Bloom IQ

What Bloom IQ does

Bloom IQ Technologies is a Calgary-based private company that builds an AI-powered market intelligence platform for the global fresh produce industry. The platform combines three integrated products: BiQ, a proprietary large language model designed specifically for fresh produce and available in over 200 languages for natural-language commodity queries and forecasting; Analytics, which delivers hyper-accurate data, 1-week and 6-week planning forecasters, commodity consumption prediction, macro volume indicators, and customizable 24/7 market alerts; and Market News, a structured intelligence page combining top movers, industry metrics, expert opinions, and video briefings. The underlying technology is described as the first neural network purpose-built for fresh produce markets, providing end-to-end visibility across growing seasons and production regions.

The company's go-to-market is hybrid: a self-serve product-led growth motion via app.bloomiq.io targets SMB and individual users with direct sign-up, supplemented by a direct enterprise sales motion for larger procurement and supply chain customers. Revenue is generated through SaaS subscription, though specific pricing tiers and price points are not publicly disclosed. Target users include fresh produce category managers, buyers, procurement teams handling cross-border sourcing, distributors, and suppliers who require real-time market intelligence, price forecasting, and supply/demand visibility. The company was founded in 2024 by David Karwacki (CEO), Matthew Ledray (Director), and Alexandre Carvalho (CTO), with SVG Ventures listed as a strategic investor.

Bloom IQ is at an early commercialization stage: the firm reports 1–10 employees, no disclosed revenue, and limited public information on pricing or named customers. Its strategic positioning rests on vertical specialization (domain-specific neural network and LLM for produce), multilingual global reach, and an integrated intelligence workflow spanning predictive forecasting, real-time alerts, and curated news. The principal risks are execution at a very early stage and unvalidated claims about proprietary AI depth; the principal upside is the defensibility of a purpose-built AI stack in an underserved vertical.

Name

Bloom IQ

Legal name

Bloom IQ Technologies

Website

https://bloomiq.io

Company type

Private

Founded year

2024

Operating status

Operating

Headcount range

1–10 employees

Short description

Bloom IQ Technologies is a Calgary-based AI startup that provides a market intelligence platform for the global fresh produce industry, combining a proprietary neural network and a domain-specific LLM (BiQ) to deliver price forecasting, supply/demand mapping, and real-time alerts to produce category managers and procurement teams via a self-serve SaaS product.

Ownership category

akta.pro rank

Product category

Agricultural Market Intelligence Software

akta.pro primary industry

Augmented Analytics & AI-Assisted BI (NLQ/NLG, Insights) (HDAEAMAD)

akta.pro secondary industries

Operational/Real-Time BI & Streaming Analytics (HDAEAMAH), Business Intelligence, Reporting & Visualization Services (BPAEAHAD)

Keywords

• Fresh produce intelligence
• Agricultural market analytics
• Commodity price forecasting
• Supply chain visibility
• Produce procurement software

Headquarters

HQ city

Calgary

HQ country

Canada

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. SaaS Platform Subscription: SaaS platform likely operates on a subscription model with tiered access to market intelligence features, real-time data, forecasting tools, and AI-powered analytics. The presence of sign-up and login flows indicates recurring access-based revenue.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Bloom IQ provides an AI-powered fresh produce market intelligence platform that delivers real-time commodity data, price forecasting, and supply-demand analytics to produce industry buyers, category managers, and supply chain teams. Its offering centers on three integrated products: BiQ (a fresh produce-specific LLM chatbot available in over 200 languages), Market News (a structured intelligence feed of top movers, industry metrics, expert opinions, and video content), and Analytics (global supply and demand mapping with customizable 24/7 alerts and 1-week and 6-week planning forecasters).

Product overview

Bloom IQ is a unified Fresh Produce Market Intelligence Platform consisting of three integrated products: BiQ (AI-powered LLM chatbot for natural language queries on commodity data and forecasting), Market News (structured intelligence combining market movers, industry news, expert opinions, and video content), and Analytics (real-time data and customizable market alerts). The platform leverages predictive AI and machine learning algorithms to provide end-to-end visibility across growing seasons and production regions.

Differentiator

Problem solved

Functional benefit

Products and services

• BiQ AI-powered chatbot and large language model (LLM) designed specifically for the fresh produce industry. BiQ provides conversational, natural language access to real-time commodity data, price forecasting, and market insights for fresh produce buyers, category managers, procurement teams, distributors, and suppliers globally.
• Market News A structured intelligence product that combines top market movers (price, volume, weather, terminal movements), key industry metrics for landed cost and cross-border procurement, curated industry news, expert opinions, and video content including market briefings and analyst walkthroughs. Built for fresh produce supply chain and procurement professionals.
• Analytics Market analytics platform offering hyper-accurate data, mapping of global supply and demand across commodities, customizable 24/7 market alerts, 1-week and 6-week planning forecasters, a commodity consumption predictor, and macro volume indicators. Built for fresh produce category managers, procurement teams, distributors, and suppliers needing real-time visibility into commodity markets.

Quantifiable outcome

• Provides market visibility across growing seasons and production regions for strategic planning

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature6 records

Scale indicators1 record

Recent moves6 records

Expansion highlights4 records

Direct peers

• Gro Intelligence: Gro Intelligence provides an AI-driven agricultural market intelligence platform offering forecasts, supply/demand analytics, and a queryable data layer across crops—directly competing with Bloom IQ's vertical intelligence and forecasting proposition for agricultural commodities.
• DTN: DTN delivers agricultural weather, market data, and analytics to producers and agribusinesses, including produce and specialty crop segments, making it a comparable commercial intelligence provider in the same buyer category as Bloom IQ.
• ProducePay: ProducePay is a fresh produce marketplace and financing platform that also surfaces market data and supply chain insights to growers and buyers—an overlapping customer base and value proposition for cross-border produce procurement decisions.
• Ever.Ag: Ever.Ag (formerly Dairy.com and EFC Systems) provides supply chain and market intelligence software across agricultural commodities, including perishables; its analytics and forecasting products overlap with Bloom IQ's BI and forecasting capabilities for ag supply chain buyers.

Broad incumbents

• Indigo Ag: Indigo Ag is a large, established agtech company with digital agronomy and marketplace offerings touching the same grower and buyer ecosystem; while not a direct BI competitor, its scale and data assets make it a broader incumbent in agricultural digital services.
• Microsoft Power BI: Power BI is a broad, enterprise-scale BI and analytics platform used for dashboards, forecasting, and reporting across industries; many of Bloom IQ's prospective enterprise customers already use Power BI as a generalist alternative for supply chain analytics.
• Salesforce Tableau: Tableau is a leading enterprise BI and visualization platform commonly deployed in supply chain and procurement analytics; it represents the generalist incumbent that enterprise buyers may evaluate alongside a vertical tool like Bloom IQ.
• Palantir Foundry:

Emerging players

• Agriwebb: Agriwebb provides farm management and analytics software for livestock and mixed farming operations; it is comparable as an emerging vertical SaaS player applying data analytics to agriculture, though its primary use case is on-farm recordkeeping rather than market intelligence.
• Agremo: Agremo offers AI-driven analytics for agriculture, including crop monitoring and field-level insights, and serves growers and agribusinesses with predictive analytics—comparable as an emerging AI analytics player targeting agricultural decision-makers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat2 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/bloom-iq-technologies

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bloom IQ