CTO
Phood
Phood is developing an AI-powered food waste prevention platform that utilizes computer vision to accurately track and analyze waste at prepared food stations. By providing actionable data insights, Phood enables businesses to optimize their food offerings, reduce waste, and increase profitability.
- Agriculture Technology
- Artificial Intelligence
- Data & Analytics
- Clean Technology
- Software Only
Updated 7 months ago
Funding
Raised to date
$2.2MRaised 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.
across 2 rounds
NS$150K · Seed Extension
Announced Nov 2023
Disclosed cumulative: $2.2M
2/2
RoundDateAmountValuationInvestors
Founders
Product
Problem
Prepared food stations often struggle with accurately tracking and analyzing food waste, leading to inefficient ordering practices and reduced profitability. Traditional methods of waste tracking, such as manual logs, are often inaccurate and time-consuming. This lack of reliable data makes it difficult for businesses to optimize their food offerings and minimize waste.
Solution
Phood offers an AI-powered food waste prevention platform that leverages computer vision to automatically track and analyze waste at prepared food stations. The system replaces manual tracking with real-time data capture, providing businesses with accurate insights into their waste patterns. By understanding what food items are being wasted and in what quantities, businesses can optimize their ordering processes, adjust portion sizes, and refine their menu offerings. This data-driven approach enables businesses to reduce waste, lower costs, and increase profitability.
Target Audience
Phood's primary customers are businesses with prepared food stations, such as grocery stores, cafeterias, and restaurants.
Features
- Computer vision technology for automated waste tracking
- Real-time data capture and analysis
- Integration with existing prepared food station setups
- Actionable insights for optimizing food offerings
- Customizable reporting dashboards