Spotlight on: FoodDocs

Description

Developer of a cloud-based food handling documentation platform designed to digitize the documentation process for food safety compliance. The company’s platform provides application templates, monitoring plans, and digital storage for improved management of food safety documents, enabling businesses to get an easier way to apply and maintain legal compliance.

Most Recent Financing Status

The company raised GBP 1.8 million of venture funding in a deal led by Bonnier Ventures on February 10, 2022. Specialist VC, Forward VC, Spring Capital, and other undisclosed investors also participated in the round. The funds will be used to continue the strategic growth journey, drive further expansion in the US and the UK to reach more clients and partners, and further improve AI capabilities.

CEO: Katrin Liivat

HQ Location: Tallinn, Estonia

Employees: 23

Total Raised: $3.50M

Size Multiple: 32.7x Median (96th Percentile)

To learn more about FoodDocs, visit their website or follow them on X (Twitter) or LinkedIn.

Source: Pitchbook, August 2023

About the author

Kristin Calve

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