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