Evigence offers a Freshness Management System that combines sensors and data analytics to measure and manage food freshness in real time at the unit level, end-to-end across the supply chain. Sensors are applied at packing, react to aggregate time and temperature exposure, can be scanned digitally or read visually, and upload scan data to the Evigence Insights Engine for visualization and analytics. Customers include Marley Spoon and major US and European grocers, food brands, and foodservice providers piloting the system for supply-chain optimization and freshness-based inventory management. Pilot projects have shown measurable impacts including 20% shelf-life extension, a 5% increase in sell-through, a 33% reduction in waste, and 85% of Marley Spoon customers indicating they would like the program continued. The company holds 25 granted patents, meets strict WHO standards for vaccine vial monitoring, and originally licensed its vaccine-monitoring technology in 2016 before pivoting to fresh foods. Evigence plans to use new funding to advance data-collection and analytics capabilities and to launch additional commercial partnerships in the US and Europe; the company is based in Yokne'am, Israel, with commercial headquarters in Hoboken, New Jersey.

Total raised

$18M

Funding rounds

1

Latest round

Series B

Latest activity

Jan 2023