Upshop

Upshop

Software platform for fresh food operations

About Upshop

Simplify's Rating
Why Upshop is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Food & Agriculture

Enterprise Software

Company Size

51-200

Company Stage

Series D

Total Funding

$1.8M

Headquarters

Tampa, Florida

Founded

1989

Overview

Upshop provides a software platform that helps grocery stores and supermarkets improve their fresh food operations. The platform includes tools for smarter ordering, inventory management, and demand forecasting, allowing retailers to streamline their processes and reduce waste. By using Upshop, stores can ensure that fresh products like produce, dairy, meat, and bakery items are always available, which enhances customer satisfaction and boosts sales. Unlike many competitors, Upshop focuses specifically on the fresh food segment and operates on a subscription-based model, charging retailers based on their size and the services they use. The goal of Upshop is to help retailers increase their profitability by optimizing their fresh food sections.

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Simplify's Take

What believers are saying

  • Increased demand for AI-driven inventory management boosts Upshop's market potential.
  • Strategic investment from Level Equity provides capital for technology enhancement.
  • WIC Smart Substitution Workflow opens new customer segments for Upshop.

What critics are saying

  • Integration challenges with ReposiTrak may disrupt operations if not managed well.
  • Merger with Invafresh could lead to cultural clashes affecting productivity.
  • Over-dependence on AI technology risks operational issues if technology underperforms.

What makes Upshop unique

  • Upshop's SaaS platform optimizes fresh food operations for large retail chains.
  • The merger with Invafresh expands Upshop's global reach to over 400 retailers.
  • Partnership with ReposiTrak enhances Upshop's food traceability capabilities.

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Funding

Total Funding

$1.8M

Above

Industry Average

Funded Over

0 Rounds

Benefits

Hybrid Work Options

Competitive Salary

401(k) Company Match

Unlimited Paid Time Off

Home Office Stipend

Company News

Infralog
Jan 15th, 2025
ReposiTrak and Upshop link platforms to enable food traceability

ReposiTrak, a global food traceability network operator, will partner with Upshop, a provider of store operations technology for food retailers, to create an end-to-end grocery traceability solution that reaches from the supply chain to the retail store, the firms said today.

PR Newswire
Jul 9th, 2024
Upshop And Invafresh Unite To Transform Global Food Retail Technology

Connecting supply chains, in-store systems, associate workflows, and shoppers to fresher, healthier foodNEW YORK, July 9, 2024 /PRNewswire/ -- Today, Upshop and Invafresh announce their merger, marking a significant milestone in the food retail industry. Together, they aim to address major food sector challenges: availability, affordability, and waste. The united entity, Upshop, aims to empower communities worldwide by enabling better access to fresh, safe, and affordable food, regardless of whether it's prepared, perishable, or shelf stable.The merger of Upshop and Invafresh is set to transform the landscape of food retail technology. The combined Upshop organization offers the first global retail enterprise operating platform built for the complexities of food. The platform will be used by more than 400 retailers in 35 countries, operating in over 50,000 stores, and affecting millions of associates and shoppers every day.Retailers face increasing pressure to meet heightened operational and service expectations from suppliers, associates, and shoppers alike. The challenge of introducing more affordable, healthy options into stores has been compounded by issues with technology that associates have struggled to adopt

Supermarket Perimeter
Jan 29th, 2024
AI technology wears many hats in the food retail industry

In the summer, De Pere, Wis.-based family- and employee-owned grocer Festival Foods partnered with Upshop to utilize its Fresh SaaS software, which is designed to help retailers simplify and streamline inventory management and overall workflow across the fresh perimeter.

William Blair
Jan 8th, 2024
Upshop Has Received a Strategic Investment from Level Equity

Upshop has received a strategic investment from Level Equity.

Perishable News
Nov 8th, 2023
WIC-Eligible Families Guaranteed Elevated eCommerce Service

TAMPA, Fla. - Upshop, the leading provider of AI-driven retail software for store operations, is proud to announce the launch of the WIC Smart Substitution Workflow, a groundbreaking feature designed to enhance the online shopping experience for WIC-eligible families.

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