Glovo

company

About

Glovo is a courier service that purchases, picks up, and delivers products ordered through its mobile application.

  • 1001 - 5000

Details

Last Funding Type
Series B
Last Funding Money Raised
€30M
Industries
Delivery Service,Food Delivery,Logistics,Mobile Apps,Transportation
Founded date
Mar 1, 2015
Number Of Employee
1001 - 5000
Operating Status
Active

Glovo is a Barcelona based start-up that is transforming the way consumers access local goods, enabling anyone to get nearly any product delivered in less than 60 minutes. They are currently present in Spain, Italy, Portugal, France, Argentina, Chile, Bolivia, Peru, and many more to come.

Glovo’s mobile application connects customers with independent local couriers, who acquire goods from any restaurant or shop in a city and also deliver urgent packages for a variable fee. The mobile app allows users to find and place orders with their favorite restaurants which are picked up when ready and delivered to the user's doorstep.

The platform’s features include geolocation, which allows customers to track their deliveries in real-time and locate the nearest glover (courier), thus optimizing speed and distance. It´s like a new personal courier available to everyone that runs your errands immediately and on-demand.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
€145M
Glovo has raised a total of €145M in funding over 2 rounds. Their latest funding was raised on Jul 18, 2018 from a Series C round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jul 18, 2018 Series C €115M 1 Detail
Sep 28, 2017 Series B €30M 1 Rakuten Detail

Investors

Number of Lead Investors
Number of Investors
1
1
Glovo is funded by 1 investors. Rakuten are the most recent investors.
Investor Name Lead Investor Funding Round
Rakuten Series C