# Foodforecast

**Source:** https://www.startuphub.ai/startups/foodforecast
**Profile type:** Startup

> AI-based software solution optimizing fresh food management for retailers and producers.

## About

Foodforecast provides AI-powered intra-day and daily demand forecasting solutions for multi-site food operators, including supermarkets, food-service businesses, and bakeries. Their platform automates store production and ordering to ensure the right amount of ultra-fresh goods are available at the right time, reducing waste and increasing sales. Foodforecast aims to boost profit and promote sustainable planning for fresh food businesses.

## Key facts

- **Slug:** foodforecast
- **Website:** https://foodforecast.com
- **Location:** Berlin, Germany
- **Founded:** 2019-01-01 00:00:00
- **Employees:** 36
- **Operating status:** Active
- **Total funding:** $12M
- **Sectors / tags:** FoodTech, Artificial Intelligence, Supply Chain Management, Sustainability, RetailTech, Supply Chain, Predictive Analytics, Inventory Management, Waste Reduction
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/foodforecast/
  - Twitter: https://twitter.com/Foodforecast_
  - Facebook: https://www.facebook.com/FoodforecastGmbH/

## Frequently asked

### What does Foodforecast do?

Foodforecast provides AI-powered intra-day and daily demand forecasting solutions for multi-site food operators, including supermarkets, food-service businesses, and bakeries. Their platform automates store production and ordering to ensure the right amount of ultra-fresh goods are available at the right time, reducing waste and increasing sales. Foodforecast aims to boost profit and promote sustainable planning for fresh food businesses.

### What is Foodforecast's revenue?

StartupHub estimates Foodforecast's annual revenue at $12.1M (range $6.6M to $26.2M, 63% confidence), based on comparable companies in the sector.

### What is Foodforecast's valuation?

StartupHub estimates Foodforecast's effective valuation at $50.4M (range $31.1M to $74.5M, 22% confidence), based on comparable companies in the sector.

### How much funding has Foodforecast raised?

Foodforecast has raised a total of $12M in funding. The most recent round on record is Unknown.

### Where is Foodforecast headquartered?

Foodforecast is headquartered in Berlin, Germany.

### When was Foodforecast founded?

Foodforecast was founded in 2019.

### What industry does Foodforecast operate in?

Foodforecast operates in FoodTech, Artificial Intelligence, Supply Chain Management, Sustainability, RetailTech, Supply Chain.

### How many employees does Foodforecast have?

Foodforecast has approximately 36 people on record.

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