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Ida

27 Rue de Berri, Paris, Île-de-France, 75008, France

Overview

Ida provides a stock-optimization solution for fresh products — from fruits and vegetables to cheese, seafood, charcuterie and butcher items — using AI with around 300 parameters to improve order accuracy and rotation. The company says its customers see a 30% reduction in waste and an 80% decrease in stockouts, which it ties to increased sales and longer product freshness for consumers. Ida aims to cut 2,500 tonnes of fresh-product waste by the end of 2025 and plans a roll-out with a large French retailer in 2024, with ambitions to expand internationally. The startup highlights recruitment and R&D as priorities: it expects to grow from 3 to 10 employees by the end of 2023, double headcount in 2024, and have 80% of its teams focused on R&D. Ida also markets a unit-economics claim that the product returns five to seven times more revenue than its cost.

Total raised
$3M
Funding rounds
1
Latest round
Seed
Latest activity
Nov 2023

Industries

  • Farming
  • Food Processing
  • Fruit
  • Grocery
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Recent funding

  1. Seed

    Nov 2023

    $3M

Team