Karma

Executive Summary

Karma, a Stockholm-based marketplace, partners with restaurants and grocers across Europe to reduce food waste. Its B2C platform, along with its SaaS tool for food waste management, enabled 26 million saved meals and resulted in 30,000 tons of CO2e avoided by the end of 2022. The Karma platform's business model is commission-based, charging retailers a 25% commission on saved items and a €299 monthly fee for its SaaS tool. With the global food waste reduction market projected to reach $68.4 billion by 2030, Karma is well-positioned for growth, capitalizing on increasing consumer and regulatory pressures for sustainable food practices. Its competitive landscape includes other food waste apps and direct-to-consumer sustainable food services.