Journey Foods

About Journey Foods

Journey Foods uses AI-powered supply chain software and data management to improve packaged food nutrition, cost, and sustainability to feed 8 billion people. Our tools help companies improve the nutrition, sustainability, and cost of their product and beverage portfolio while accessing supply chain insights to take action. We created the most actionable packaged food and beverage food science and supply chain database.

Our patented AI provides product development, portfolio, and supply chain insights. Enterprise technology that improves and provides product management, ingredient intelligence, and insights for CPG companies, grocery stores, suppliers, and manufacturers to solve major inefficiencies. Our tools improve innovation and decision-making, save companies money and time, and help management teams confidently launch products in the $3 trillion packaged food market. The extensive and standardized Journey Foods database extracts data from millions of ingredients for algorithms to dynamically analyze and methodically recommend optimized portfolio recommendations based on pricing, supply chain, and nutrition parameters. We have over 29 billion ingredient insights.

Team

Riana Lynn

Founder

Problem statement

Eighty- five percent of new food products fail because of a lack of high-quality data and supply chain inefficiencies. All new and enterprise food and beverage companies rely on key insights to keep their products in the market. These same companies are aiming to meet the demands of their consumers by reducing their carbon footprint, developing sustainable business practices, improving nutrition, and saving costs across the board. To reach these goals, they'll have to reformulate their supply chains and recipes at rapid rates.

Traction information

Patent: We have patented AI dating back to variations in 2018, showing our leadership.
Our customers include Suntory, Unilever, McKinsey, and top startups
Product recommendations: Our platform leverages complex data schemas to provide companies with personalized sustainability, nutrition, and cost recommendations for product development. We've generated over 17,000 impressionable recommendations.
Supply chain insights engine: Our platform analyzes supply chain data to provide companies with insights and recommendations to optimize their operations for more time efficiency and ROI. We have recently onboarded 256 new suppliers and soon adding over 9,200 more to our database.
We are brokering a unique supplier deal with the US's biggest black farm ingredient producer and the world's fastest-growing beverage brand. This will help us unlock special revenue testers in marketplace models.

Updates

Profile created.

Added about 1 year ago