JOKR

Luxembourg, Luxembourg Founded: 2021 • Age: 5 yrs Soonicorn
Multi-category grocery products are delivered via an online platform.

About JOKR

JOKR is a company based in Luxembourg (Luxembourg) founded in 2021 by Sven Grajetzki, Benjamin Bauer, and Ralf Wenzel. JOKR has raised $530 million across 5 funding rounds from investors including Pernod Ricard, Mirae Asset and FJ Labs. JOKR has completed 1 acquisition, including Mars Tech. JOKR offers products and services including Grocery Delivery App and Product Assortment Service. JOKR operates in a competitive market with competitors including Glovo, DoorDash, Getir, Gorillas and Delivery Hero, among others.

  • Headquarter Luxembourg, Luxembourg
  • Founders Sven Grajetzki, Benjamin Bauer, Ralf Wenzel
  • Stage Soonicorn
  • Sectors
    Retail
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website jokr.com
  • Social LinkedIn Facebook Instagram
  • Legal Name Jokr S.A.R.L
Operational Areas
Key Metrics
  • Total Equity Funding
    $530M (USD)

    in 5 rounds

  • Latest Funding Round
    $50M (USD), Series D

    Sep 2023

  • Investors
  • Investments & Acquisitions

Products & Services of JOKR

JOKR offers a comprehensive portfolio of products and services, including Grocery Delivery App and Product Assortment Service.

Grocery Delivery App
Ecommerce

App for ordering and receiving instant grocery delivery services.

Product Assortment Service
Retail

Customized selection of over 10,000 grocery items for users.

Funding Insights of JOKR

JOKR has successfully raised a total of $530M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $50 million completed in September 2023. 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.

  • Total Funding $530M
  • Total Rounds 5
  • Last Round Series D β€” $50M
  • Investors Count 16

All 5 funding rounds of JOKR with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2023$50MSeries D$800MConvivialite Ventures
Feb 2023$50MSeries C$1.3BG Squared
Dec 2021$260MSeries B$β€’β€’β€’β€’β€’HV Capital, Balderton Capital
Jul 2021$170MSeries A–GGV Capital, Balderton Capital
Apr 2021–Seed–HV Capital
Valuation history
DateValuationStage
Sep 2023$800Mβ€’β€’β€’β€’β€’β€’β€’β€’
Feb 2023$1.3Bβ€’β€’β€’β€’β€’β€’β€’β€’
Dec 2021$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of JOKR

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Last known valuation $800M (Sep 2023). 16 investors in total: 16 institutional.

Investors in JOKR

JOKR has secured backing from 16 investors, including venture fund and institutional investors. Prominent investors backing the company include Pernod Ricard, Mirae Asset and FJ Labs.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Venture capital firm backed by Pernod Ricard
–convivialite-ventures.comSan Francisco, United States
Growth-stage technology companies are funded via primary and secondary investments.
–gsquared.comChicago, United States
Venture capital is invested in cybersecurity, fintech, and AI startups.
–ggvc.comMenlo Park, United States
Multistage venture capital investments are focused on technology sectors.
2000balderton.comLondon, United Kingdom
Sectors like ad tech, food tech, logistics, services are targeted.
–monashees.comSao Paulo, Brazil
Multiple sectors are targeted for venture capital investments by Greycroft.
–greycroft.comNew York, United States
Venture and private equity investments are managed with global diversification.
–tigerglobal.comNew York, United States
Venture capital funding is provided to digital company founders.
–hvcapital.comMunich, Germany
Mirae Asset is engaged in mutual fund and asset management services.
1997miraeassetmf.co.inMumbai, India
Venture capital investments are directed toward multiple sectors by Kaszek.
–kaszek.comBuenos Aires, Argentina
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Investor details for JOKR

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People of JOKR

22 people are tracked at JOKR (12 in leadership, 1 in board & advisors, 9 in team).

NameRoleGroup
Sven Grajetzki
Co-Founder & CPTOLeadership
Benjamin Bauer
Co-FounderLeadership
Ralf Wenzel
Co-Founder & CEOLeadership
Ronald V.
Co-Founder & CFOLeadership
German Peralta
Co-Founder & CEO, North LATAMLeadership
Dennis Levene
VP, ExpansionLeadership
Jonathan Espinosa
Executive DirectorLeadership
Alyssa DiGirolamo
Chief of Staff to Founder & CEOLeadership
Maximilian zu Knyphausen
VP, Global ContentLeadership
Miguel Herrán Tovar
Global Head JOKR MediaLeadership
Nicolás Sanguinetti
VP Of Latam Operations Supply ChainLeadership
Konstantin Sorger
Co-Founder & Chief Marketing and Data OfficerLeadership
Wendy Wattebled
Board ObserverBoard & advisors
Martha Escobedo Flores
Marketing Analyst MexicoTeam
Juan Luis Solórzano Pérez
Control Tower Executive OPSTeam
Marcin Chojecki
Operations LeadTeam
Fernanda Teresinha da Silva
Global Product ManagerTeam
Isaac Gliserio Pérez
Live Fulfillment Ops MgrTeam
Jacopo Andrea N.
Backend Lead EngineerTeam
Javier Rodriguez Especialista Logistica Integral
Area MangerTeam

2 more people are available in the full profile.

