Food Retail Ventures

Food Retail Ventures is a venture capital firm founded in 2016, with locations in Boston, Massachusetts, and Miami, Florida. The firm specializes in investing in early-stage companies within the food and retail technology sectors. By leveraging its industry experience and extensive network, Food Retail Ventures aims to support the growth and success of these companies.

James McCann

Founder and CEO

10 past transactions

Flashfood

Series A in 2022
Flashfood is the App for Grocery's best Deals. As a certified B-corp, our mission is to Feed Families, not Landfills. Our marketplace connects Food Retailers in North America who have product that is near-expiry or surplus that may have been destined for waste, and offer it instead to motivated Consumers who want to save serious cash. B2B2C that has saved consumers over $250B USD and redirected over 150M pounds of food from waste streams.

FoodMaven

Seed Round in 2022
FoodMaven is a food distributor, bringing agility and flexibility to the big food system. It sells local and oversupplied food–lost food–to commercial kitchens, at about half price. Its zero-waste sustainability philosophy means unsold food is donated to food banks, animal feed, and composting operations, benefiting both hunger initiatives and the environment. With its Internet marketplace, big data optimization technology, and agile logistics model, FoodMaven is for profits, for people, and for the planet.

CYTRIO

Seed Round in 2021
CYTRIO develops data privacy rights management platform for security and privacy professionals. Its platform provides automated identity verification, ai driven data discovery, classification, and ID correlation, enabling clients to build trust by facilitating their customers to exercise their data privacy rights. The company was founded in 2019 and is based in Wayland, Massachusetts.

Halla

Series A in 2021
Halla is the Taste Intelligence Company. Taste Intelligence is the only grocery AI that understands and responds to human preference and behavior, all in real-time. Halla’s Taste Intelligence suite of products helps grocers power 1-to-1 experiences via hyper-personalized product recommendations, substitutions, and searches. From cart pages online to printed coupons in-store, Halla can plug in anywhere the grocer wants to increase sales and boost engagement. Shoppers see the most enticing products at the perfect moment, resulting in bigger baskets, better rewards, and the best grocery experience possible.

Pensa Systems

Series A in 2021
Pensa is a leading innovator in changing the way brands and retailers manage retail shelf inventory. Pensa’s data-as-a-service portfolio and use of advanced computer vision and artificial intelligence enable CPG brands and retailers to reduce stockouts and boost revenues by delivering highly accurate real-time visibility of the store shelf at a fraction of the cost of other solutions. Pensa partners with top CPG brands and retailers globally, including Johnson & Johnson, General Mills, Anheuser-Busch InBev, Circle K, and Unilever to address a trillion-dollar “blind spot” at a critical time in the industry.

Brinc

Seed Round in 2021
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

Series A in 2020
Kevel is a developer of ad-serving APIs to help developers build server-side ad platforms. Its APIs provide access to hundreds of ad serving features, decision APIs for seamless native promotions, and easily integrate first-party data for more revenue and relevance, helping developers to build a custom ad server without hassle.

Afresh

Series A in 2020
Afresh is an AI-powered company selling software to track demand and manage orders for fresh produce in grocery stores. The company is an operator of a fresh-first supply chain platform intended to handle the complexity of perishable categories for brick and mortar retailers and wholesalers. Its platform brings artificial intelligence and machine learning to forecast and ingest millions of data points to provide accurate item-level predictions of future demand to replenish recommendations that account for supply chain constraints and optimize for margin that enable clients to minimize waste, maximize freshness, and multiply business profitability. Afresh was established in 2017 in San Francisco, California by Matt Schwartz.

Afresh

Series A in 2020
Afresh is an AI-powered company selling software to track demand and manage orders for fresh produce in grocery stores. The company is an operator of a fresh-first supply chain platform intended to handle the complexity of perishable categories for brick and mortar retailers and wholesalers. Its platform brings artificial intelligence and machine learning to forecast and ingest millions of data points to provide accurate item-level predictions of future demand to replenish recommendations that account for supply chain constraints and optimize for margin that enable clients to minimize waste, maximize freshness, and multiply business profitability. Afresh was established in 2017 in San Francisco, California by Matt Schwartz.

Flashfood

Series A in 2019
Flashfood is the App for Grocery's best Deals. As a certified B-corp, our mission is to Feed Families, not Landfills. Our marketplace connects Food Retailers in North America who have product that is near-expiry or surplus that may have been destined for waste, and offer it instead to motivated Consumers who want to save serious cash. B2B2C that has saved consumers over $250B USD and redirected over 150M pounds of food from waste streams.
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