Glovo

Barcelona-based startup and the fastest-growing delivery player in Europe, Hispanic America and Africa, with food at the core of the business, delivers any product within cities at any time of day

Barcelona Spain (HQ)

https://glovoapp.com/

https://twitter.com/glovo_es https://www.facebook.com/glovoapp?_rdr=p https://www.linkedin.com/company/9262901 https://itunes.apple.com/us/app/id951812684?mt=8 https://play.google.com/store/apps/details?id=com.glovo&referrer=af_tranid%3D3TP2ESRXPBM2ZYFQ%26c%3Dgoogleplay_install%26pid%3Dhomepage

Deals in the last 12 months undisclosed

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Launch date

Jan 2015

Employees

3,327 people

Ownership

angel, venture capital, accelerator

Firm valuation

EUR	2016	2017	2018	2019	2020E	2021E	2022E
Revenues	-	-	72m	216m	-	-	-
% growth	-	-	-	200 %	-	-	-
Profit	-	-	(90m)	(189m)	-	-	-
% profit margin	-	-	(125 %)	(88 %)	-	-	-

Date	Investors	Amount	Round
-	Cube Investments Bernardo Hernandez Felix Ruiz Zaryn Dentzel Encomenda Smart Capital Pere Mayol Carlos Blanco	N/A
Aug 2016*	Seaya Ventures Entrée Capital Antai Venture Builder Javier Sanchez-Marco Bonsai Venture Capital	€5m	SERIES A
Sep 2017*	Caixa Capital Risc Seaya Ventures Entrée Capital Rakuten Cathay Innovation Bonsai Venture Capital	€30m	SERIES B
Jul 2018*	Delivery Hero Seaya Ventures Idinvest Partners Rakuten Cathay Innovation AmRest GR Capital	€115m	SERIES C*
Apr 2019	Lakestar Idinvest Partners Drake Star Papa John's International Expon Capital Korelya Capital The Drake Group	€150m	SERIES D*
Dec 2019	Lakestar Idinvest Partners Drake Star Mubadala	€150m	SERIES E*
Total Funding		€452m

Carrer de Pallars, 190, 08005 Barcelona, Spain

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