Ovalz is online shortage and spoilage monitoring software for SMBs.
Ovalz automates expiration date checks for grocers; we built an algorithm that cuts grocery labor costs and food waste. U.S. Grocers manually check expirations and throw out 30% of their food each year.With Ovalz, product expiration date status is digitally available because we integrate across your systems without purchasing expensive devices.We assign a unique digital ID to your products when items are received, including a Lot ID and expiration date that follows your inventory from storeroom to purchase.Our algorithm is available through our web app and coming API.We are an early-stage Tedco Portfolio Company headquartered in College Park, MD.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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Jun 20, 2020 | Seed | $200K | 1 | TEDCO | — | Detail |