# FoodLogiQ

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/foodlogiq

- Industry: Software
- Headquarters: Durham, US
- Website: www.foodlogiq.com
- Total disclosed funding: $4.3M
- Latest round: Series B (Sep 20, 2017)
- Investors on record: 1

## About

FoodLogiQ is a technology company focused on enhancing food supply chain management through its sophisticated software solutions, ensuring safety, compliance, and traceability across the food industry.Founded in 2006 and headquartered in Durham, US, FoodLogiQ operates in the food supply chain management sector. The company was acquired by ESHA Research Inc., a portfolio company of Riverside Company, in October 2022, enhancing its operational capabilities.FoodLogiQ provides food companies with crucial tools for effective supply chain management, focusing on compliance with food safety regulations and traceability from farm to fork. Its offerings include FoodLogiQ for quality management, compliance tracking, and incident management, alongside AskReg, an AI-driven chatbot for navigating food safety regulations. The company serves various sectors, including restaurants and food manufacturers, with a primary focus on North American and European markets.FoodLogiQ's revenue model is based on subscription services for its software solutions, which include modules for Compliance, Quality Management, and Traceability. Clients enter into annual agreements to access these platforms, which aid in meeting compliance goals. The company also provides consulting services for nutrition labeling and FSMA compliance, targeting B2B clients such as food manufacturers and distributors. Specific pricing details are proprietary.Following the acquisition by ESHA Research Inc. in October 2022, FoodLogiQ plans to leverage its resources for expanding product offerings, particularly in automated recall management. The strategic acquisition supports potential product extensions and aims to enhance capabilities in food safety compliance across various markets. Future efforts may include geographic expansion into new regions, details of which are yet to be disclosed.

## Funding rounds

- Series B, Sep 20, 2017, $4.3M — Renewal Funds

## Investors

- Renewal Funds (https://capitalatlas.ai/funds/renewal-funds) — Series B
