# GreenBytes

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

> AI-powered software platform for restaurants to optimize food ordering and reduce waste.

## About

GreenBytes provides an AI-powered software platform for restaurants. Founded by sustainable energy experts with restaurant experience, the platform helps kitchens optimize food ordering and reduce waste by predicting future sales using historical data, weather, and other factors. It offers automated stock tracking, ingredient suggestions, and a clearer view of what is actually needed.

## Key facts

- **Slug:** greenbytes
- **Website:** https://www.greenbytes.io/
- **Location:** Reykjavík, Iceland
- **Founded:** 2020-01-01 00:00:00
- **Operating status:** Inactive
- **Total funding:** $1M
- **Sectors / tags:** FoodTech, Sustainability, Artificial Intelligence, Restaurant Technology, Restaurant Tech, AI-Optimized Crop Genetics, Waste Management, Supply Chain, Predictive Analytics, Generative AI

## Frequently asked

### What does GreenBytes do?

GreenBytes provides an AI-powered software platform for restaurants. Founded by sustainable energy experts with restaurant experience, the platform helps kitchens optimize food ordering and reduce waste by predicting future sales using historical data, weather, and other factors. It offers automated stock tracking, ingredient suggestions, and a clearer view of what is actually needed.

### What is GreenBytes's revenue?

StartupHub estimates GreenBytes's annual revenue at $436K (range $224K to $1.0M, 31% confidence), based on comparable companies in the sector.

### What is GreenBytes's valuation?

StartupHub estimates GreenBytes's effective valuation at $3.6M (range $2.5M to $6.0M, 10% confidence), based on comparable companies in the sector.

### How much funding has GreenBytes raised?

GreenBytes has raised a total of $1M in funding. The most recent round on record is Seed.

### Where is GreenBytes headquartered?

GreenBytes is headquartered in Reykjavík, Iceland.

### When was GreenBytes founded?

GreenBytes was founded in 2020.

### What industry does GreenBytes operate in?

GreenBytes operates in FoodTech, Sustainability, Artificial Intelligence, Restaurant Technology, Restaurant Tech, AI-Optimized Crop Genetics.

### What is GreenBytes's current status?

GreenBytes's current operating status is: Inactive.

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