See other companies on Welcome to the Jungle

Torg

Product sourcing for the food & beverage industry

Torg logo
1-20 employees
  • B2B
  • Artificial Intelligence
  • Marketplace
  • Food
  • Logistics
  • Procurement
Mitte, Berlin, Germany

Jump to section

Company mission

To streamline the procurement process, facilitating efficient and fruitful connections between buyers and suppliers.

Our take

In the world of food procurement, annual trade fairs are the main source for retail and wholesale buyers looking for new labels and brands. However, these fairs only exhibit around 10% of what is actually out there, and if buyers want to find the other 90% they have to spend time sifting through websites and data.

Torg aims to streamline the food and beverage procurement process through its online marketplace of suppliers and brands. Powered by AI, it helps companies network with thousands of suppliers for product requests and tenders, effectively getting food onto shelves more efficiently.

Raising funds in 2024, Torg looks to accelerate development and create more AI tools to streamline sourcing. Though young, the company’s pitch taps into a market that is heavily in need of digitisation, and with stock problems becoming more prevalent it is in a great position to revitalise the market.

Steph headshot

Steph

Company Specialist at Welcome to the Jungle

Benefits

  • Work with a highly diverse team of sales, procurement, and technology experts
  • Solve vitally important problems for a growing startup, funded by some of the top VCs in Europe

Funding (1 round)

Apr 2024

$2.9m

SEED

Total funding: $2.9m

Leadership

Hans Kristian Furuseth

(Co-Founder & CEO)

Previously CEO at Farmasiet, Head of UK at Zalando, and Co-Founder and Co-CEO at Vaniday. Was also the Managing Director at LYKE.

Ben Holdham

(Co-Founder)

Previously Head of Product at JustEat and 8fit, Co-Founder at Fitality.io and Product Consultant at Ahdy.

Rita Kerbaj

(Co-Founder & CCO)

Previously Senior Regional Manager at Delivery Hero, Digital Development Consultant at the World Bank, General Manager at toters Delivery and Bootcamp Program Manager at AltCity.