About Food Genius
Food Genius is a company based in Chicago (United States) founded in 2010 was acquired by US Foods in April 2016. It operates as a Data-as-a-Service. Food Genius has raised $1.97 million across 4 funding rounds from investors including US Foods, IDEO and Pritzker Group. Food Genius offers products and services including Food Insights & Analysis. Food Genius operates in a competitive market with competitors including DTiQ, Expo, Brizo Data, Tenzo and Tab, among others.
- Headquarter Chicago, United States
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Sectors
ConsumerTechnology
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Phone
*********
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Website
*********
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Social
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- Legal Name Food Genius, Inc.
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Products & Services of Food Genius
Food Genius offers a comprehensive portfolio of products and services, including Food Insights & Analysis. 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.
Data-driven insights are provided for food industry decisions.
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Funding Insights of Food Genius
Food Genius has successfully raised a total of $1.97M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $740 thousand completed in September 2013. 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 4
- Last Round Seed — $740,002
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First Round
First Round
(23 Jun 2011)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2013 | Amount | Seed - Food Genius | Valuation |
investors |
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| Sep, 2012 | Amount | Seed - Food Genius | Valuation |
investors |
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| Oct, 2011 | Amount | Debt – Conventional - Food Genius | Valuation |
investors |
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| 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 |
Investors in Food Genius
Food Genius has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include US Foods, IDEO and Pritzker Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investments in SaaS, marketplace, and middle market companies are managed.
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Founded Year | Domain | Location | |
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Online lottery results for Singapore Pools are facilitated.
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Founded Year | Domain | Location | |
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Seed stage VC firm investing in the US
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Food Genius
| 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 - Food Genius
| 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 |
Food Genius Comparisons
Competitors of Food Genius
Food Genius 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 DTiQ, Expo, Brizo Data, Tenzo and Tab, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of digital business training solutions and software
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| domain | founded_year | HQ Location |
Analytics solutions for restaurant ratings, reviews, and performance are provided.
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| domain | founded_year | HQ Location |
Cloud-based predictive analytics are delivered to restaurants for customer insights.
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| domain | founded_year | HQ Location |
SaaS platform for restaurant management and sales forecasting is utilized.
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| domain | founded_year | HQ Location |
Analytical software solutions for restaurants are provided.
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| domain | founded_year | HQ Location |
Business intelligence platform tailored for restaurants.
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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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Frequently Asked Questions about Food Genius
When was Food Genius founded?
Food Genius was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Where is Food Genius located?
Food Genius is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Is Food Genius a funded company?
Food Genius is a funded company, having raised a total of $1.97M across 4 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $160K, raised on Jun 23, 2011.
What does Food Genius do?
Food Genius is engaged in providing data-driven insights and analytics for the food industry. Solutions are developed to support US Foods customers with menu product insights, pricing strategies, and statistical analyses. The company operates as an innovative RD lab, exploring complex questions and inventing new technologies from its headquarters in Chicago. Sectors served include food service and culinary markets, with a focus on empowering sales and tech teams through actionable data.
Who are the top competitors of Food Genius?
Food Genius's top competitors include DTiQ, Brizo Data and Expo.
What products or services does Food Genius offer?
Food Genius offers Food Insights & Analysis.
Who are Food Genius's investors?
Food Genius has 6 investors. Key investors include US Foods, IDEO, Pritzker Group, SALJU4D, and Amicus Capital.