Foodsteps
Latest round
- Seed
Last raised
- Mar 2022
Total raised
- $4.1M
Investors
- 4
About Foodsteps
Based in the UK, Foodsteps Ltd.Foodsteps Ltd. was founded in 2018 in London, UK, to support food businesses in understanding their environmental impact. The CEO and co-founder, Anya Doherty, has previously been involved in ventures aimed at sustainability and environmental impact.Foodsteps offers a comprehensive platform designed to help food businesses accurately measure, reduce, and report their environmental impact, particularly focusing on Scope 3 emissions associated with food and beverage supply chains. The core product, the Foodsteps Platform, provides data and insights across the entire life cycle of food products, from farming and packaging to processing and transport. This platform enables companies to analyze supply chain data effectively, identify high-impact areas, and make informed decisions to reduce their environmental footprint. Foodsteps has integrated over 3,000 academic studies with proprietary models to create a robust database that aids businesses in filling data gaps by collecting primary data from various production stages.Foodsteps generates revenue through subscription-based models and partnerships with food businesses, providing them with access to its platform and related services. Clients typically engage in transactions structured around annual subscriptions for platform access, which may include tiered pricing based on the scale of usage and specific features required. The company’s flagship services encompass automated product assessments and carbon labeling, enabling clients to educate consumers and comply with environmental regulations. Revenue is also derived from additional consulting services that assist clients in implementing sustainable practices and achieving their Net Zero goals.In July 2024, Registrar Corp, LLC, a portfolio company of Paine Schwartz Partners, acquired Foodsteps Ltd. This acquisition is expected to enhance Registrar Corp, LLC's sustainability solutions for the food and beverage industry. Additionally, the company is targeting expansion into new geographic markets in Europe and North America to reach a wider client base by the end of 2025.
Who invested in Foodsteps
4 investors across 1 round
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Funding rounds
Seed
Mar 30, 2022
Amount
$4.1M
Investors
Questions about Foodsteps
Who invested in Foodsteps?
Foodsteps has 4 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Foodsteps raised?
Foodsteps has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Foodsteps last raise money?
Foodsteps's most recent round on record is a Seed, in Mar 2022.
What does Foodsteps do?
Based in the UK, Foodsteps Ltd.
Where is Foodsteps headquartered?
Foodsteps is headquartered in London, UK.
Which VCs invest in companies like Foodsteps?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back information services companies at Foodsteps's stage. Their profiles are linked below.
VCs backing information services startups at Seed
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