Bext360
Bext360 is a technology company that provides end-to-end coffee supply chain management solutions using artificial intelligence and blockchain. The platform utilizes machine vision and AI to source agricultural products for fair and transparent analysis and payments, collecting, analyzing, and making electronic payments utilizing blockchain technology. It offers traceability by tracking goods from source to end…
Funding snapshot
About
Bext360 is a technology company that provides end-to-end coffee supply chain management solutions using artificial intelligence and blockchain. The platform utilizes machine vision and AI to source agricultural products for fair and transparent analysis and payments, collecting, analyzing, and making electronic payments utilizing blockchain technology. It offers traceability by tracking goods from source to end consumer, ensuring accountability throughout the supply chain. The company provides Coinstar-like kiosks that check the grade of coffee beans for collectors, enabling real-time quality assessment and immediate payment to farmers based on bean quality. This approach eliminates intermediaries and ensures fair compensation directly tied to product quality. Founded in 2016 and headquartered in Golden, Colorado, Bext360 has raised approximately $3.4 million in seed funding from investors including Techstars, Plug and Play Tech Center, SKS Ventures, and Fashion For Good.
Business model
SCM Software > Visibility & Compliance > Supply Chain Visibility,
Plug and Play Tech Center Batches > Supply Chain > Batch 2
Team background
College Wise > Cornell University, University of Chicago, Booth School of Business
Institutional investors
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