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Investments & Acquisitions by JOKR

JOKR has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Mars Tech.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Software, AI, IoT development, and cyber security services are provided.
marstechmi.comAnn Arbor, United States2010Aug 2021β€’β€’β€’β€’
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Complete acquisition details for JOKR

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Timeline of JOKR

6 dated milestones of JOKR across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded JOKR is founded.
  2. Funding First funding round.
  3. Acquisition Acquires Mars Tech.
  4. Milestone Reaches Unicorn status.
  5. Funding Latest funding round, Series D, of $50.0M.
  6. Milestone Reaches Soonicorn status.

Competitors of JOKR

JOKR 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 Glovo, DoorDash, Getir, Gorillas and Delivery Hero, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
glovoapp.com2015Barcelona, Spain$1.16B–
Online marketplace offering multi-category grocery products
doordash.com2013San Francisco, United States$2.47B23,700
Food and grocery deliveries are facilitated through an app-based platform.
getir.com2015Istanbul, Turkey$2.54B–
Multi-category grocery products are delivered via a mobile app platform.
gorillas.io2020Berlin, Germany$1.33B–
Multi-category grocery products are delivered rapidly via an online platform.
deliveryhero.com2010Berlin, Germany$1.8B47,981
Food ordering and delivery services are facilitated online.
goflink.com2020Berlin, Germany$1.33B–
Multi-category groceries are delivered in 10 minutes via online platform.
merqueo.com2015Bogota, Colombia$86M–
Grocery products are retailed online via app and website.
shopper.com.br2015Sao Paulo, Brazil$56.52M–
Grocery products are retailed online with monthly scheduled deliveries.
gotigerapp.com2022Berlin, Germany––
Multi-category grocery products are offered through an app-based retail platform.
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Detailed competitors of JOKR

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Latest news on Jokr

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Similar companies to JOKR

10 companies that operate in the same segment as JOKR (Food & Grocery Retail), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Food and grocery deliveries are facilitated through an app-based platform.
2013San Francisco, California, United StatesUSD 2.47 BUSD 10.72 B23,700
Food and grocery items are ordered via an online network.
2014Bengaluru, Karnataka, IndiaUSD 3.54 BUSD 2.46 B4,490
Meal recipe kits are delivered through a weekly subscription service.
2011Berlin, Berlin, GermanyUSD 367.28 M––
Online marketplace offering multi-category grocery products
2015Barcelona, Catalonia, SpainUSD 1.16 B––
Personal and household products are delivered via an e-commerce platform.
2011Bengaluru, Karnataka, IndiaUSD 943.07 M––
Instant delivery of groceries and essentials is facilitated online.
2013Gurugram, Haryana, IndiaUSD 757.12 M––
Multi-category products are delivered quickly through an online platform.
2020Bengaluru, Karnataka, IndiaUSD 2.3 BUSD 344.05 K100
Organic groceries are offered through an online membership platform.
2013Los Angeles, California, United StatesUSD 332.18 M––
Online marketplace platform offering multi-category grocery products
2012San Francisco, California, United StatesUSD 2.93 BUSD 3.74 B3,270
Platform offering food and grocery delivery services
2013London, England, United KingdomUSD 2.95 BUSD 2.59 B3,960
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Frequently Asked Questions about JOKR

JOKR was founded in 2021.

JOKR is headquartered in Luxembourg, Luxembourg.

Ralf Wenzel is the current CEO of JOKR. They have also founded this company.

JOKR is a funded company, having raised a total of $530M across 5 funding rounds to date.

JOKR was established in 2021 in Luxembourg, Luxembourg, as an online platform focused on the grocery sector. A wide range of products is offered, including fruits, vegetables, bakery items, dairy, sweets, snacks, meat, seafood, and eggs. Operations are supported by mobile applications available on Android and iOS platforms, enabling access to the catalog for users in the region.

JOKR's top competitors include DoorDash, Glovo and Delivery Hero.

JOKR offers Grocery Delivery App and Product Assortment Service.

JOKR has made 1 acquisition, including Mars Tech.

JOKR has 16 investors. Key investors include Pernod Ricard, Mirae Asset, FJ Labs, Balderton Capital, and Lombard Odier.

The valuation of JOKR is $800M as of Sep 2023.

JOKR operates through Jokr S.A.R.L.

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