Glovo (Series C)

Funding Details
Awarder
Inbox
Date Award
January 15, 2023
Vertical
Delivery Services
Funding URL
View Funding Page
Premoney Valuation
$850,000,000
Valuation
$1,000,000,000
Funding Amount:
$150,000,000

Company Info
Founding Year
2015
Traction
Glovo has seen a 200% increase in user growth over the past year and has expanded its services to over 20 countries.
Revenue Amount
$50,000,000
ARR
$30,000,000
Organizations Involved
Uber Eats, Just Eat
Founders
Oscar Pierre, Sacha Michaud
Company Description
Glovo is an on-demand delivery service that allows users to order food, groceries, and other products from local stores and restaurants through its mobile app.
Market
Food Delivery
Location
Barcelona, Catalonia, Spain
Coinvestors
Seaya Ventures, Cathay Innovation

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