Phood Solutions

Consumer ProductsSeedNew York, USphoodsolutions.com

Latest round

Seed

Last raised

Nov 2020

Total raised

$2M

Investors

2

About Phood Solutions

Phood Solutions Inc.Phood Solutions Inc. operates a waste tracking system and bespoke digital solutions aimed at the food service industry. The company was founded in 2015 and is headquartered in New York, US. Jackson Killion is the founder, and Luc Dang serves as the CEO. In November 2020, Phood Solutions Inc.Phood Solutions Inc. specializes in innovative technology designed to enhance profitability and operational efficiency for the food service industry. Their core offerings include a comprehensive waste tracking system, known as PHOOD X, which utilizes advanced computer vision to monitor the flow of food, report individual product margins, and provide demand-based production volumes. Additionally, Phood Lab leverages the expertise of industry professionals and food technologists to develop customized digital solutions tailored to address the specific needs of their partners. The company's products are primarily aimed at food service operators, including restaurants, catering businesses, and large-scale food providers.Phood Solutions Inc. generates revenue through a B2B model, offering subscriptions and partnerships with clients in the food service industry. Clients engage with the company by subscribing to its suite of services, which includes the waste tracking system and bespoke digital solutions. Transaction structures typically involve annual or monthly fees based on the level of service and scale of implementation. The firm’s offerings are designed to deliver measurable returns, exemplified by the reported 5:1 ROI achieved by clients utilizing their technology.Phood Solutions Inc. The company is focusing on developing additional technology solutions that enhance food service operations, with planned releases expected within the next 12 months. Additionally, Phood is targeting expansion into more urban markets across the United States to meet the growing demand for food management solutions.

Who invested in Phood Solutions

2 investors across 1 round

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Funding rounds

  1. Seed

    Nov 23, 2020

    Amount

    $2M

    Investors

    Locked

Questions about Phood Solutions

Who invested in Phood Solutions?

Phood Solutions has 2 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 Phood Solutions raised?

Phood Solutions has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did Phood Solutions last raise money?

Phood Solutions's most recent round on record is a Seed, in Nov 2020.

What does Phood Solutions do?

Phood Solutions is a consumer products company.

Where is Phood Solutions headquartered?

Phood Solutions is headquartered in New York, US.

Which VCs invest in companies like Phood Solutions?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back consumer products companies at Phood Solutions's stage. Their profiles are linked below.

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