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Web-based virtual Food Hub in Real time making locally grown healthy food accessible to schools, hospitals, retailers food service distrib.

  • Stage Full Product Ready
  • Industry Food and Beverage
  • Location Newport Beach, CA, USA
  • Currency USD
  • Founded September 2011
  • Employees 7
  • Website

Company Summary

Responding to supply chain inefficiencies in produce and protein industry along with increasing demand for local food (sales will increase to $8b in 2012 from $4.8b in 2008). “Localicious” developed unique “live” purchasing & inventory system, a “virtual food hub” to source local food. Farmers generate greater margins. Consumers pay less. A wheat farmer receives 6 cents of a dollar spent on a loaf of bread - approx. the cost of wrapping.

Previous Investors

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    Private Individual