Journey Foods Analysis: $2M Raised
What is Journey Foods?
Journey Foods is an AI-driven platform specializing in nutrition and supply chain decision-making. Their unique Operations Scientist technology streamlines ingredient discovery and formulation processes. This approach enables faster product launches and improved ingredient optimization for food manufacturers and suppliers.
Employees
11-50
Founded
2020
Industry
SaaS, AI/ML, Supply Chain Tech
Product Features & Capabilities
- AI-powered ingredient insights for formulation
- Collaborative dashboard for product tracking
- Extensive ingredient database for optimized searches
- Supply chain alerts for product improvement
- Integration capabilities with existing tools and services.
Use Cases
Discover and optimize food ingredients for product development; Monitor supply chain performance and ingredient quality; Generate actionable insights for faster product launches; Collaborate on product development within teams; Access sustainable ingredient options for healthier products.
How much Journey Foods raised
Seed - $100K
November 2019Lead Investor: Chloe Capital, Orbit Startups
Grant (prize money) - $100K
May 13, 2021Lead Investor: Kroger
Grant (prize money) - $100K
September 23, 2021Lead Investor: Black Founders Fund
Accelerator/Incubator - $150K
Not specifiedLead Investor: Not specified
Seed Round - $100K
January 1, 2020Lead Investor: Not specified
Seed Round - $1M
November 27, 2019Lead Investor: Not specified
Other Considerations
Notable clients include various food manufacturers; Offers a demo for potential users; Pricing starts at $60 per month for access to insights.
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Financial Overview
$2MTotal Raised
Seed$100K
November 2019
Investors: Chloe Capital, Orbit Startups
Grant (prize money)$100K
May 13, 2021
Investors: Kroger
Grant (prize money)$100K
September 23, 2021
Investors: Black Founders Fund
Accelerator/Incubator$150K
Not specified
Investors: Not specified
Early Stage VC (Series 2)
July 21, 2022
Investors: Not specified
Accelerator/Incubator
January 1, 2022
Investors: Not specified
Accelerator/Incubator
September 28, 2021
Investors: Not specified
Seed Round
September 17, 2021
Investors: Not specified
Accelerator/Incubator
May 13, 2021
Investors: Not specified
Early Stage VC
March 8, 2021
Investors: Not specified
Accelerator/Incubator
January 1, 2020
Investors: Not specified
Seed Round$100K
January 1, 2020
Investors: Not specified
Seed Round$1M
November 27, 2019
Investors: Not specified
