
Munch
Platform where restaurants, bakeries, supermarkets, hotels and other stores can sell their surplus food.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor investor | €0.0 | round |
investor investor investor | €0.0 | round | |
investor | €0.0 | round | |
* | N/A | Series A | |
Total Funding | 000k |
HUF | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | - | 2939 % | 137 % | 48 % | 366 % |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
% profit margin | (6 %) | (122 %) | (225 %) | (90 %) | (170 %) |
EV | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Related Content
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.
Tech stack
Investments by Munch
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