# Spoonshot

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

- Industry: Software
- Headquarters: US
- Website: www.spoonshot.com
- Total disclosed funding: $1.4M
- Latest round: Seed (Sep 8, 2020)
- Investors on record: 6

## About

Spoonshot, Inc. offers AI-powered food intelligence solutions designed to assist food and beverage companies in optimizing product development, trend analysis, and enhancing consumer engagement through actionable insights.Founded in 2015 in the US, Spoonshot, Inc. delivers advanced analytics for the food industry, helping clients navigate market dynamics. The company has raised USD 1.00 mn in Seed funding from SRI Capital on September 8, 2020, as part of its growth initiatives. The CEO and co-founder, Kishan Vasani, has a background in technology and entrepreneurship, contributing significantly to Spoonshot's innovative approach.Spoonshot specializes in AI-driven food intelligence solutions for the food and beverage industry. Their platform synthesizes extensive data to provide insights that aid brands in product development, trend forecasting, and consumer engagement. Their services are crucial for food manufacturers, retailers, and culinary innovators across North America, Europe, and parts of Asia, where there is a high demand for actionable market insights.Spoonshot operates on a subscription-based model, granting clients access to analytical tools and insights through annual fees. This flexible pricing structure accommodates organizations from startups to large corporations, focusing on high-value offerings like consumer trend reports and product optimization tools, which form the backbone of their revenue.Following the Seed funding of USD 1.00 mn raised in September 2020, Spoonshot plans to leverage this capital to enhance its product offerings and expand its reach. The company is focused on developing new analytical tools designed specifically for emerging market trends and aims to expand its presence in Asia and Europe by the end of 2022. The recent funding will support these initiatives, allowing Spoonshot to strengthen its product development and market integration strategies.

## Funding rounds

- Seed, Sep 8, 2020, $1M — SRI Capital
- Seed, Jul 30, 2018, $0.4M — Arts Alliance, Artesian, Zeroth.ai, Bread & Butter Ventures, Techstars Farm to Fork Accelerator

## Investors

- Arts Alliance (https://capitalatlas.ai/funds/arts-alliance) — Seed
- Artesian (https://capitalatlas.ai/funds/artesian) — Seed
- Zeroth.ai — Seed
- Bread & Butter Ventures (https://capitalatlas.ai/funds/bread-butter-ventures) — Seed
- Techstars Farm to Fork Accelerator — Seed
- SRI Capital (https://capitalatlas.ai/funds/sri-capital) — Seed