Dan Bergstein
Co-founder & Vice Chairman
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Varcode
Former names:
Dynamic Barcodes for Assessing Product Freshness
Stealth Mode
by Four M Commercial Operations on Feb, 2025
Varcode
Varcode Overview
Varcode develops technology for continuous cold-chain monitoring for perishables such as food and medicine. The company's technology provides a dynamic barcode, barcode readers, and a dashboard for up-to-date transportation information.
Varcode's SmartTags are barcodes that change according to time and temperature conditions. Distributors can scan the code and determine how well their goods have been preserved throughout the transportation process.
SmartTags' data helps distributors determine the most appropriate use of each delivery and whether it is in optimal condition, should be sold at a discount, or must be returned. The SmartTags system also includes a cloud-based SaaS for reports and alerts. SmartTags can be read by specialized scanners as well as most smartphones.
In 2018, Varcode was chosen to participate in the IBM Alpha Zone accelerator program.
Varcode's SmartTags are barcodes that change according to time and temperature conditions. Distributors can scan the code and determine how well their goods have been preserved throughout the transportation process.
SmartTags' data helps distributors determine the most appropriate use of each delivery and whether it is in optimal condition, should be sold at a discount, or must be returned. The SmartTags system also includes a cloud-based SaaS for reports and alerts. SmartTags can be read by specialized scanners as well as most smartphones.
In 2018, Varcode was chosen to participate in the IBM Alpha Zone accelerator program.
Cumulative Funding Raised Over Time ($)
Employees Over Time
Varcode Climate Tech relevance
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Feb 21, 2025
www.marketwatch.com
FMCO Acquires Varcode, Inc., Paving the Way for Rapid Growth and Innovation
null
Sep 21, 2022
www.food-safety.com
Varcode, National Packaging Group Develop Smart Packaging Solutions for Temperature-Sensitive Products
#Not applicable
Jun 3, 2020
ajot.com
Varcode closes latest financing round to further fuel growth and meet increased customer demand
undefined
Sep 27, 2019
thespoon.tech
Cool Idea: Varcode Uses Blockchain and Barcodes to Monitor the Food Supply Cold Chain
#Customers, Expand
Sep 18, 2019
www.perishablenews.com
Temperature-sensitive Supply Chain Innovator Varcode Appoints Joseph Battoe CEO - Perishable News
#Management Changes
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Total funding
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Number of employees
Founded
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(null)Web & social links
https://www.varcode.com
Locations
Israel
Zarhin Street 26, Ra'anana, Israel
Offices Abroad
Chicago, IL, USA
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Published on Mar 19, 2017
Varcode Business
Sector
Primary:
Agriculture & Food Technologies
Target Customer
Core Technology
Use Cases
(0)Tech Community Involvement
(0)Varcode Financials
Cumulative Funding Raised Over Time ($)
No Data, yet.
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Public Offerings & Exits
M&A
EXIT
Undisclosed
Feb 2025
Type
Acquisition
Was acquired by
Four M Commercial Operations
Undisclosed
Private Equity Funding
Undisclosed Round
$500K
Apr 2021
1
Investors
$500K
Undisclosed Round
Undisclosed
Jun 2020
0
Investors
Undisclosed
Undisclosed Round
$2M
Jun 2016
1
Investors
$2M
Non-Equity Funding
Mergers and Acquisitions
Varcode Lifecycle
Cumulative Funding Raised Over Time ($)
Timeline
Employees Over Time
News Over Time
No Data, yet.
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M&A
EXIT
Undisclosed
Feb 2025
Type
Acquisition
Was acquired by
Four M Commercial Operations
Undisclosed
Undisclosed Round
$500K
Apr 2021
1
Investors
$500K
Undisclosed Round
Undisclosed
Jun 2020
0
Investors
Undisclosed
Program
Dec 2018
Hub
Name
IBM Alpha Zone
Batch
7
Undisclosed Round
$2M
Jun 2016
1
Investors
$2M
Varcode News
News Over Time
No Data, yet.
Sorry, no content found under this section.
News Articles
Feb 21, 2025
www.marketwatch.com
FMCO Acquires Varcode, Inc., Paving the Way for Rapid Growth and Innovation
null
Sep 21, 2022
www.food-safety.com
Varcode, National Packaging Group Develop Smart Packaging Solutions for Temperature-Sensitive Products
#Not applicable
Jun 3, 2020
ajot.com
Varcode closes latest financing round to further fuel growth and meet increased customer demand
undefined
Sep 27, 2019
thespoon.tech
Cool Idea: Varcode Uses Blockchain and Barcodes to Monitor the Food Supply Cold Chain
#Customers, Expand
Sep 18, 2019
www.perishablenews.com
Temperature-sensitive Supply Chain Innovator Varcode Appoints Joseph Battoe CEO - Perishable News
#Management Changes
Related Content
Varcode Team
No Data, yet.
Sorry, no content found under this section.
Employees Over Time
Companies you might be interested in
Driven by Finder AI
-
FourtecIndustrial Data Logging and Monitoring Solutions11-50 employees • Funding Stage: Mature
shared sectors
Also shared
Are these companies similar? -
ResorcixAntimicrobial Solutions for the Food and Beverage Industry1-10 employees • Funding Stage: Acquired
shared sectors
Also shared
Are these companies similar? -
Todos TechnologiesSensing Technology for the Food IndustryAre these companies similar?
-
Bio-LeafPostharvest Solutions for Fruits and Vegetables11-50 employees • Funding Stage: Pre-Funding
shared sectors
Also shared
Are these companies similar?
Varcode Internal
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