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Store Level

storelevel.com

Stage

Incubator/Accelerator | Alive

Total Raised

$40K

Last Raised

$40K | 6 yrs ago

About Store Level

Store Level is a digital company aimed at helping retail stores. The platform has a community of tens of thousands of shoppers that verify a store's products and prices and give feedback on the store. The store gets alerts and sees the data in real time from the company's dashboard in the cloud.

Headquarters Location

Lago Tanganica 71 Granada

Mexico City, 11520,

Mexico

+52 55 3626 2959

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Expert Collections containing Store Level

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

Store Level is included in 1 Expert Collection, including Store management tech (In-store retail tech).

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Store management tech (In-store retail tech)

1,534 items

Startups aiming to work with retailers to improve brick-and-mortar retail store operations.

Latest Store Level News

A Company Offers An Alternative To Food Waste At The Grocery Store Level

Oct 12, 2022

I write about issues and technologies related to agriculture and food. Got it! Got it! getty It is estimated that each year 80 billion pounds of food is wasted in the US. The largest share of that, 43%, is at consumers’ homes. Nearly as much (40%) is at the retail level (restaurants, food service, grocery stores). Of that retail slice around 30% is at grocery stores – a staggering 9.6 billion pounds per year. The term that is used is “surplus groceries” and that includes products nearing or at the end of their shelf life, fresh produce that is in decline, and damaged or otherwise compromised items. The estimated value of this category of food waste is estimated to be twice the amount of profit from the food that is sold. Obviously, the grocery industry is concerned about this loss and looking for solutions . There are various ways to reduce the impact of food waste, and for grocery surplus the best options ... [+] are the top three alternatives in the EPA's hierarchy Image by author The best option would be to reduce the rate at which surplus food is generated, and the next best option is to give the food away to needy pe. Stores can often partner with food kitchens or other charitable organizations to facilitate that process. The third best option is to find ways is to use this surplus human food to feed animals, but that is not an easy connection to make from an urban setting. There is a start-up company that is addressing that limitation by creating a network to collect the non-contributable food from the stores, process it, and then use it as part of the feed on poultry farms. Then they market the chicken products under their “Do Good Chicken” brand. The co-founder of Do Good Foods, Justin Kamine, has 12 years of experience in the solar industry and comes from a family involved in various businesses including natural gas co-generation and telecom. He started this company based on a desire to solve the food waste generated by grocery stores. The produce bin at a participating grocery store Do Good Foods His company makes arrangements with grocery chains to put collection bins in their stores for food that is still good, yet can’t be sold, including one bin for meats that are past their sales dates and one bin for produce that is no longer marketable. The store employees are responsible for the sorting, and they take that role quite seriously. Do Good Foods comes around to pick up the bins every few days and take it to their processing facility which was built at a cost of $170 million. There the food is pasteurized at 165F for 2 hours, ground, blended and dried using standard industry equipment. The company buys all renewable credits for its electricity usage. Excess produce entering the processing line Do Good Foods Their processed product is blended with other ingredients as needed to make an optimal chicken feed, and then they work with farmer partners to raise the chickens in cage-free settings. Each finished Do Good Chicken then saves approximately four pounds of surplus food from being thrown away, preventing the release of approximately three pounds of greenhouse gases (CO2e). Do Good Foods has recently raised $169 million from the investment company Nuveen. Sam Kass, the former Obama administration’s senior policy advisor for Nutrition Policy is its Strategy officer, and former US Secretary of Agriculture Ann Veneman is an advisor. Celebrity chef Tom Colicchio is also an advisor and serves Do Good Chicken in his restaurants. One of the chicken products - Do Good also has options such as bone-in thighs with skin, drumsticks ... [+] etc Do Good Foods In terms of marketing, Do Good Chicken has surveyed consumers and found that 90% care about the food waste issue, 71% are likely to purchase upcycled foods once they learn about the process and its benefits, and 85% would be more likely to buy from a grocery store working to reduce its food waste. With this in mind, they market under the Do Good Chicken name with ways for consumers to get the background story on how the chicken is raised and how that helps to address the waste issue at retail. Do Good Foods’ initial plant in Pennsylvania was opened on Earth Day in 2022 and it processes the surplus grocery foods from 450 stores at a rate of 160 tons per day. In its first six months of operation, Do Good Chicken reports that it has diverted 10 million pounds of food surplus from landfills, preventing an estimated 950 metric tons of greenhouse gases (CO2e) from entering the atmosphere. They are currently selling Do Good Chicken in more than 550 stores ranging from Minnesota to Washington D.C to Colorado. Many strategies and innovations will need to be applied to address the food waste problem, but this is a promising alternative for the surplus grocery category. Follow me on  Twitter  or  LinkedIn . Check out my  website .

Store Level Frequently Asked Questions (FAQ)

  • Where is Store Level's headquarters?

    Store Level's headquarters is located at Lago Tanganica 71, Mexico City.

  • What is Store Level's latest funding round?

    Store Level's latest funding round is Incubator/Accelerator.

  • How much did Store Level raise?

    Store Level raised a total of $40K.

  • Who are the investors of Store Level?

    Investors of Store Level include Parallel18 and Wayra.

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