In North Carolina, FoodLogiQ, the leading software as a service provider of traceability, food safety and supply chain transparency solutions, raised $19.5 million in growth financing to accelerate its rapid expansion across the food industry.
FoodLogiQ offers the most comprehensive, data-driven software solution that enables supplier management, food safety compliance, quality incident management, recall management and whole chain traceability – all on a single platform built exclusively for the food industry. This new funding will be used to accelerate product enhancements, research and development and expanded sales, marketing and customer success.
“The substantial amount of investment interest FoodLogiQ has received is indicative of the confidence in our amazing team and the value of our product to our customers and the food industry,” said Dean Wiltse, CEO of FoodLogiQ. “It is great validation to know that we’re moving in the right direction and fulfilling our mission of mapping the world’s food chain.”