Honey

Pasadena, United States Founded: 2012 • Age: 14 yrs Acquired By PayPal
Honey is recognized for providing automatic coupons and deals online.

About Honey

Honey is a company based in Pasadena (United States) founded in 2012 was acquired by PayPal in November 2019. It operates as a Freemium and Affiliate Model. Honey has raised $9.8 million across 3 funding rounds from investors including PayPal. Honey offers products and services including Honey Extension, Droplist, and Honey on Amazon. Honey operates in a competitive market with competitors including Lolli, Kudos, Karma, Checkmate and Pouch, among others.

Key Metrics
  • Total Equity Funding
    $9.8M (USD)

    in 3 rounds

  • Latest Funding Round
    $5M (USD), Series B

    Oct 2016

  • Investors
  • Acquired by
    PayPal

    (Nov 2019)

Products & Services of Honey

Honey offers a comprehensive portfolio of products and services, including Honey Extension, Droplist, and Honey on Amazon.

Honey Extension
Browser Extension

Automatic coupon application is provided at online checkout.

Droplist
Price Tracking Tool

Price drops are monitored and notifications are sent.

Honey on Amazon
Price Comparison Tool

Sellers on Amazon are compared for better pricing.

Apps and channels of Honey

Honey publishes 2 mobile apps with over 5M+ downloads.

PayPal Honey: Coupons, Rewards
Google Play Shopping Everyone Free
Developer: Honey Science
View on Google Play
PayPal Honey: Coupons, Rewards
App Store Shopping 4+
Developer: Honey
View on App Store

Funding Insights of Honey

Honey has successfully raised a total of $9.8M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $5 million completed in October 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $9.8M
  • Total Rounds 3
  • Last Round Series B β€” $5M

All 3 funding rounds of Honey with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2016$5MSeries B––
–
Jan 2016$4.8MSeries A––
–
Jun 2013–Seed––
–
Valuation history

1 investors in total: 1 institutional.

Investors in Honey

Honey has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include PayPal.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Online payment solutions are offered to consumers and businesses.
1998paypal.comSan Jose, United States
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Investor details for Honey

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

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People of Honey

1073 people are tracked at Honey (373 in leadership, 11 in board & advisors, 689 in team).

NameRoleGroup
Joanne Bradford
–Leadership
Alli Comeau
Head Of Partnership MarketingLeadership
Eugenio Piccolo
Senior Partner Success ManagerLeadership
Kc Sin
Head Of International Compensation And Regulatory Compensation LeadLeadership
Kerri Warner
Head Of Employee Communications, Culture & EngagementLeadership
John Verdi
Senior Director, Global Privacy (legal)Leadership
Michele Hungerford
Director, Automation & Technology Business Program ManagementLeadership
Mike Peterson
Director Of Finance, TechnologyLeadership
Sylvia Wood
Senior DirectorLeadership
Rhodri Jones
Head Of Legal, Paypal UK LtdLeadership
Nath Parameshwaran
Director, Corporate Affairs, India And South AsiaLeadership
Brian Heffernan
Director Data ScienceLeadership
Reese Haydon
Senior Director, Head Of Executive Talent & LearningLeadership
Alexandra Hughmanick
Relationship Manager, Channel Partner MarketingLeadership
Karen Kaskel
Executive Assistant To Svp, Chief Communications And Corporate Affairs OfficerLeadership
Ravi Retineni
Director, Data Engineering And ArchitectureLeadership
Elizabeth Casey
Head Of Social MarketingLeadership
Ramesh Murugan
Senior Director, Employee Technology & ExperiencesLeadership
Sarah Deaton
Retired, Vice President, Global Customer Support: Global Brands, Latam & EnablementLeadership
Srini Venkatesan
Executive Vice President And Chief Technology OfficerLeadership

1053 more people are available in the full profile.

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Complete people profiles for Honey

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

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Timeline of Honey

4 dated milestones of Honey across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded Honey is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Series B, of $5.0M.
  4. Exit Acquired by PayPal.

