4 FREAKING BILLION DOLLARS???
Honey Science Corp. is an American technology company headquartered in Los Angeles, California. Its browser extension aggregates and automatically applies online coupons.
Honey’s revenue comes from a commission made on user transactions with partnering retailers. When a member makes a purchase from select merchants, Honey shares part of its commission with the member in a cashback program.
Users are notified of price drops and price history on selected items sold by participating online stores.
As of January 2018, Honey has raised a total of $40.8 million in venture backing.
- Honey had 17 million MAUs in October 2019. PYPL is paying ~$235 per MAU. That is insane.
- Honey’s estimated annual revenue is $100 million and growing at 100% YoY.