About Glovo
Glovo is a company based in Barcelona (Spain) founded in 2015 by Gerard Olive, Sacha Michaud, and Oscar Pierre was acquired by Delivery Hero in January 2022. Glovo has raised $1.16 billion across 10 funding rounds from investors including Delivery Hero, Stoneweg and Mubadala. Glovo has completed 10 acquisitions, including Donesi, Foodinho and Glovo. Glovo operates in a competitive market with competitors including Grab, Deliveroo, Wolt, JOKR and Delivery Hero, among others.
- Headquarter Barcelona, Spain
- Founders Gerard Olive, Sacha Michaud, Oscar Pierre
- Stage Unicorn
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Sectors
ConsumerRetail Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$1.16 B (USD)
in 10 rounds
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Latest Funding Round
$527.72 M (USD), Series F
Apr 01, 2021
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Investors
Delivery Hero
& 32 more
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Employee Count
Not available
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Investments & Acquisitions
Donesi
& 9 more
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Acquired by
Delivery Hero
(Jan 01, 2022)
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People of Glovo
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Funding Insights of Glovo
Glovo has successfully raised a total of $1.16B across 10 strategic funding rounds. The most recent funding activity was a Series F round of $527.72 million completed in April 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Glovo
Glovo has secured backing from 33 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Delivery Hero, Stoneweg and Mubadala.
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Private equity investments are managed by a wealth-backed firm.
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M&A and strategic advisory firm
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Venture capital investment firm
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Investor details for Glovo
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Investments & Acquisitions by Glovo
Glovo has strategically engaged in corporate development activities, having acquired 10 companies. Notable acquisitions include Donesi, Foodinho and Glovo.
Investment portfolio details for Glovo
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- Portfolio identities
- Transaction dates
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Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Cashback is provided on online purchases across multiple categories.
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Food delivery from restaurants
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Online marketplace for grocery products
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Complete acquisition details for Glovo
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
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- Acquired stakes
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Financial Statements - Glovo
Detailed financials for Glovo
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- Profit trends
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Glovo Comparisons
Peer comparison for Glovo
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Competitors of Glovo
Glovo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Grab, Deliveroo, Wolt, JOKR and Delivery Hero, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Ride-hailing and on-demand delivery services are aggregated via mobile app.
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Platform offering food and grocery delivery services
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Wolt is operated as a delivery platform for food and groceries.
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Multi-category grocery products are delivered via an online platform.
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Food ordering and delivery services are facilitated online.
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Detailed competitors of Glovo
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Latest news on Glovo
Complete news archive for Glovo
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Frequently Asked Questions about Glovo
Glovo was founded in 2015.
Glovo is headquartered in Barcelona, Spain. It is registered at Barcelona, Catalonia, Spain.
Oscar Pierre is the current CEO of Glovo. They have also founded this company.
Glovo is a funded company, having raised a total of $1.16B across 10 funding rounds to date.
Glovo was established in 2015 in Barcelona, Spain, as an online marketplace in the grocery and food delivery sector. A diverse catalog of products is maintained, encompassing fruits, vegetables, oils, honey, snacks, bakery goods, beverages, meat, seafood, and dairy items. Restaurant meals are also facilitated through the platform. Operations extend to urban areas across Europe and beyond, supporting on-demand delivery services for consumers.
Glovo has 33 investors. Key investors include Delivery Hero, Stoneweg, Mubadala, GP Bullhound, and Lakestar.
The valuation of Glovo is $1.7B as of Apr 2021.