Inoqo
A personal lifestyle app that helps to combine environmental and social responsibility with daily grocery choices.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| N/A | €0.0 | round | |
| investor investor investor | €0.0 | round | |
* | N/A | N/A | Seed |
| Total Funding | 000k | ||
| USD | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Inoqo is a startup that provides a Software-as-a-Service (SaaS) platform designed to help businesses in the food and beverage (F&B) industry measure and reduce their environmental impact. The company leverages artificial intelligence (AI) to analyze both publicly available and private data, offering a comprehensive view of the sustainability of F&B products. This includes assessing ingredients, recipes, ingredient origins, and production processes.
The primary clients of inoqo are businesses within the F&B sector, including producers, manufacturers, and retailers. These clients use inoqo's platform to manage their scope 3 emissions, which are indirect emissions that occur in a company’s value chain. By identifying emission hotspots, businesses can take proactive measures to reduce their environmental footprint.
Inoqo operates in the sustainability and environmental compliance market, which is becoming increasingly important as regulations tighten and consumer demand for sustainable products grows. The platform helps businesses stay compliant with upcoming EU regulations, such as the Corporate Sustainability Reporting Directive (CSRD), and facilitates timely submission of reports to the Science Based Targets initiative (SBTi).
The business model of inoqo is subscription-based, where clients pay a recurring fee to access the platform and its features. This model ensures a steady revenue stream for the company while providing ongoing value to its clients. Inoqo generates additional revenue by offering premium features and personalized consulting services to help businesses optimize their sustainability practices.
In summary, inoqo enables F&B businesses to assess their environmental impact, optimize production processes, and stay compliant with regulations, all while driving revenue growth through sustainable practices. The company positions itself as a leader in the sustainable transformation of the F&B industry, helping clients attract eco-conscious customers and top talent.
Keywords: SaaS, AI-driven, sustainability, F&B industry, scope 3 emissions, EU regulations, CSRD, SBTi, environmental impact, subscription model.