Ida

Ida is a French startup leveraging artificial intelligence to help supermarkets and grocery stores optimize their orders of fresh products, including fruits, vegetables, meat, poultry, and fish. By analyzing various data points, Ida's AI technology predicts demand more accurately, thereby reducing food waste and improving inventory management. The company primarily serves retail clients in the grocery sector, aiming to enhance operational efficiency and sustainability. Ida's business model revolves around a subscription-based service, where clients pay for access to the AI platform and its predictive analytics capabilities. Revenue is generated through these subscription fees, which are tiered based on the scale of the client's operations and the complexity of their needs. The recent seed funding round of 2.9 million euros from investors such as Frst, Daphni, Motier Ventures, and Kima Ventures will be utilized to further develop the technology and expand market reach.

Keywords: AI, food waste, supermarkets, grocery stores, fresh products, inventory management, predictive analytics, sustainability, retail, subscription model.