Berlin, Germany
Choco, founded in 2018 and headquartered in Germany, is revolutionizing the food supply chain with its AI-powered platform aimed at streamlining food distribution. Operating across the US, UK, Europe, and the Middle East, the company connects food distributors, operators, and suppliers on a unified platform for enhanced order management, sales, and e-commerce.
The platform's industry-leading AI technology effectively removes friction and blind spots throughout the order lifecycle, which allows food distributors to safeguard their margins and improve operational efficiency. In the past year, Choco has successfully processed over 8.8 million orders, signifying a substantial reduction in operational hiccups across the board.
The company recently secured a €25.00M Late VC investment on 01 February 2023 from investors like Bessemer Venture Partners, Left Lane Capital, Insight Partners, Coatue, and G Squared. This funding supports Choco's ambition to build the operating system for modern food distribution.
Fresho