Breaking: Tastewise raises $50M Series B led by TELUS Global Ventures Est. 80% of top global F&B companies use Tastewise TasteGPT answers food questions in real time Clients cut launch timelines by 6-8 months Trained on trillions of real food signals Mars · Nestle · PepsiCo · Kraft Heinz · Kroger Breaking: Tastewise raises $50M Series B led by TELUS Global Ventures Est. 80% of top global F&B companies use Tastewise TasteGPT answers food questions in real time Clients cut launch timelines by 6-8 months Trained on trillions of real food signals Mars · Nestle · PepsiCo · Kraft Heinz · Kroger
Company Dossier · Food & Beverage AI · New York & Tel Aviv

Tastewise

The agentic AI platform that reads how the world eats - and tells food brands what to make next.

// Good taste. Wise move.

2017
Founded
$73M
Total Raised
~160
Employees
~80%
Of Top F&B Firms*
Tastewise logo
The Tastewise wordmark. A New York- and Tel Aviv-based company turning food data into decisions for the world's largest brands.
The Story

Where big food goes before it launches

Most new food products fail. Industry lore puts the flop rate somewhere around eight in ten - a sobering number for companies that spend years and millions bringing a snack, a sauce or a beverage to shelf. Tastewise was built around a blunt question: what if a brand could test an idea against the real appetites of millions of people before committing a single dollar to it?

Founded in 2017 by Alon Chen and Eyal Gaon, Tastewise is an agentic AI platform built exclusively for the food and beverage industry. It stitches together proprietary consumer panels, market trackers and what the company describes as trillions of real-time food signals - restaurant menus, retail data, recipes, social conversations and reviews - then puts AI agents trained on food behavior on top of that data. The result is a system that spots rising trends earlier, validates product concepts, and helps teams win space on both supermarket shelves and restaurant menus.

The company says its tools are used by roughly 80% of the top global food and beverage companies, a client roster that reads like a grocery aisle: Mars, Nestle, PepsiCo, Kraft Heinz, Campbell's, Givaudan, Kroger and Waitrose among them. When some of the world's biggest food companies develop new products, a growing number of them consult Tastewise first.

"Mars, Nestle, PepsiCo, Kraft Heinz, Givaudan and Kroger run their high-stakes decisions on Tastewise." - Tastewise, company materials
$50M
Series B (Jun 2025)
6-8 mo
Cut From Launch Timelines
2023
TasteGPT Launched
4
Funding Rounds
The Problem It Solves

Instinct is expensive. Evidence is faster.

For a century, the food industry ran on gut instinct - a chef's palate, a marketer's hunch, a quarterly survey that arrived weeks after the question was asked. That worked when trends moved slowly. It struggles now, when a flavor can travel from a niche menu to a national craving in a matter of weeks, and shelf space is decided long before the wider public catches on.

Tastewise attacks two costs at once: the cost of being slow, and the cost of being wrong. By watching consumer behavior continuously rather than in periodic snapshots, it surfaces demand while it is still rising. By grounding product and campaign decisions in observed behavior, it reduces the number of launches that miss. The company reports that clients have trimmed six to eight months off new-product timelines and saved millions in execution costs.

"TasteGPT lets teams ask a question and receive F&B insights already shaped for decision-making." - Tastewise on its generative AI assistant

What makes it different - Plenty of firms sell food-trend reports. Tastewise's wager is that domain beats scale: rather than fine-tuning a general chatbot and calling it food AI, it built agents trained exclusively on how people cook, order and buy. One of its more unusual assets is an observed home-cooking panel - a window into what people actually make at home, not just what they say they eat. That distinction is the heart of its pitch against broader market-research incumbents like Mintel, NielsenIQ and Datassential.

Products & Services

One platform, many agents

Since 2019

The Platform

End-to-end GenAI system for F&B: consumer panels, market trackers and food intelligence powering trend forecasting, innovation, competitive tracking and category planning.

2023

TasteGPT

A conversational assistant that fuses real-time demand signals, menu data and ingredient trends into decision-ready answers - 24/7 research analysis for food teams.

2025

AI Agents

Food-specific Trends, Marketing and Sales agents that handle trend detection, campaign messaging, retailer sell-in and foodservice workflows.

