About Glovo
Glovo is a company based in Bucharest (Romania) founded in 2012 was acquired by Glovo in May 2021. It operates as a On-Demand Services, and Two-Sided Marketplace. Glovo offers products and services including Food Delivery, Grocery Delivery, and General Delivery.
- Headquarter Bucharest, Romania
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Sectors
Consumer
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Email
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Phone
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Website
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Social
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- Legal Name Glovo, Inc.
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Products & Services of Glovo
Glovo offers a comprehensive portfolio of products and services, including Food Delivery, Grocery Delivery, and General Delivery. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Food is delivered from restaurants to customers quickly.
Groceries are delivered from supermarkets to customers efficiently.
Various items are delivered from stores to customers.
Funding Insights of Glovo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Glovo
Glovo has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Glovo. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Online marketplace offering multi-category grocery products
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Glovo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Glovo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Glovo Comparisons
Competitors of Glovo
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Glovo
When was Glovo founded?
Glovo was founded in 2012.
Where is Glovo located?
Glovo is headquartered in Bucharest, Romania.
What does Glovo do?
Glovo is operated as a delivery platform connecting customers with restaurants, supermarkets, pharmacies, and various stores in Romania. Services are provided for food delivery, grocery shopping, and other item deliveries across multiple cities. A wide range of categories, including pizza, sushi, burgers, and gifts, are covered. The platform is designed for rapid delivery, often within minutes, and supports both individual customers and business partners. Expansion and growth are facilitated through partnerships and a mobile application for real-time tracking.
What products or services does Glovo offer?
Glovo offers Food Delivery, Grocery Delivery, and General Delivery.
Who are Glovo's investors?
Glovo has 1 investor. Key investors include Glovo.
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