Competitors of Honey

Honey operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Lolli, Kudos, Karma, Checkmate and Pouch, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
lolli.com2018New York, United States$28.25M–
Browser extension for earning bitcoin or cash
joinkudos.com2021Remote, United States$40.38M–
Kudos is focused on enhancing credit card rewards.
karmanow.com2014Tel Aviv, Israel$25M–
Karma is recognized as a shopping assistant for online deals.
joincheckmate.com2021San Francisco, United States$25.3M–
Browser extension for coupon discovery and application is offered.
joinpouch.com2016London, United Kingdom–37
Provider of browser extension for finding offers on online stores
onsleek.com2021Toronto, Canada$125,000–
Sleek is focused on AI-driven browser extensions for shopping.
lumaly.com2020Berlin, Germany$1.07M–
Lumaly is recognized as a smart shopping assistant tool.
joinesty.com2013Chicago, United States$27,2065
Browser plug-in and secure online password manager
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Detailed competitors of Honey

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
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Web traffic of Honey

The website of Honey (joinhoney.com) receives about 9.3M visits a month.

  • Monthly visits
    9.3M

    ▼ 21.9% vs previous month

Similar websites

Websites whose visitors overlap most with Honey. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
couponfollow.com
100%
10M#4,774View details
retailmenot.com
99%
16M#3,183View details
coupert.com
97%
13.8M#4,683View details
capitaloneshopping.com
87%
–#1,522View details
rakuten.com
85%
199.2M#252View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for Honey

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 40 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Latest news on Honey

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Complete news archive for Honey

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Similar companies to Honey

10 companies that operate in the same segment as Honey (Deals, Rewards & Comparison Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cashback is provided on multi-category product purchases via mobile app.
2012Denver, Colorado, United StatesUSD 97.58 MUSD 342.39 M886
Online platform offering discovery of local deals, experiences, and rewards
2015Gurugram, Haryana, IndiaUSD 105.82 MUSD 37.82 M414
Online group-buying platform offering coupons for multi-category products and services
2010Beijing, ChinaUSD 9.86 BUSD 47.13 B–
Online platform for discovering and booking hotel accommodations at discounted prices
2016San Francisco, California, United StatesUSD 226.3 M––
Promotion-based circulars are digitized for retailers via an app-based solution.
2006Toronto, Ontario, CanadaUSD 78 M–358
Cashback is provided on multi-category products through an app-based platform.
1997San Francisco, California, United States–USD 15.96 B29,330
Cashback and coupon offers are provided for e-commerce shopping.
–Gurugram, Haryana, IndiaUSD 32.61 M––
Cashback is provided automatically through app on diverse purchases.
2016Austin, Texas, United StatesUSD 87.36 M–78
Online platform offering rewards and cashback for multi-category products
2014Singapore, SingaporeUSD 331.7 M––
Promotion management and cashback solutions are provided to retailers.
2016Washington, District Of Columbia, United StatesUSD 250 M––
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Frequently Asked Questions about Honey

Honey was founded in 2012 and raised its 1st funding round 1 year after it was founded.

Honey is headquartered in Pasadena, United States. It is registered at Pasadena, California, United States.

Honey is a funded company, having raised a total of $9.8M across 3 funding rounds to date.

Honey is operated as a browser extension and toolset focused on e-commerce savings. It is designed to automatically search for and apply coupons across over 30,000 online stores. Solutions like Droplist for price tracking and Honey on Amazon for seller comparison are offered. The service targets sectors such as retail, travel, and food delivery, ensuring users are supported in finding deals with minimal effort.

Honey's top competitors include Lolli, Karma and Pouch.

Honey offers Honey Extension, Droplist, and Honey on Amazon.

Honey has 1 investor. Key investors include PayPal.

Honey operates through Honey Science Llc.

Yes. Honey was acquired by PayPal in November 2019.

Yes. Honey publishes PayPal Honey: Coupons, Rewards and 1 more app, with over 5 million downloads.

The website of Honey receives about 9.3 million visits a month.

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