2025

Agent Builder

A no-code tool that lets brands spin up custom food-intelligence agents tuned to their own categories and questions.

2025

MCP Integrations

Connectors that pipe Tastewise food intelligence directly into Claude, ChatGPT, Copilot and Gemini workflows.

Distribution

AWS Marketplace

Available through the AWS Marketplace, with data infrastructure running on Amazon Web Services.

By The Numbers

Funding, round by round

Capital raised per round

USD millions · 2018-2025
Seed '18
$1.5M
Series A '19
$5M
Ext. '22
$17M
Series B '25
$50M

What the data listens to

Illustrative signal mix
Restaurant menus
High
Home cooking
High
Retail signals
High
Social + reviews
Med

Round figures per public reporting (Calcalist, TechFundingNews, PRWeb). Signal-mix chart is illustrative, not disclosed weighting.

Who Uses It & How It Earns

A B2B subscription for the food aisle

Tastewise sells its intelligence platform and AI agents to food and beverage manufacturers, ingredient suppliers, retailers and foodservice operators as an enterprise SaaS subscription, with tiered access to data and insights and distribution through the AWS Marketplace. The buyers are the people who decide what gets made and how it is sold: innovation, insights, marketing and category teams inside large brands.

MarsNestlePepsiCoKraft HeinzCampbell'sGivaudanKrogerWaitroseViolifeDSM

Named clients per Tastewise materials and press coverage. "~80% of top global F&B companies" is a company-stated figure.

The People & The Expertise

From Google to the grocery aisle

CEO and co-founder Alon Chen is a self-taught engineer who wrote his first code at 12 and spent years at Google - founding and running its Partners program across 27 markets and serving as Google's CMO for Israel and Greece - before leaving to build Tastewise. His co-founder, CTO Eyal Gaon, brings a background across Israel's technology scene. Together they set out to give an instinct-driven industry the same data discipline that reshaped advertising and retail.

The company's expertise sits at an unusual intersection: machine learning and data engineering on one side, genuine culinary and consumer knowledge on the other. That pairing is deliberate. Tastewise's argument is that food is too specific for generic AI - understanding why a flavor rises requires knowing food, not just knowing statistics.

"Good taste. Wise move." - The company tagline, and its thesis in four words
Timeline

Eight years, four rounds

2017

Founded

Alon Chen and Eyal Gaon start Tastewise to bring AI to food and beverage decision-making.

2018

Seed funding

PICO Venture Partners backs the company with $1.5M in seed capital.

2019

Series A

Raises $5M led by foodtech investor PeakBridge to expand its trends and intelligence platform.

2022

$17M and a blue-chip roster

Disruptive AI joins as investor; tools reach companies like Nestle, PepsiCo and Mars.

2023

TasteGPT launches

Debuts a food-specific generative AI assistant that predicts what and how people eat.

2025

$50M Series B

TELUS Global Ventures leads a $50M round; Tastewise rolls out food AI agents and an Agent Builder.

Watch & Listen

See it in context

Video links open a search for the relevant official clips.

FAQ

Quick questions

What does Tastewise do?

It provides an AI platform for the food and beverage industry that combines consumer and market data with food-trained AI agents to help brands spot trends, innovate products, win retail placement and automate marketing.

Who founded Tastewise and when?

Alon Chen (CEO) and Eyal Gaon (CTO) founded the company in 2017. Chen is a former Google executive.

Who are Tastewise's customers?

Large food, beverage and ingredient companies including Mars, Nestle, PepsiCo, Kraft Heinz, Givaudan and Kroger. The company says roughly 80% of top global F&B firms use its tools.

How much funding has Tastewise raised?

About $73M in total, including a $50M Series B in June 2025 led by TELUS Global Ventures.

What is TasteGPT?

TasteGPT is Tastewise's conversational AI assistant that turns real-time consumer demand signals, menu data and ingredient trends into decision-ready food and beverage insights.

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Sources: Calcalist, TechFundingNews, Food Dive, TechCrunch, PRWeb, Retail Tech Innovation Hub, Crunchbase, tastewise.io. Figures marked approximate where third-party estimates apply.