A Seattle tech company has landed $12 million in equity funding to fuel the growth of its software, which is aimed at helping grocers manage food orders to reduce waste and spoilage issues.
The startup, Shelf Engine, was founded by software entrepreneurs Stafan Kalb and Bebe Jordan in 2016. The company offers AI technology that helps grocers such as Whole Foods, Kroger, and Target get the right amount of food onto the shelf at the right time.