Foodforecast Overview

  • Year Founded
  • 2018

Year Founded

  • Status
  • Private

  • Employees
  • 32

Employees

  • Latest Deal Type
  • Series A

  • Latest Deal Amount
  • $9.5M

  • Investors
  • 11

Foodforecast General Information

Description

Developer of an artificial intelligence-based planning application designed to reduce food wastage. The company's application analyzes historical sales figures, forecasts the sale of perishable goods, and increases contribution margin by eliminating returns and stock shortages, enabling bakeries to minimize excess production.

Contact Information

Website
www.foodforecast.com
Formerly Known As
Justus Lauten, Werksta.tt
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Pilgrimstraße 6
  • 50674 Cologne
  • Germany
+49 0221
Primary Industry
Business/Productivity Software
Other Industries
Environmental Services (B2B)
Media and Information Services (B2B)
Vertical(s)
FoodTech, LOHAS & Wellness, Climate Tech, SaaS, Artificial Intelligence & Machine Learning
Corporate Office
  • Pilgrimstraße 6
  • 50674 Cologne
  • Germany
+49 0221

Foodforecast Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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Foodforecast Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Later Stage VC (Series A) 26-Feb-2026 $9.5M Completed Generating Revenue
6. Accelerator/Incubator Completed Generating Revenue
5. Later Stage VC 30-Sep-2024 Completed Generating Revenue
4. Accelerator/Incubator 01-Jan-2023 Completed Generating Revenue
3. Angel (individual) 05-Jul-2022 Completed Generating Revenue
2. Seed Round 24-Jun-2021 Completed Generating Revenue
1. Accelerator/Incubator Completed Startup
To view Foodforecast’s complete valuation and funding history, request access »

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Foodforecast Patents

  • 2

    Total Documents Applications and Grants

  • Total Patents Families

  • Granted

  • 1

    Pending

  • Expiring in next 12 mo

Foodforecast Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
EP-4812899-A1 Method for controlling the availability of a good Pending 21-Nov-2023
WO-2025108864-A1 Method for controlling the availability of a good Inactive 21-Nov-2023

Foodforecast Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Foodforecast Investors (11)

Investor Name Investor Type Holding Investor Since Participating Rounds
ECBF VC Venture Capital Minority
SHIFT Invest Venture Capital Minority
Aeronaut Invest Venture Capital Minority
Collateral Good Impact Investing Minority
Future Food Fund Venture Capital Minority
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Foodforecast FAQs

  • When was Foodforecast founded?

    Foodforecast was founded in 2018.

  • Where is Foodforecast headquartered?

    Foodforecast is headquartered in Cologne, Germany.

  • What is the size of Foodforecast?

    Foodforecast has 32 total employees.

  • What industry is Foodforecast in?

    Foodforecast’s primary industry is Business/Productivity Software.

  • Is Foodforecast a private or public company?

    Foodforecast is a Private company.

  • What is Foodforecast’s current revenue?

    The current revenue for Foodforecast is .

  • How much funding has Foodforecast raised over time?

    Foodforecast has raised $12.8M.

  • Who are Foodforecast’s investors?

    ECBF VC, SHIFT Invest, Aeronaut Invest, Collateral Good, and Future Food Fund are 5 of 11 investors who have invested in Foodforecast.

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