Munch

Munch

Platform where restaurants, bakeries, supermarkets, hotels and other stores can sell their surplus food.

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Financials

Estimates*

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Revenues, earnings & profits over time
USD202120222023
Revenues000000000000
% growth-122 %62 %
EBITDA000000000000
Profit000000000000
EV000000000000
EV / revenue00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x
R&D budget000000000000

Source: Dealroom estimates

More about Munch
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Munch.hu is a Hungarian startup that operates in the food industry, specifically in the area of food waste management. The company provides a platform where restaurants and stores can sell their unsold but still high-quality food at a discounted price. This not only helps businesses reduce their losses but also contributes to a more sustainable food economy from environmental, social, and economic perspectives.

Munch.hu's business model is based on the concept of a win-win situation for both businesses and consumers. Businesses get to minimize their losses by selling food that would otherwise go to waste, while consumers get to purchase food at a 40-60% discount. This model not only helps in reducing food waste but also aids in preventing the emission of approximately 1600+ tons of greenhouse gases.

In addition to this, Munch.hu has also launched a charity project in collaboration with the Hungarian Food Bank called MunCharity. Through this project, users can invite a person in need to a meal, further emphasizing the company's commitment to social responsibility.

Munch.hu serves a broad range of clients, including restaurants, stores, and consumers who are conscious about food waste and are looking for affordable food options. The company operates in the Hungarian market, providing a simple solution to a global problem.

In terms of revenue generation, while it's not explicitly stated, it's likely that Munch.hu earns money by charging a commission or fee from the businesses for every transaction made through their platform.

Keywords: Food Waste Management, Sustainability, Discounted Food, Restaurants, Stores, Consumers, Social Responsibility, Hungarian Market, Commission-Based Revenue, Charity Project.

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Investments by Munch

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bonapp.eco
ACQUISITION by Munch Feb 2025