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Shelf Engine

Shelf Engine

Shelf Engine is a Seattle-based software company and developer of an automated prediction ordering platform for food retailers, intended to reduce food waste.

OverviewStructured DataIssuesContributors

Contents

shelfengine.com
Is a
Organization
Organization
Company
Company

Company attributes

Industry
Food industry automation
Food industry automation
Clean technology
Clean technology
Artificial Intelligence (AI)
Artificial Intelligence (AI)
Retail
Retail
Predictive analytics
Predictive analytics
Analytics
Analytics
Technology
Technology
Supply chain management
Supply chain management
Location
Seattle
Seattle
B2X
B2B
B2B
CEO
Stefan Kalb
Stefan Kalb
Founder
Bede Jordan
Bede Jordan
0
Stefan Kalb
Stefan Kalb
0
AngelList URL
angel.co/shelfengine
Pitchbook URL
pitchbook.com/profiles...170313-94
Accelerator
Plug and Play
Plug and Play
0
Y Combinator
Y Combinator
0
Accelerator Batch
‌
Y Combinator S18 Batch
0
Plug and Play Food and Beverage Batch 2
Plug and Play Food and Beverage Batch 2
0
Number of Employees (Ranges)
51 – 200
Email Address
talk@shelfengine.com
Full Address
1100 2nd Ave, Suite 500, Seattle, WA 98101
Investors
Founders' Co-op
Founders' Co-op
Y Combinator
Y Combinator
0
Pioneer Fund
Pioneer Fund
Bain Capital Ventures
Bain Capital Ventures
General Catalyst
General Catalyst
Firebolt Ventures
Firebolt Ventures
Foundation Capital
Foundation Capital
GGV Capital
GGV Capital
...
Founded Date
2016
0
Total Funding Amount (USD)
58,220,000
Latest Funding Round Date
March 18, 2021
CTO
Bede Jordan
Bede Jordan
Latest Funding Type
Series B
Series B
Motto/Tagline
Reduce food waste through automation.
Wellfound ID
shelfengine
Country
United States
United States
0

Other attributes

Company Operating Status
Active
Latest Funding Round Amount (USD)
41,000,000
Y Combinator URL
ycombinator.com/compani...f-engine0
Overview

Shelf Engine is a Seattle-based software company and developer of an automated prediction platform intended to transform the food supply chain by enabling grocery stores and other food retailers to increase profit margins while drastically reducing food and beverage waste, as well as out-of-stocks. The company's automated prediction engine uses machine learning, historical data, gross margins, and shelf life information to accurately forecast demand for perishable goods, minimizing waste and maximizing profits. The company's stated mission is to "reduce food waste through automation."

History

Shelf Engine was founded in 2016 by Stefan Kalb and Bede Jordan. In March 2017, the company gained its first client, Metier Cafe. In summer 2018, Shelf Engine joined the Y Combinator S18 Cohort and subsequently raised a $4.3 million seed round. In 2018, the company gained its first national client, Whole Foods. In February 2020, Shelf Engine raised a $12 million Series A funding round and launched the Shelf Engine field team. In March 2021, Shelf Engine raised a $41 million Series B funding round. In April 2021, Shelf Engine was named a #1 startup for women in tech by Elpha.

Services

Shelf Engine offers forecasting, reporting, and guaranteed sales services to its clients, to optimize their supply chain and simplify how retailers order highly perishables. The company provides OaaS intelligent forecasting using machine learning and proprietary, predictive models to generate accurate orders for stores. Shelf Engine's business model handles the entire ordering process from vendor management to shelf optimization, saving retailers money and reducing risk by buying back any remaining unsold items. Shelf Engine offers additional resources to its customers to improve grocery operations, boost sales, eliminate shrink, and develop shopper loyalty, including case studies, videos, webinars, white papers, ebooks, infographics, and its proprietary blog. The Shelf Engine Blog provides news and insights on grocery innovation, customer experience, shelf life sustainability, and tech innovation.

Shelf Engine explanation video

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

How Retailers Radically Reduce Food Waste & Increase Sales

https://www.shelfengine.com/resources/intersections-podcast-with-shelf-engine-ceo-stefan-kalb/

Web

Shelf Engine has a plan to reduce food waste at grocery stores, and $12 million in new cash to do it

Jonathan Shieber

https://techcrunch.com/2020/07/21/shelf-engine-has-a-plan-to-reduce-food-waste-at-grocery-stores-and-12-million-in-new-cash-to-see-i/

Web

July 21, 2020

Shelf Engine Pivots To RaaS Model To Ensure Shoppers' Success

https://www.theshelbyreport.com/2022/01/19/shelf-engine-pivots-to-raas-model-to-ensure-shoppers-success/

Web

January 19, 2022

Shelf Engine Raises $41 Million to Transform the Grocery Supply Chain, Quadrupling Retailer Profits While Reducing Food Waste by One Third

Shelf Engine

https://www.prnewswire.com/news-releases/shelf-engine-raises-41-million-to-transform-the-grocery-supply-chain-quadrupling-retailer-profits-while-reducing-food-waste-by-one-third-301250109.html

Web

March 18, 2021

Shelf Engine's CEO On Disruptive Innovation Without Disruptive Adoption And The AI-Driven Future Of Grocery Retail

Aparna Dhinakaran

https://www.forbes.com/sites/aparnadhinakaran/2022/01/27/shelf-engines-ceo-on-disruptive-innovation-without-disruptive-adoption-and-the-ai-driven-future-of-grocery-retail/?sh=1438d08a720c

Web

January 27, 2022

References

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