Journey Foods: 2019 Outlook
At Journey Foods, we know there’s a better way to approach the future of food. We’re an AI-powered platform that supports product management and data services to help thousands of food businesses save money and create better products efficiently. We’ve sold several thousand units of our inaugural data-driven product line, Journey Bites, with more than 1 million cubes manufactured, which supports our machine learning-based algorithms.
We explored several different pathways in order to think about innovation and benefits of something we love to consume: snacks. We experimented with ingredient differentiators, supply chain partners, and emerging sciences. The end product of all of that exploration is Journey Bites.
With the support of Backstage Capital, our early branding and operations efforts were accelerated in Q1 2018. We then finished Q2 with our first non-founder hires. Opening Q3 started off with 3 more angel investments.
We finished our year off solidifying our science and competitive moat more than ever: Our team of scientists and developers created JourneyIO, a living smart journal boosted by artificial intelligence and machine learning. It’s a leading nutrition convenience database for research and product development, ensuring optimal delivery of global ingredients and nutrients that millions of consumers are demanding.
Our products and our research platform mean more than just a good marketing campaign and a jump into a crowded field. We are out to solve so very big issues: sugar intake, diabetes, gut health, mental health effects. This is precisely why we have been so focused on patents, creating a database of benefits of functional ingredients to develop consumables such as shelf stable snack foods (gummies, fruit snacks, vitamins) with optimal nutritional profiles. We are seeking to grow our team but also partnerships for research and creating new snacks – microfoods. We will continue exploring breakthrough opportunities in alternative sugars, sea greens, and enhancing database of plant-based nutritional profiles and functional ingredients. Please connect for more opportunities for collaboration in health claims, taste, texture as well as molecules.
Going into 2019 with pending patents, new enterprise customers and several proven products soon to hit the market we are more thrilled to solve a multi-trillion dollar problem and work alongside great folks for years to come.