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foodlogiq.com

Founded Year

2006

Stage

Series B - IV | Alive

Total Raised

$33.1M

Last Raised

$10M | 3 yrs ago

About FoodLogiQ

FoodLogiQ is a SaaS provider of traceability, food safety and supply chain transparency solutions. FoodLogiQ Connect is a data-driven software solution that enables supplier management, food safety compliance, quality incident management, recall management and whole chain traceability – all on a single platform built exclusively for the food industry. To meet mounting regulatory requirements and consumer demands for transparency, food companies are leveraging FoodLogiQ Connect to validate supplier compliance with food safety and act with confidence in the event of a food safety or quality issue.

FoodLogiQ Headquarter Location

2655 Meridian Parkway

Durham, North Carolina, 27713,

United States

866-492-4468

ESPs containing FoodLogiQ

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER
Mobility / Supply Chain & Logistics

Food traceability companies compile and analyze real-time data across the shipping journey in order to provide end-to-end shipment visibility. This market includes platforms that connect players across the supply chain to enable inventory tracking and workflow automation, many of these vendors utilize blockchain technology.

FoodLogiQ named as Leader among 12 other companies, including Provenance, Decapolis, and Lumachain.

EXECUTION STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER
Consumer & Retail / Grocery and Food

Food traceability companies compile and analyze real-time data across the shipping journey in order to provide end-to-end shipment visibility. This market includes platforms that connect players across the supply chain to enable inventory tracking and workflow automation, many of these vendors utilize blockchain technology.

FoodLogiQ named as Leader among 12 other companies, including Provenance, Decapolis, and Lumachain.

EXECUTION STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER
Mobility / Supply Chain & Logistics

Platforms that leverage distributed ledger technology to facilitate secure communication between disparate supply chain partners. This can support improved inventory tracking, fraud reduction, and reduce overhead costs related to paperwork.

FoodLogiQ named as Leader among 10 other companies, including VeChain, Everledger, and Provenance.

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Expert Collections containing FoodLogiQ

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

FoodLogiQ is included in 3 Expert Collections, including Agriculture Technology (Agtech).

A

Agriculture Technology (Agtech)

1,843 items

Companies that are using technology to make farms more efficient.

S

Supply Chain & Logistics Tech

4,187 items

Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).

G

Grocery Retail Tech

535 items

Startups providing B2B solutions to grocery businesses to improve their store and omni-channel performance. Includes customer analytics platforms, in-store robots, predictive inventory management systems, online enablement for grocers and consumables retailers, and more.

Latest FoodLogiQ News

Prep for additional FSMA record keeping

Mar 31, 2022

Source: Adobe Stock CHICAGO — Industry has until January 2025 to be compliant with Section 204, a proposed rule in the Food Safety Modernization Act, but companies could take four steps to prepare now, said Julie McGill, vice president of supply chain strategy and insights at FoodLogiQ. The US Food and Drug Administration should announce the final rule Nov. 7 of this year. Section 204 will establish additional record-keeping requirements beyond those already in the FSMA. They will apply to certain foods, including dairy, seafood and ready-to-eat products, and certain ingredients. Companies now may review the proposed rule, assign internal owners, map product life cycles and evaluate current capabilities, McGill said in her presentation March 3 at the American Society of Baking’s BakingTech in Chicago. The FDA’s website has much information on the proposed rule, McGill said. “They have recordings,” she said. “They have examples.” Internal owners within a company may involve those on financial teams, those in specific food categories and those in information technology (IT). “Big picture, this is going to touch a lot of parts of your business because we’re not only talking about data,” McGill said. “We’re talking about operation. We’re talking about ingredients or finished products. We’re talking about shipping, receiving, etc.” Mapping product life cycles will involve the supply chain. “Big picture, what does your supply chain look like?” she said. “You’re going to want to know your current capabilities.” Section 204 will require companies to capture data and store it for two years. In the event of a recall, the FDA will want data within 24 hours. The proposed rule says it should be on a spreadsheet. “They are not prescribing blockchain or cloud or whatever,” McGill said. Section 204 applies to those who process, pack or hold foods on the food traceability list (FTL), which includes foods and ingredients that will need additional record-keeping. Critical tracking events may take place at any part in the supply chain that involves the growing, receiving, transforming, creating or shipping of food. Food items on the FTL in the proposed rule include leafy greens as expected, but others surprised, McGill said. All nut butters, including peanut and almond butters, are on the list as are soft cheeses like mozzarella, brie, blue and feta. Other items include fresh herbs, peppers, melons, shell eggs and a number of seafood items. McGill gave peanut butter and peanut butter sandwich cookies as examples of Section 204’s complexity. “Since peanut butter is on the list, not only does the processor have to track what they made and who they shipped it to, the distributor has to track what they got and who they shipped it to,” she said. Manufacturers of peanut butter sandwich cookies will need to track where they sourced the peanut butter and the production process, but baking, a kill-step, means the tracking ends there. “But the cookies that have the finished goods, outbound, don’t need to be tracked because we’ve had a kill step,” McGill said.

FoodLogiQ Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
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FoodLogiQ Rank

  • When was FoodLogiQ founded?

    FoodLogiQ was founded in 2006.

  • Where is FoodLogiQ's headquarters?

    FoodLogiQ's headquarters is located at 2655 Meridian Parkway, Durham.

  • What is FoodLogiQ's latest funding round?

    FoodLogiQ's latest funding round is Series B - IV.

  • How much did FoodLogiQ raise?

    FoodLogiQ raised a total of $33.1M.

  • Who are the investors of FoodLogiQ?

    Investors of FoodLogiQ include Renewal Funds, Pontifax AgTech, Testo, Nicola Wealth Management, GreenHouse Capital and 4 more.

  • Who are FoodLogiQ's competitors?

    Competitors of FoodLogiQ include Moeco, Provenance, Everledger, Ripe Technology, Envoy Group and 8 more.

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