Foodem.com
Foodem is an online trading, business intelligence and process automation solution for the $650B US wholesale food distribution industry.
- Stage Full Product Ready
- Industry Internet / Web Services
- Location Baltimore, MD, USA
- Currency USD
- Founded November 2010
- Employees 7
- Website foodem.com
Company Summary
By enabling Buyers and Sellers to interact on an unprecedented scale, Foodem benefits both parties. Comparative one-stop shopping among many suppliers creates price transparency, enabling restaurants to better manage and reduce their food costs. Features including customized product catalogs, branded virtual storefronts, targeted advertising & promotions enable Sellers to market to many more Buyers than they can reach with a direct sales force.
Team
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Kash RehmanFounder & Chief Executive OfficerAfter experiencing firsthand how a lack of pricing transparency and manual processing increase costs and impair customer satisfaction throughout the wholesale food supply chain, Kash Rehman founded Foodem.com in 2010. He is part of the MindShare class of 2012, an invitation-only networking group for the CEO's of high growth companies in DC area and graduated from Smith School of Business at UMD with a B.S. in Management and Information Systems.
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Michael BurlandoVP of EngineeringMichael is an entrepreneurial technologist with ten years of experience leading teams to build innovative, consumer-facing technology on web and mobile platforms. He has managed engineering teams at venture-backed startups in two different industries and was a major contributor to highly successful exits for investors in both cases. He has a degree in Computer Science from Carnegie Mellon University.
Advisors
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Whiteford Taylor PrestonLawyerUnconfirmed
Arcpoint PartnersAccountantUnconfirmed
Previous Investors
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Kash Rehman, Founder $200K cashUnconfirmed
Maryland Technology Development Corporation $75K July 2012Unconfirmed
Angel Investors led by Panacea Capital Advisors $600K April 2013Unconfirmed
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