Glovo

Barcelona, Spain Logistics & Delivery Acquired

Glovo is a Spanish on-demand multi-category delivery platform that connects customers with local restaurants, grocery stores, pharmacies, and retail businesses. Operating through a mobile app, Glovo enables same-day delivery of food, groceries, pharmaceuticals, and other items across Europe, Central Asia, and Africa. The platform operates in over 1,800 cities across 25+ countries with a network of 240,000+ merchants.

Acquired

Glovo has been acquired

Acquired by Delivery Hero July 4, 2022 $2.6B

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2015

Employees

13,000–14,000

Total Funding

$1.04B

7 rounds

Latest Valuation

$2.34B

March 31, 2021

Funding

Total raised $1.04B across 7 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

Series F

Date

March 31, 2021

Amount

$528M

Valuation

$2.34B

Lead Investors

Lugard Road Capital, Luxor Capital Group
DateRoundAmount RaisedValuationLead Investors
March 31, 2021 Series F $528M $2.34B Lugard Road Capital, Luxor Capital Group
December 19, 2019 Series E $167M $1B Mubadala Capital
April 30, 2019 Series D $169M Lakestar

Funding by Round

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Valuation Trajectory

Valuation indexed to 1.0× at the selected entry round. Valuation marks are estimates and may contain errors. Hover each dot to compare.

If you invested at:
1x 2x 5x 10x 2019 2020 2021 Glovo

Entry · Series C

$0.3B

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.

Leadership

  • Oscar Pierre

    Co-Founder & CEO

    LinkedIn
  • Sacha Michaud

    Co-Founder & Chief Public Affairs Officer

  • Arnau Cortés

    Chief Operations Officer

  • Carles Rosàs

    Chief Commercial Officer

  • Gonzalo Álvarez

    VP, Global Sales

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Deliveroo

    UK-based on-demand food delivery platform operating across Europe and Asia with focus on restaurant delivery

  • Uber Eats

    Global on-demand food delivery platform operated by Uber, available in 70+ countries

  • Just Eat Takeaway.com

    European online food ordering and delivery platform with strong presence in Spain and across Europe

  • Wolt

    Finnish on-demand delivery platform expanding across Europe and Asia with multi-category offerings

  • Rappi

    Latin American on-demand delivery platform with food, groceries, and quick commerce services

  • DoorDash

    North American leader in on-demand food delivery with expanding international presence

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Data collected with AI, which can make mistakes. Please double-check this information.