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

Launch date

Jan 2015

Employees

1001-5000 people

Ownership

subsidiary, angel, venture capital, accelerator

Firm valuation

Barcelona Catalonia (HQ & founding location)

https://glovoapp.com/

https://twitter.com/glovo_es https://www.facebook.com/glovoapp https://www.linkedin.com/company/glovo-app/https://apps.apple.com/app/id1451416371 https://play.google.com/store/apps/details?id=com.glovo

Deals in current and previous year:

- view all undefined

Revenues, earnings & profits over time

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

Date	Investors	Amount	Round
-	Intelectium Conector Startup Accelerator Palladium corporate ventures Cathay Capital Dirlango Financière Saint James Keyword Venture Capital SchindlerAM Ventures Adelie Capital Be8 Ventures Carlos Blanco Vazquez Media Digital Ventures Endeavor Didac Lee Félix Fuertes Gerard Olivé Sacha Michaud Hugo Arévalo Álvarez-Arenas Ruben Ferreiro Miguel Tovar Julio Arias Miguel Vicente La Maison Partners	N/A	- Not yet verified
Mar 2015*	Carlos Blanco Pere Mayol	€140k	Angel
Nov 2015*	Bernardo Hernandez Zaryn Dentzel Felix Ruiz Hernandez Carlos Blanco Keyword VC Antai Venture Builder Encomenda Smart Capital	€2m	Early VC
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 Eurazeo Rakuten Cathay Innovation AmRest GR Capital	€115m Valuation: €300m	Series C
Dec 2018	Convivialité Ventures	N/A	Series C Not yet verified
Apr 2019	Lakestar Eurazeo Drake Star Papa John's International Expon Capital Korelya Capital The Drake Group	€150m Valuation: €800m	Series D
Dec 2019	Lakestar Eurazeo Drake Star Endeavor Catalyst Mubadala Capital Ventures	€150m Valuation: €1.0b	Series E
Mar 2021	Delivery Hero GP Bullhound Portugal Ventures Luxor Capital The Drake Group Lugard Road Capital	€450m Valuation: €2.0b	Series F
Jan 2022*	Delivery Hero	€780m Valuation: €2.3b	Acquisition
Total Funding		$992m