What is Flowaste?
Founded in South Bend, Indiana, in 2020, Flowaste operates a sophisticated food analytics platform designed to empower businesses within the restaurant, food service, and food production sectors. The company's core objective is to enable these entities to meticulously optimize their food usage, thereby significantly reducing waste and the associated operational costs. By mitigating food waste, FloWaste not only contributes to more sustainable and ethical business practices but also addresses critical environmental concerns.
How much funding has Flowaste raised?
Flowaste has raised a total of $1.4M across 2 funding rounds:
Other Financing Round
$270K
Other Financing Round
$1.1M
Other Financing Round (2021): $270K with participation from Angie Stocklin, RSLP Ventures, Elevate Ventures, Plug and Play Ventures, Flywheel Fund, and Culvex Investments
Other Financing Round (2021): $1.1M, investors not publicly disclosed
Key Investors in Flowaste
Elevate Ventures
Elevate Ventures is an active participant in shaping the future of Indiana by investing in cross-sector innovation-driven companies at Pre-Seed, Seed, and Series A stages. They provide funding and guidance for entrepreneurs and seek founders with grit, creativity, and coachability.
Plug and Play Ventures
Founded in 2006, Plug and Play Tech Center is an early stage investor, accelerator and corporate innovation platform with global headquarters in Sunnyvale, California with additional locations across the globe.
What's next for Flowaste?
The substantial enterprise-level backing and recent strategic investment signal a pivotal growth phase for Flowaste. This capital is expected to fuel the expansion of its food analytics platform, enhance its technological capabilities, and broaden its market reach. Flowaste is strategically positioned to become a leader in the food waste reduction technology sector, driving efficiency and sustainability for its clients while making a tangible positive impact on the environment. Future developments will likely focus on scaling operations and further innovating its data-driven solutions.
See full Flowaste company page
