Glovo Overview
- Year Founded
-
2015

- Status
-
Acquired/Merged
- Employees
-
3,000

- Latest Deal Type
-
M&A
- Latest Deal Amount
-
$905M
- Investors
-
2
Glovo General Information
Description
Developer and operator of an on-demand delivery application built to book on-demand hyperlocal delivery services. The company's application platform enables ordering, purchase, and delivery of food, groceries, medicines, flowers, gift items, personal pickup, dropoff requests, and miscellaneous items from stores, restaurants, and supermarkets, enabling customers to benefit from increased access and delivery reach.
Contact Information
Website
www.glovoapp.com(Operating Subsidiary)
Corporate Office
- Calle Llull, 108
- 08005 Barcelona
- Spain
Corporate Office
- Calle Llull, 108
- 08005 Barcelona
- Spain
Glovo Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
11. Merger/Acquisition | 04-Jan-2022 | $905M | Completed | Generating Revenue | ||
10. Later Stage VC (Series F) | 31-Mar-2021 | Completed | Generating Revenue | |||
9. Secondary Transaction - Private | 01-Dec-2020 | Completed | Generating Revenue | |||
8. Later Stage VC (Series E) | 16-Sep-2020 | Completed | Generating Revenue | |||
7. Secondary Transaction - Private | 11-Jul-2020 | Completed | Generating Revenue | |||
6. Later Stage VC (Series D) | 30-Apr-2019 | Completed | Generating Revenue | |||
5. Later Stage VC (Series C) | 17-Jul-2018 | Completed | Generating Revenue | |||
4. Early Stage VC (Series B) | 29-Sep-2017 | Completed | Generating Revenue | |||
3. Early Stage VC (Series A) | 11-Aug-2016 | $5.54M | $7.9M | Completed | Generating Revenue | |
2. Early Stage VC | 24-Nov-2015 | $2.19M | $2.36M | Completed | Generating Revenue |
Glovo Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series E | ||||||||
Series E | ||||||||
Series E | ||||||||
Series E | ||||||||
Series D | ||||||||
Series C | ||||||||
Series C | ||||||||
Series C | ||||||||
Series B | 2,932,300 | $0.011846 | $9.52 | $9.52 | 1x | $9.52 | 14.36% | |
Series B | 132,300 | $0.011846 | $7.62 | $7.62 | 1x | $7.62 | 0.65% |
Glovo Comparisons
Industry
Financing
Details
Glovo Competitors (29)
One of Glovo’s 29 competitors is Gophr (Logistics), a Accelerator/Incubator Backed company based in Lake Charles, LA.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Gophr (Logistics) | Accelerator/Incubator Backed | Lake Charles, LA | ||||
EatEasy | Formerly VC-backed | Dubai, United Arab Emirates | ||||
Getir | Private Equity-Backed | Istanbul, Turkey | ||||
Favor | Formerly VC-backed | Austin, TX | ||||
DeliveryCircle | Venture Capital-Backed | Claymont, DE |
Glovo Patents
Glovo Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-20200104792-A1 | Secure payment system and method for courier based transactions | Inactive | 01-Oct-2018 | ||
EP-3867843-A1 | Secure payment system and method for courier based transactions | Inactive | 01-Oct-2018 |
Glovo Signals
Glovo Former Investors (50)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
4Founders Capital | Venture Capital | Minority | ||
5M Ventures | Venture Capital | Minority | ||
AmRest | PE-Backed Company | Minority | ||
Antai Ventures | Venture Capital | Minority | ||
Be8 Ventures | Corporate Venture Capital | Minority |
Glovo Investments & Acquisitions (19)
Glovo’s most recent deal was a Later Stage VC with Healthy Poke for . The deal was made on 15-May-2023.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Healthy Poke | 15-May-2023 | Later Stage VC | Restaurants and Bars | ||
Worldcoo | 01-Jan-2023 | Merger/Acquisition | Other Financial Services | ||
Homeria | 01-Feb-2022 | Merger of Equals | Internet Software | ||
Kitch | 31-Jan-2022 | Merger/Acquisition | Media and Information Services (B2B) | ||
Zakaz.ua | 23-Jan-2022 | Merger/Acquisition | Other Restaurants, Hotels and Leisure |
Glovo Affiliates
Subsidiaries (4)
Name | Industry | Location | Year Founded |
---|---|---|---|
Kitch | Lisbon, Portugal | 2019 | |
Mercadão | Porto, Portugal | 2018 | |
Worldcoo | Barcelona, Spain | 2012 | |
Zakaz.ua | Kyiv, Ukraine | 2010 |
Glovo FAQs
-
When was Glovo founded?
Glovo was founded in 2015.
-
Where is Glovo headquartered?
Glovo is headquartered in Barcelona, Spain.
-
What is the size of Glovo?
Glovo has 3,000 total employees.
-
What industry is Glovo in?
Glovo’s primary industry is Other Services (B2C Non-Financial).
-
Is Glovo a private or public company?
Glovo is a Private company.
-
What is the current valuation of Glovo?
The current valuation of Glovo is
. -
What is Glovo’s current revenue?
The current revenue for Glovo is
. -
How much funding has Glovo raised over time?
Glovo has raised $1.24B.
-
Who are Glovo’s investors?
4Founders Capital, 5M Ventures, AmRest, Antai Ventures, and Be8 Ventures are 5 of 50 investors who have invested in Glovo.
-
Who are Glovo’s competitors?
Gophr (Logistics), EatEasy, Getir, Favor, and DeliveryCircle are some of the 29 competitors of Glovo.
-
When was Glovo acquired?
Glovo was acquired on 04-Jan-2022.
-
Who acquired Glovo?
Glovo was acquired by Delivery Hero (Restaurants, Hotels and Leisure).
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