Karma provides a digital platform that enables restaurants to minimize food waste by facilitating the sale of surplus food through mobile ordering and payment systems. This solution not only enhances operational efficiency but also increases revenue by connecting businesses with consumers looking for discounted meals.
Funding
$17.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Restaurants often face challenges in managing surplus food, leading to waste and lost revenue. Traditional methods of dealing with excess inventory are inefficient and fail to connect businesses with potential customers seeking discounted options.
Solution
Karma provides a platform that enables restaurants to monetize surplus food by connecting them with consumers through mobile ordering and payment systems. Restaurants can list their excess food items at discounted prices, attracting customers looking for affordable meals while minimizing waste. The platform streamlines the process of selling surplus food, offering tools for managing inventory, processing orders, and handling payments. By using Karma, restaurants can increase revenue, reduce waste disposal costs, and attract new customers interested in sustainable dining options.
Target Audience
Karma primarily targets restaurants, cafes, bakeries, and other food service businesses looking to reduce food waste and increase revenue by selling surplus food.
Features
- Mobile ordering and payment processing via QR code scanning
- Online ordering and takeaway service with real-time updates
- Customizable loyalty programs to reward repeat customers
- Email marketing tools for targeted promotions and customer engagement
- Self-ordering kiosk functionality for streamlined in-house ordering
- Integration with payment platforms like Klarna, Swish, Apple Pay, and Google Pay
- Analytics dashboard to track sales, customer behavior, and waste reduction