FoodLogiQ is a Durham, N.C.–based SaaS provider of traceability, food safety and supply chain transparency solutions for the food industry. Its FoodLogiQ Connect platform provides supplier management, food safety compliance, quality incident and recall management, and whole-chain traceability on a single data-driven platform. The company serves foodservice chains, manufacturers, retailers and growers, and lists customers such as Buffalo Wild Wings, CAVA, Chipotle, Compass Group USA, Five Guys, SUBWAY, Panda Restaurant Group, Raising Cane’s and Tropical Smoothie Cafe, as well as Whole Foods Market and hundreds of growers and co-packers. FoodLogiQ was recognized by Forbes in 2017 as one of the top 25 most innovative AgTech startups. The company says the new funding will be used to accelerate product enhancements, research and development, and expanded sales, marketing and customer success. Prior funding was provided by Clarkston-Potomac Group. FoodLogiQ provides cloud-based SaaS for traceability, food safety and sustainability across the food supply chain. The company said it expanded its most recent round of growth financing to accelerate development and introduction of its product suite and to further build out its leadership team. Leadership changes announced alongside the financing include Dean Wiltse as CEO, with founding CEO Tom Finegan remaining chairman and special advisor. Katy Jones joined as Vice President of Marketing to grow marketing, launch lead generation and expand product marketing via web, digital and social channels. Co-founder Andy Kennedy will continue to focus on food chain product strategy and industry standards development, including GS1 traceability initiatives. FoodLogiQ reported a growing user base of over 1,900 registered businesses in more than 35 countries and 18,000 locations on its cloud platform.

Total raised

$20M

Funding rounds

2

Latest round

Equity

Latest activity

Mar 2018