FoodLogiQ, the leading SaaS provider of traceability, food safety and supply chain transparency solutions, today announced Mark Bjerknes will be joining the FoodLogiQ Board of Directors. Bjerknes has been an investor, advisor, and board member for several successful start-up and early stage technology firms, including commercial software, software as a service, and health care technology companies.
Earlier in his career, Bjerknes was the CTO of NYSE Regulation, a division of the New York Stock Exchange. He oversaw technology planning and initiatives for the division, and led the design, development and operations of NYSE’s surveillance and regulatory systems for its fully-electronic stock, options and fixed income markets in the United States.
“Mark’s extensive professional background in planning and execution of technology make him a natural choice for the FoodLogiQ Board of Directors,” says Dean Wiltse, CEO of FoodLogiQ. “His leadership skills and knowledge of SaaS best practices will be of great value to our organization.”
“Choosing Mark as a director for the Board of this fast-growing company is a strategic move,” adds Geordan Hankinson, Principal at Renewal Funds. “Mark’s extensive experience scaling multi-sided platforms and driving complex technology strategy and execution will be invaluable as FoodLogiQ continues to deliver on its product roadmap.”
Today’s announcement follows the news of FoodLogiQ’s completion of their most recent round of funding in the amount of $19.5 million. The round includes strategic investorsTesto, Inc., a global provider of HACCP solutions and IoT technology, andTyson Ventures, the corporate venture subsidiary of Tyson Foods, along withPontifax AgTech, a pioneering growth capital investor in food and agriculture technology,Nicola Wealth Management, a Canadian-based asset fund management and private investment counsel firm, andGreenhouse Capital, an investor in emerging businesses that promote health and sustainable living. The round was led byRenewal Funds when the mission-based venture capital firminvested in FoodLogiQin September 2017.
“I’m honored to join FoodLogiQ’s Board of Directors during this exciting time of growth and investment for the company,” says Bjerknes. “FoodLogiQ is a leader at the crossroads of food and technology, and I look forward to playing a part in its future success.”