When was Surplus founded?

Surplus was founded in 2020 and raised its 1st funding round 2 years after it was founded.

Where is Surplus located?

Surplus is headquartered in Jakarta, Indonesia.

Who is the current CEO of Surplus?

Muhammad Agung Saputra of Surplus. They have also founded 1 company.

How many employees does Surplus have?

As of Jul 01, 2024, the latest employee count at Surplus is 29.

Is Surplus a funded company?

Surplus is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Apr 07, 2022.

When was the latest funding round of Surplus?

Surplus' latest funding was a $***** Seed round on Jan 14, 2023, with participation from 1 investor.

Where does Surplus rank among its competitors?

Surplus ranks 1st amongst 3 active competitors, only 1 of which is funded., of which only Surplus is funded and secured an undisclosed amount in Jan, 2023.

Who are the top competitors of Surplus?

Surplus' top competitors include DamoGO, DamoGO and Gifood. Among them, Surplus secured the most recent funding round in January, 2023.

Surplus - 2026 Company Profile, Team, Funding & Competitors

Surplus is a seed company based in Jakarta (Indonesia), founded in 2020 by Calvin Rudolph and Muhammad Agung Saputra. It operates as an Online marketplace to discover and order surplus food from restaurants. Surplus has raised an undisclosed amount in funding from SPIL. The company has 3 active competitors, including 1 that is funded. Its top competitors include companies like DamoGO, DamoGO and Gifood.

Company Details

Online marketplace to discover and order surplus food from restaurants. It allows customers to buy meals from restaurants, hotels, bakeries, farms, supermarkets, and food retailers. It also provides referral codes and discount vouchers.

Website: surplus.id
Social
Email ID: *****@surplus.id

Key Metrics

Founded Year

2020

Location

Jakarta, Indonesia

Stage

Seed

Latest Funding Round

Seed, Jan 14, 2023, $*****

Investors

SPIL & 2 more

Ranked

1^st among 3 active competitors

Employee Count

29 as on Jul 01, 2024

Similar Companies

Too Good To Go & 177 more

View Surplus' full profile

Surplus has raised funding over 2 rounds. Its first funding round was on Apr 07, 2022. Its latest funding round was a Seed round on Jan 14, 2023 for $*****. 1 investor participated in its latest round. Surplus has 3 institutional investors.

Here is the list of recent funding rounds of Surplus:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 14, 2023	2989770	Seed	3263723	2288222	4771092	4938690
Apr 07, 2022	9284424	Grant (prize money)	2064223	9911836	4471192	Globalization Partners & 1 more

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View details of Surplus's funding rounds and investors

The founders of Surplus are Calvin Rudolph and Muhammad Agung Saputra. Muhammad Agung Saputra is the CEO of Surplus.

Here are the details of Surplus' key team members:

Calvin Rudolph: Co-Founder of Surplus and founder of 1 other company.
Muhammad Agung Saputra: Founder & CEO of Surplus.

View details of Surplus's Founder profiles and Board Members

Surplus' employee count trend

Surplus has 29 employees as of Jul 24. Here is Surplus's employee count trend over the years:

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Top competitors of Surplus include DamoGO, DamoGO and Gifood. Here is the list of Top 10 competitors of Surplus, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Surplus 2020, Jakarta (Indonesia), Seed	Online marketplace to discover and order surplus food from restaurants	-	B Capital, Globalization Partners & 1 others	39/100
2nd	DamoGO 2018, Sleman (Indonesia), Deadpooled	Platform offering food procurement solution for food businesses	-	Plug and Play APAC, TheVentures & 1 others	25/100
3rd	DamoGO 2020, Yogyakarta (Indonesia), Unfunded	App-based platform for ordering surplus food	-	-	24/100
4th	Gifood 2017, Jakarta (Indonesia), Unfunded	Platform for discovering and ordering surplus food	-	-	18/100
5th	MyFreeFood 2021, Indonesia, Deadpooled	Online platform to discover and order new and surplus food from restaurants	-	-	15/100
6th	Yummit 2019, Surabaya (Indonesia), Deadpooled	Online platform for ordering surplus food	-	-	15/100