FoodMaven Corporation
Latest round
- Seed
Last raised
- Feb 2022
Total raised
- $19M
Investors
- 6
About FoodMaven Corporation
Founded in 2015 and headquartered in Colorado Springs, US, FoodMaven provides essential procurement services tailored for the foodservice sector. The company has focused on leveraging technology to transform how food service operators manage their purchasing. The current leadership includes CEOs Ben Deda and Ted Greeley.FoodMaven specializes in providing procurement solutions through its advanced Procurement AI, designed specifically for the foodservice industry. The core product is a browser extension that integrates seamlessly with existing e-commerce platforms, allowing food service operators to access critical purchasing information in real-time. This tool helps users identify contracted products, evaluate pricing, align with sustainability goals, and find suitable substitutes for out-of-stock items. The service aims to optimize purchasing behaviors without necessitating changes to existing processes or platforms, effectively reducing the time spent on product searches by consolidating product data across various vendors.FoodMaven's revenue model is structured around a subscription-based service, where clients pay for access to the Procurement AI platform and its associated features. Businesses typically engage with the platform by subscribing to different service tiers, which may include various levels of data access and analytical capabilities tailored to their specific needs. This pricing structure allows clients to streamline their procurement processes while ensuring they are always informed of the best purchasing options available. The company plans to enhance its product offerings by introducing new features to its Procurement AI platform.
Who invested in FoodMaven Corporation
6 investors across 2 rounds
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Questions about FoodMaven Corporation
Who invested in FoodMaven Corporation?
FoodMaven Corporation has 6 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has FoodMaven Corporation raised?
FoodMaven Corporation has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did FoodMaven Corporation last raise money?
FoodMaven Corporation's most recent round on record is a Seed, in Feb 2022.
What does FoodMaven Corporation do?
Founded in 2015 and headquartered in Colorado Springs, US, FoodMaven provides essential procurement services tailored for the foodservice sector.
Where is FoodMaven Corporation headquartered?
FoodMaven Corporation is headquartered in Colorado Springs, US.
Which VCs invest in companies like FoodMaven Corporation?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back logistics & distribution companies at FoodMaven Corporation's stage. Their profiles are linked below.
VCs backing logistics & distribution startups at Seed
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