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LeanPath

Food Waste
Segments:
Waste Prevention Technologies
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Product stage:
Growth
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LeanPath is a provider of AI-driven food waste tracking solutions, including an integrated camera, a smart floor scale, and analytics software that cuts down food waste by raising awareness of daily wastage levels. In March 2023, having already leveraged AI in food waste measurement with its 360-AI Bench Scale Tracker tool, the company also began beta testing an AI coach assistant that incorporates the AI engine from ChatGPT into its suite of food waste prevention tools. This new tool will provide users with personalized tips on how to reduce their food waste. The company plans to evaluate the efficacy of this technology in order to accelerate food waste prevention efforts.

The company mainly targets the “non-commercial” and hospitality foodservice sectors such as corporate campuses, colleges, and hotels, with clients such as Google, Sodexo , The Ritz Carlton, Pentagon City, the MGM Grand Buffet, Aramark, Compass Group, Hilton, and Marriott. In May 2021, the company partnered with Sodexo Middle East to develop a platform as part of the latter’s “Better Tomorrow 2025” initiative and commitment to reducing waste in the UAE. The company also has partnered with campuses such as the University of Wisconsin for the launch of its solution. 

The company reports 50% food waste reduction at Sodexo kitchens that have adopted its technology. That partnership expanded in May 2019 with a deployment to 3,000 sites worldwide within a year.  

During the pandemic, LeanPath launched a mobile food waste measuring device for Covid-era menus which help to track food waste in takeout and delivery contexts. The company’s last round of funding was an October 2019 round of USD  7 million in debt from SaaS Capital. 

Key stats
Featured companies
96
Total funding (USD)
5.3 Bn
Total addressable market (USD)
110.1 Bn
Key competitors
 
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Product Overview
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Company profile
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Recent Updates

Partnerships
May 30, 2023
LeanPath partners with CBORD to allow commercial operates manage food waste
Food Waste
Product updates
Apr 12, 2023
LeanPath to launch AI-powered food waste prevention coaching assistant
Food Waste
Partnerships
Dec 14, 2022
LeanPath partners with University of Wisconsin Madison to reduce campus food waste.
Food Waste

Company Brief


HQ location:
8305 SW Creekside Place Suite A Beaverton OR USA
Founded year:
2004
Employees:
101-250
Total Funding:
USD 7.5 million
Last Funding
USD 7.0 million, Oct 2019

Funding


Investors


No investor data is available

Funding data are powered by Crunchbase
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