Glovo
Glovo delivers local goods in under an hour across multiple countries, with plans for expansion.
Glovo delivers local goods in under an hour across multiple countries, with plans for expansion.
Glovo is a Barcelona-based startup that has been making waves in the local goods delivery industry since its establishment in 2015. With the slogan "Glovo delivers local goods in under an hour across multiple countries, with plans for expansion," the company has successfully expanded across several countries, including Spain, Italy, Portugal, France, Argentina, Chile, Bolivia, and Peru. In line with its ambitious plans for the future, the company aims to further broaden its reach. Glovo operates in the Food Delivery, Logistics, and Transportation sectors, enabling individuals to access a wide range of products delivered to their doorstep within an hour. The company's most recent milestone is the €450.00M Series F investment on 31 March 2021, involving a group of prominent investors such as GP Bullhound, GR Capital, Drake Enterprises, Luxor Capital, Lugard Road Capital, and Delivery Hero. This substantial investment is a testament to Glovo's potential and underscores the confidence placed in the company's trajectory by some of the most influential entities in the investment landscape.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Seed | €150.00M | 1 | Oscar Pierre Miquel | 16 Oct 2024 |
| Series F | €450.00M | 6 |
|
31 Mar 2021 |
| Corporate Round | €100.00M | 1 |
|
19 Jan 2021 |
| Venture Round | Unknown | - | 28 Dec 2020 | |
| Series E | $167.00M | 7 |
|
20 Dec 2019 |
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