A fresh-food-monitor startup a day keeps the FOMO away.
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Startup of the Year: Daily Dealflow 

The Daily Dealflow delivers one startup a day, every work day to your inbox and is presented by Silicon Valley Bank. SVB's 2019 Startup Outlook Report is out now.
 
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Freshsurety

Solutions powered by Freshsurety reduce food waste keeping bad food out of the supply system, saves energy by stopping bad food from being shipped around just to be thrown away, and detects pathogens keeping you safer
FreshSurety provides information to various actors in the fresh food chain as to the true condition of the product based on its actual measured respiratory state, rather than general rules based on either time or temperature. 
 
Our IaaS solutions use AI/Machine Learning algorithms to turn a good gas sensor into an excellent food state sensor.  FreshSurety’s system also detects spoilage using the gases generated due to microbial action collected in the headspaces of the meat product. Our algorithms to find the most likely condition of the food using its chemical spectrum.
 
We reduce the Consumer Risk to 0.35%. With modern integrated grid-based supply chains we can increase food supply chain forecast accuracy by 52%, boost actual availability of goods by 37% and reduce inventory levels by 47% over traditional linear, batch-oriented supply chains. We have been working on our technology for 6 years and the hardware is ready for high rate production.  We own the world’s largest AI training sets of operational fresh food.

What's Innovative About Their Solution?

We find the true condition of the product based on its actual measured respiratory state, rather than our competitors which rely on inaccurate general rules based on either time or temperature.  

FreshSurety’s monitoring system for fresh food estimates the state of food using normally occurring gases & byproducts of microbial contamination in containers to sub ppb levels. Works on fresh fruits & vegetables, chicken and fish. For fresh food supply chains greater than 5 days our information means a > 30% reduction in food losses.
 
Fully trained, FreshSurety's algorithms correctly label bad food as bad 99.3% of the time and mislabel good as bad only 0.35% of the time.  
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📍 Location

Altamonte Springs, FL

⚙️ Product Stage

Beta—Public

🏭 Industries

Ag Tech, Food and Beverage, Logistics

🤑 Fundraising Status

Actively raising

💸 Total Funding
To Date

$500k-$1.5MM

🙌 Founder Demographics

 

Big Wins

We are in pilots with Tupperware, USA and Mitsui Corporation, Japan.

Watch the video

Download the deck

Contact the Founder:

John Hodges

john.hodges@freshsurety.com

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2019 Startup Outlook Report
SVB is pleased to present the 10th edition of our annual Startup Outlook Report, focusing on the innovation economies of the US, the UK, China and Canada. Read the report here.
 
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