Pick a restaurant, build your order, and hit send. Wolt is a technology company that makes it incredibly easy to discover, and get great food delivered. This, says the company, sees it offer anything from cosmetics to pet food and pharmaceuticals on its platform. has just raised 530 million dollars in a round led by the investment fund ICONIQ. Now, it’s in 23 countries and 129 cities, has more than 2,200 employees and saw revenue triple in. Wolt couriers are going on strike to protest pay cuts A group of Wolt. This time last year, Wolt had 700 employees, was operating in 20 countries and reported 87m turnover in 2019. More recently, like others in the restaurant delivery space, Wolt has expanded beyond restaurants and takeout food into the grocery and retail sectors. It’s just raised 530m in a round led by ICONIQ Growth to expand its speedily-growing retail delivery service faster and further. Since launching with 10 restaurants in its home city in 2015, five years on Wolt has expanded to 23 countries and 120 cities, mostly in Europe but also including Japan and Israel. Compared to the $670 million in new capital that we’ve raised during this year, this puts us into a strong position for investing in our people, technology, and markets when thinking about the next few years ahead”. “Despite the turbulence of 2020, we’ve remained focused on growth, tripling our revenue to a preliminary $330 million against a net loss of just $38 million. “We operate in an extremely competitive and well-funded industry, and this round allows us to have a long-term mindset when it comes to doubling down on our different markets,” said co-founder and CEO Miki Kuusi. Previous backers 83North, Highland Europe, Goldman Sachs Growth Equity, EQT Ventures and Vintage Investment Partners also followed on. The new round brings the total financing to-date to $856 million. 26 January 2021 Iconiq Growth has led a 530m funding round for Finland-based consumer products delivery service Wolt. – FINLAND, Helsinki – Wolt, the Helsinki-based online ordering and delivery company that initially focused on restaurants but has since expanded to other verticals, has raised $530 million in a new funding round led by Iconiq Growth, with participation from Tiger Global, DST, KKR, Prosus, EQT Growth and Coatue. It’s just raised 530m in a round led by ICONIQ Growth to expand its speedily-growing retail delivery service faster and further.
0 kommentar(er)
