Veeve
Venture Round in 2022
Veeve Inc. is a technology company that specializes in creating an innovative shopping cart designed to enhance the in-store shopping experience. Founded in 2018 and based in Issaquah, Washington, Veeve's smart shopping cart integrates artificial intelligence to automatically recognize products as they are added, facilitating a seamless and cashier-less checkout process. The cart features a built-in scale to calculate costs, as well as a display that offers personalized recommendations, advertising, and location-based promotions. Veeve's platform enables retailers to gain insights into customer engagement and product performance, while also improving operational efficiency. The company has attracted notable clients, including major grocery chains and local retailers, benefiting from quicker setup times and high customer satisfaction rates.
Flashfood
Series A in 2022
Flashfood Inc. is a Toronto-based company founded in 2016 that operates a platform aimed at reducing food waste by facilitating the sale of surplus food from grocery stores at discounted prices. The app connects food retailers in North America with consumers seeking affordable grocery options, allowing users to find, purchase, and pick up high-quality food items that are near their expiration date or otherwise surplus. As a certified B-corp, Flashfood's mission emphasizes feeding families rather than contributing to landfills, having successfully redirected over 150 million pounds of food from waste streams while saving consumers significant amounts of money.
FoodMaven
Seed Round in 2022
FoodMaven Corporation operates a digital marketplace based in Colorado Springs, Colorado. Established in 2015 and formerly known as FoodEx Corp, the company connects local food distributors, manufacturers, and producers with restaurants and institutional kitchens. Its platform specializes in selling dated, perishable, oversupplied, and imperfect grocery items at discounted prices. FoodMaven's commitment to sustainability includes donating unsold food to hunger initiatives, animal feed, and composting operations, aligning its business model with environmental responsibility.
CYTRIO is a company based in Wayland, Massachusetts, that specializes in developing a data privacy rights management platform tailored for security and privacy professionals. Founded in 2019, the company offers a suite of tools that includes automated identity verification, AI-driven data discovery, classification, and identification correlation. These features empower clients to effectively manage data privacy, allowing their customers to exercise their rights regarding personal data. By streamlining these processes, CYTRIO aims to enhance trust between businesses and their clients in an increasingly complex data landscape.
Halla is a company that specializes in Taste Intelligence, providing an innovative grocery AI platform designed to understand and respond to consumer preferences and behaviors in real-time. Its suite of products enables grocers to deliver hyper-personalized experiences through tailored product recommendations, substitutions, and search functionalities. By integrating Halla's technology, grocers can enhance customer engagement and drive sales, whether through online cart pages or in-store printed coupons. The platform leverages a combination of food data, human science, and operational insights, utilizing specialized machine-learning models to accurately predict shoppers' individual preferences. This results in a more satisfying grocery experience, encouraging larger purchases and improved customer loyalty.
Pensa Systems
Series A in 2021
Pensa Systems, Inc., established in 2016 with headquarters in Austin, Texas, and an office in Den Haag, Netherlands, specializes in developing autonomous perception systems for inventory visibility and management. The company employs advanced computer vision and artificial intelligence to provide real-time, accurate insights into retail shelf inventory for consumer packaged goods (CPG) brands and retailers worldwide. Pensa's technology comprises autonomous vision capture at the front-end and predictive analytics on the back-end to minimize stockouts and optimize revenues. Notable clients include Johnson & Johnson, General Mills, Anheuser-Busch InBev, Circle K, and Unilever.
What is BRINC? Brinc is your online platform for quick local delivery service. We deliver everything you need in everyday life. You simply order via app or on our website from our partner stores – and we bring everything to you. We are fast: in about 60 minutes, we will ring your doorbell. Instead of delivering in days, we offer you quick availability of all products. With our continuously optimized routes, our delivery fleet also saves resources, helps to ensure that fewer cars are on the road and thus ensures lower CO2 emissions. You can already enjoy our services in many cities. Our various partners include supermarkets, bakeries, beverage shops, pharmacies, restaurants, drugstores, flower shops and more. Your benefits: you save a lot of time when shopping, you can quickly fulfill urgent desires and simply relax and enjoy life. Using the innovative algorithms of our software, we always find the optimal route to your place and are able to deliver your items as quickly as possible. And the best thing is: You can start right away! BRINC brings everything you need in everyday life quickly and easily to your home. In short: You order. We deliver. Just give it a try now!
Kevel is a company that specializes in the development of ad-serving APIs aimed at assisting developers in building server-side ad platforms. Its suite of APIs offers access to a wide range of ad-serving features and decision-making tools, facilitating seamless native promotions. Additionally, Kevel's solutions enable the easy integration of first-party data, enhancing revenue potential and ad relevance. By providing these resources, Kevel empowers developers to create customized ad servers efficiently and effectively.
Afresh Technologies, established in 2017 and headquartered in San Francisco, specializes in AI-driven supply chain software for fresh food. Its platform, Afresh, uses machine learning to forecast demand and optimize inventory levels, enabling grocery stores to minimize waste, maximize freshness, and enhance profitability. The solution covers warehouse inventory optimization, procurement, markdown optimization, and pricing, catering to both brick-and-mortar retailers and wholesalers.
Afresh Technologies, established in 2017 and headquartered in San Francisco, specializes in AI-driven supply chain software for fresh food. Its platform, Afresh, uses machine learning to forecast demand and optimize inventory levels, enabling grocery stores to minimize waste, maximize freshness, and enhance profitability. The solution covers warehouse inventory optimization, procurement, markdown optimization, and pricing, catering to both brick-and-mortar retailers and wholesalers.
Flashfood
Series A in 2019
Flashfood Inc. is a Toronto-based company founded in 2016 that operates a platform aimed at reducing food waste by facilitating the sale of surplus food from grocery stores at discounted prices. The app connects food retailers in North America with consumers seeking affordable grocery options, allowing users to find, purchase, and pick up high-quality food items that are near their expiration date or otherwise surplus. As a certified B-corp, Flashfood's mission emphasizes feeding families rather than contributing to landfills, having successfully redirected over 150 million pounds of food from waste streams while saving consumers significant amounts of money.
Evigence Sensors
Series A in 2018
Evigence Sensors is a company that specializes in manufacturing sensors designed to monitor the shelf life of perishable products. The company offers a Freshness Management System that integrates sensors and data analytics to enable food brands, retailers, and foodservice providers to assess and manage food freshness in real time throughout the supply chain. Their food storage trackers monitor the storage time and conditions of food, while the SMART DOT application allows users to scan the sensors for tracking remaining shelf life and connect with sellers. Founded in 2004 and originally known as Freshpoint Quality Assurance Ltd, Evigence Sensors changed its name in February 2019. The company is based in Yokne’am, Israel, with a commercial office in Hoboken, New Jersey. It holds 25 granted patents and is recognized as one of only two companies globally that meet the strict World Health Organization standards for vaccine vial monitoring. Initially focused on healthcare, Evigence shifted its technology towards the monitoring and management of fresh foods in 2016.