Food Market Hub is a cloud‑based platform that centralizes procurement, inventory management, and cost analytics for restaurants and food‑service operators. By integrating with POS and accounting systems, it provides real‑time ingredient price monitoring, COGS calculation, automated low‑stock alerts, and AI‑driven waste‑reduction reporting, helping businesses reduce hidden costs and improve profitability.
Funding
$8.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
5OFounders
Product
Problem
Restaurants and food‑service businesses often struggle with hidden ingredient costs, price volatility, inventory waste, and time‑consuming manual procurement processes, leading to reduced profitability and operational inefficiencies.
Solution
Food Market Hub offers a cloud‑based procurement and inventory management platform that centralizes ordering, stock tracking, and cost analytics for restaurants of any size. By integrating with POS and accounting systems, the solution provides real‑time visibility into ingredient prices, COGS, and waste levels, enabling users to make data‑driven purchasing decisions. The platform automates order approvals, consolidates supplier communications, and generates detailed reports on sales forecasts, purchase history, and waste metrics. Users can set PAR levels and receive low‑stock alerts, ensuring ingredients are available without over‑ordering. Access is provided via a mobile app and web dashboard, supporting multiple outlets, central kitchens, and role‑based user permissions.
Target Audience
Primary customers are restaurant operators, multi‑outlet chains, and central kitchen managers seeking to streamline procurement and reduce food costs.
Features
- Real‑time ingredient price monitoring and COGS calculation down to the gram
- Integrated ordering workflow with supplier messaging via email or WhatsApp
- Automated low‑stock alerts and PAR‑level replenishment recommendations
- Consolidated inventory view across multiple outlets and central kitchens
- Sales‑forecast and waste‑reduction analytics powered by AI-driven reporting
- Role‑based access control and user permission management per module
- Seamless POS and accounting system integrations for automatic data sync
- Cloud‑hosted dashboard with customizable reports on purchase history and profit margins