Glovo is a Barcelona-based multi-category on-demand delivery platform connecting customers with local restaurants, grocery stores, pharmacies and retail partners through its app. Founded in 2015, it operates in 23 countries across Europe, Central Asia and Africa, is available in more than 1,800 cities, and works with over 150,000 partner businesses. Glovo has been majority-owned by Delivery Hero since July 2022 and continues to trade under its own brand. In Spain it employs its couriers directly, having moved off a self-employed rider model in 2025.
Glovo has been acquired
This company is no longer available on our private secondary market.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2015
Employees
10,000+
Total Funding
$1.04B
7 rounds
Latest Valuation
$2.34B
Mar 31, 2021
Union deal cut Glovo's Spanish rider redundancy plan to 436 layoffs from the 766 first proposed, keeping service alive in nine cities.
Final cost of the Spain restructuring is roughly 43% smaller than the March announcement implied.
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Total raised $1.04B across 7 rounds
Last updated 09-28-2026
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| Mar 31, 2021 | Series F TechCrunch | $528M | $2.34B | Lugard Road Capital, Luxor Capital Group |
| Dec 19, 2019 | Series E | $167M | $1B | Mubadala Capital |
| Apr 30, 2019 | Series D | $169M | — | Lakestar |
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Entry · Series C
$350M
Jul 2018
Glovo today
$2.3B
Mar 2021 · latest mark
Glovo multiple
6.7x
valuation uplift since first round
Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.
Oscar Pierre
Co-Founder & CEO
Sacha Michaud
Co-Founder & Vice President of Global Affairs
Carles Rosàs
Vice President of Finance
Arnau Cortés
Vice President of Operations, Commercial & Brands
Shiro Theuri
Chief Technology Officer
Diego Nouet
Global Vice President, International
Alex Menal
Vice President of Marketing
Connie Kwok
Vice President of Q-Commerce
Cristina de la Rosa
Vice President of People
Mauricio Gomez
Vice President of Strategy
Competitor list is illustrative and may be incomplete, stale, or erroneous.
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