About FoodLogiQ
FoodLogiQ is a company based in Durham (United States) founded in 2006.. FoodLogiQ has raised $29.5 million across 4 funding rounds from investors including Tyson Foods, Testo and Nicola Wealth. The company has 39 employees as of December 31, 2022. FoodLogiQ offers products and services including FoodLogiQ Compliance, FoodLogiQ Quality Management, FoodLogiQ Traceability, Genesis Foods, and AskReg AI. FoodLogiQ operates in a competitive market with competitors including Toast, SpotOn, Tillster, Olo and Zenput, among others.
- Headquarter Durham, United States
- Employees 39 as on 31 Dec, 2022
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Sectors
RetailConsumer Agriculture
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Foodlogiq, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$29.5 M (USD)
in 4 rounds
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Latest Funding Round
$10 M (USD), Series B
Jun 18, 2019
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Investors
Tyson Foods
& 6 more
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Employee Count
39
as on Dec 31, 2022
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Products & Services of FoodLogiQ
FoodLogiQ offers a comprehensive portfolio of products and services, including FoodLogiQ Compliance, FoodLogiQ Quality Management, FoodLogiQ Traceability, Genesis Foods, and AskReg AI. 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.
Manages supply chain transparency and regulatory compliance for food companies.
Captures incidents and improves supply chain quality over time.
Enables FSMA-compliant tracking from farm to fork.
Handles supplement formulation and labeling processes.
Assists with regulations in nutritional labeling and safety.
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Board Team
2 people
Leadership Team
1 people
Product Management Team
1 people
Software Development Team
1 people
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Funding Insights of FoodLogiQ
FoodLogiQ has successfully raised a total of $29.5M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $10 million completed in June 2019. 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 Series B — $10.0M
- First Round First Round
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2019 | Amount | Series B - FoodLogiQ | Valuation | Testo , Clarkston Consulting | |
| Mar, 2018 | Amount | Series B - FoodLogiQ | Valuation | Renewal Funds | |
| Sep, 2017 | Amount | Series A - FoodLogiQ | Valuation | Renewal Funds |
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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 FoodLogiQ
FoodLogiQ has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Tyson Foods, Testo and Nicola Wealth. 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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Growth equity capital is provided by GHC Partners for industrial innovation.
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Founded Year | Domain | Location | |
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Aliment Capital is focused on sustainable food system investments.
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Founded Year | Domain | Location | |
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Renewal Funds is engaged in impact investing for sustainable change.
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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 FoodLogiQ
| 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 - FoodLogiQ
| 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 |
Foodlogiq Comparisons
Competitors of FoodLogiQ
FoodLogiQ 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 Toast, SpotOn, Tillster, Olo and Zenput, 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 |
Restaurant operations are managed via a cloud-based platform.
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Provider of cloud-based POS software solutions for businesses and service providers
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| domain | founded_year | HQ Location |
SaaS solutions for restaurant online ordering and analytics are offered.
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| domain | founded_year | HQ Location |
Olo is recognized as a restaurant technology platform provider.
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| domain | founded_year | HQ Location |
Zenput is utilized as an operations execution platform for multi-unit operators.
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| domain | founded_year | HQ Location |
Delivery channels management software is provided 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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Latest news on Foodlogiq
Frequently Asked Questions about FoodLogiQ
When was FoodLogiQ founded?
FoodLogiQ was founded in 2006 and raised its 1st funding round 9 years after it was founded.
Where is FoodLogiQ located?
FoodLogiQ is headquartered in Durham, United States. It is registered at Durham, North Carolina, United States.
Who is the current CEO of FoodLogiQ?
Sean O Leary is the current CEO of FoodLogiQ.
Is FoodLogiQ a funded company?
FoodLogiQ is a funded company, having raised a total of $29.5M across 4 funding rounds to date.
How many employees does FoodLogiQ have?
As of Dec 31, 2022, the latest employee count at FoodLogiQ is 39.
What does FoodLogiQ do?
FoodLogiQ was established in 2006 and is based in Durham, United States. Solutions for food traceability and safety are offered to food service chains within the food industry sector. Operations center on supply chain monitoring and compliance management. Services encompass risk identification, data tracking, and regulatory adherence support across various chain operations.
Who are the top competitors of FoodLogiQ?
FoodLogiQ's top competitors include Toast, UrbanPiper and SpotOn.
What products or services does FoodLogiQ offer?
FoodLogiQ offers FoodLogiQ Compliance, FoodLogiQ Quality Management, FoodLogiQ Traceability, Genesis Foods, and AskReg AI.
Who are FoodLogiQ's investors?
FoodLogiQ has 7 investors. Key investors include Tyson Foods, Testo, Nicola Wealth, GHC Partners, and Clarkston Consulting.