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
Organizations Involved
Uber Eats, Just Eat
Founders
Oscar Pierre, Sacha Michaud
Market
Food Delivery
Location
Barcelona, Catalonia, Spain
Coinvestors
Seaya Ventures, Cathay Innovation
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.

Links
Website
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