Glovo

Glovo

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Investment Firm

Overview

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.

Highlights

Founded

2015

Industry

Transportation

Employees

1001-5000

Investment

2

Lead Investment

0

Exits

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Stages

Seed, Late Stage Venture

Investor Type

N/A

Location

Europe

Contact Information

Social

Profile Resume

Glovo, established in 2015 and headquartered in Europe., specializes in Seed, Late Stage Venture investments across Publishing, E-Commerce, Retail, Apps, Internet, Financial Services, Venture Capital, Finance, Delivery, Food Delivery. Their recent investments include Buo, Mangrove Capital Partners, Delivery Hero, Colvin, Eurazeo. The highest investment round they participated in was $5.1B. Among their most notable exits are Buo and Mangrove Capital Partners. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.

Employees

imagePlace Bartek Kunowski

Bartek Kunowski

Chief Product Officer

imagePlace Eduard Ros

Eduard Ros

CFO

imagePlace Sacha Michaud

Sacha Michaud

Co-founder

imagePlace Idriss Al Rifai

Idriss Al Rifai

Chief Strategy & Data Officer

imagePlace Joana Baptista

Joana Baptista

Director of Product | Customer

imagePlace Oscar Pierre

Oscar Pierre

Co-founder & CEO

Investment portfolio

Glovo has made 2 investments. Their most recent investment was on Jun 20, 2022, when Buo raised $2.1M.

investments

2

Diversity investments

0

Lead investments

0

Number of exits

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Investments

2

Annouced DateOrganization NameIndustryMoney Raised
Jul 28, 2021
Colvin Colvin
Internet53.3M
Jun 20, 2022
Buo Buo
Publishing2.1M

Exits

0

Funding Timeline

Funding rounds

2

Investors

35

Funds

0

Funding Rounds

2

Glovo has raised 2 rounds. Their latest funding was raised on Jun 20, 2022 from a Pre Seed Round - Buo round.

Annouced DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
Jul 28, 2021
Series C - Colvin Series C - Colvin
-53.3M-
Jun 20, 2022
Pre Seed Round - Buo Pre Seed Round - Buo
-2.1M-

Investors

46

Glovo is funded by 46 investor(s). GP Bullhound and Delivery Hero Kantor are the most recent investors.

Investor NameLead InvestorFunding RoundMoney Raised
GR Capital GR Capital
No
Series F - Glovo
527.7M
Luxor Capital Group Luxor Capital Group
Yes
Series F - Glovo
527.7M
Delivery Hero Delivery Hero
No
Series F - Glovo
527.7M
GP Bullhound GP Bullhound
No
Series F - Glovo
527.7M

Fund raised

2

Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.

Annouced DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image OTPPLESS
1.0M

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