OpenReg revolutionizes nutraceutical and food compliance with automated recipe analysis, reducing errors, costs and food waste, with a Total Addressable Market is worth USD 7.2 billion.
OpenReg's One Click Compliance automates recipe analysis against regulations, delivering instant results.
Our unique advantages include:
- Expertise and Network: Deep regulatory knowledge and a global network.
- Technological Integration: SAP integration and proprietary AI models.
- AI-Driven Engine: Unmatched regulatory intelligence.
Our subscription-based model maximizes customer recruitment and retention.
Key milestones in 2024 include incorporation, pilot programs, and a SAP partnership. We project breaking even by 2026 and achieving over CHF 10 million in revenue by 2029.
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Venture Kick supports potential entrepreneurs with start capital up to CHF 150'000 as well as hands-on execution support and access to a nationwide network of investors and experts in the startup field. Multiple times per year, 8 selected projects get the opportunity to present their business ideas in front of a panel. The 5 most promising projects enter the support process. After 9 months at the latest, the startups incorporate and enter the market. Since 2007, Venture Kick has invested over CHF 58 million in over 1111 projects.
Website:
www.openreg.biz
Headquarter:
Carouge
Foundation Date:
July 2024
Technology:
Sectors: