About Wolt
Wolt is a company based in Helsinki (Finland) founded in 2014 by Elias Aalto, Oskari Petas, Juhani Mykkanen, Miki Kuusi, and Lauri Andler was acquired by DoorDash in November 2021. It operates as a Two-Sided Marketplace and Commission-Based. Wolt has raised $827.96 million across 8 funding rounds from investors including DoorDash, KKR and EQT. Wolt has completed 2 acquisitions, including Daily and Tazz. Wolt offers products and services including Wolt Delivery, Wolt Market, Wolt for Work, Wolt Drive, and Wolt+. Wolt operates in a competitive market with competitors including Glovo, Deliveroo, DoorDash, Foodpanda and Delivery Hero, among others.
- Headquarter Helsinki, Finland
- Founders Elias Aalto, Oskari Petas, Juhani Mykkanen, Miki Kuusi, Lauri Andler
- Stage Unicorn
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Sectors
ConsumerTransportation, Automotive & Logistics
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
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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
$827.96 M (USD)
in 8 rounds
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Latest Funding Round
$535.49 M (USD), Series E
Jan 25, 2021
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Investors
DoorDash
& 22 more
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Employee Count
Not available
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Investments & Acquisitions
Daily
& 1 more
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Acquired by
DoorDash
(Nov 09, 2021)
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Products & Services of Wolt
Wolt offers a comprehensive portfolio of products and services, including Wolt Delivery, Wolt Market, Wolt for Work, Wolt Drive, and Wolt+.
Food and groceries are delivered within 30 minutes.
Fresh groceries are delivered quickly to customers' locations.
Workplace happiness is enhanced through tailored delivery services.
Fast express deliveries are provided for e-commerce businesses.
Zero delivery fees are offered with subscription benefits.
People of Wolt
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Software Development Team
51 people
Product Management Team
33 people
Human Resources and Administration
21 people
Operations Team
12 people
Support Team
10 people
Head Team
9 people
Creative and Marketing Team
6 people
Leadership Team
6 people
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Funding Insights of Wolt
Wolt has successfully raised a total of $827.96M across 8 strategic funding rounds. The most recent funding activity was a Series E round of $535.49 million completed in January 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 Wolt
Wolt has secured backing from 23 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include DoorDash, KKR and EQT.
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Venture and private equity investments are managed with global diversification.
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Tech companies are invested in by this venture capital firm.
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Investor details for Wolt
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Investments & Acquisitions by Wolt
Wolt has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Daily and Tazz.
Investment portfolio details for Wolt
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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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An online platform is used for restaurant discovery and ordering.
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Provider of an app for managing delivery services
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Complete acquisition details for Wolt
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Financial Statements - Wolt
Detailed financials for Wolt
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- Profit trends
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Wolt Comparisons
Peer comparison for Wolt
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Competitors of Wolt
Wolt 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, Deliveroo, DoorDash, Foodpanda and Delivery Hero, among others.
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Online marketplace offering multi-category grocery products
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Platform offering food and grocery delivery services
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Food and grocery deliveries are facilitated through an app-based platform.
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Online food ordering and delivery platform
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Food ordering and delivery services are facilitated online.
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Detailed competitors of Wolt
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Latest news on Wolt
Complete news archive for Wolt
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Frequently Asked Questions about Wolt
Wolt was founded in 2014.
Wolt is headquartered in Helsinki, Finland.
Miki Kuusi is the current CEO of Wolt. They have also founded this company.
Wolt is a funded company, having raised a total of $827.96M across 8 funding rounds to date.
Wolt is managed as a leading delivery platform connecting customers with restaurants, stores, and couriers across multiple countries. Operations are focused on providing fast, reliable, and affordable delivery services for food, groceries, and other essentials within 30 minutes. Solutions such as Wolt Market for groceries, Wolt for Work for corporate needs, and Wolt Drive for e-commerce logistics are offered. The platform is supported by a high-rated mobile app and a dedicated support team. Expansion is seen in various sectors including retail and workplace services across Europe, Asia, and the Middle East.
Wolt offers Wolt Delivery, Wolt Market, Wolt for Work, Wolt Drive, and Wolt+.
Wolt has 23 investors. Key investors include DoorDash, KKR, EQT, Prosus, and ICONIQ Growth.
The valuation of Wolt is $1B as of Jan 2021.