What does FoodHealth do?
FoodHealth is a nutrition intelligence company that provides a personalized FoodHealth Score to evaluate food based on nutrient density and ingredient quality. The platform helps consumers, retailers, and brands make informed decisions about food healthiness.
How much did they raise?
The company raised $7.5M in a Series A round led by Reach Capital and Ulu Ventures, with participation from Supply Change Capital, ReThink Food, Refinery Ventures, Mudita, and Antler. This round contributes to a total of $20M raised to date.
What are their plans for the money?
The funds will be used to expand operations and further develop the scoring system, with plans to license the technology across the broader food ecosystem and integrate it with additional major retail chains.
What have they achieved so far?
FoodHealth's personalized scoring system is already embedded across The Kroger Co.'s brands, including Ralphs, Harris Teeter, and King Soopers, with an imminent rollout to another major retail chain, indicating robust market adoption.
