edacious
Edacious has successfully raised a total of $14.07M through 1 strategic funding round. The most recent funding activity was a Series B round of $14.07 million completed in June 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series B — $14.1M
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First Round
First Round
(26 Jun 2024)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Series B - Edacious | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Edacious
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Edacious
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Edacious Comparisons
Competitors of Edacious
Edacious operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Symrise, Aroma Bit, Moodify, Aromyx and Sensorygen, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Digital olfaction solutions are provided for food businesses by Symrise.
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| domain | founded_year | HQ Location |
Odor imaging sensors are developed to visualize scent patterns.
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| domain | founded_year | HQ Location |
Digital olfaction software is provided for fragrance product development.
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| domain | founded_year | HQ Location |
Biotechnology firm analyzing olfactory data for product development and sustainability insights.
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| domain | founded_year | HQ Location |
Provider of AI-powered odor imaging sensors
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Edacious
Frequently Asked Questions about Edacious
When was Edacious founded?
Edacious was founded in 2022 and raised its 1st funding round 2 years after it was founded.
Where is Edacious located?
Edacious is headquartered in Marlborough, United States. It is registered at Marlborough, Massachusetts, United States.
Who is the current CEO of Edacious?
Eric Smith is the current CEO of Edacious. They have also founded this company.
Is Edacious a funded company?
Edacious is a funded company, having raised a total of $14.07M across 1 funding round to date. The company's 1st funding round was a Series B of $14.07M, raised on Jun 26, 2024.
What does Edacious do?
Edacious was founded in 2022 in Marlborough, United States, within the food technology sector. A platform for food quality certification is offered, centered on radical transparency. Verification technologies are made accessible to businesses, encompassing environmental monitoring and product integrity assessments. Operations focus on enabling traceable supply chains for various food-related enterprises.
Who are the top competitors of Edacious?
What products or services does Edacious offer?
Edacious offers Food Lab and Edacious Pro Platform.