This is what Wolt focuses on - building the most efficient company in food delivery. However, while virtually everyone operating in this market can show extremely strong growth, it is incredibly difficult to do this while also building a viable business for the long-term. “This is a massive opportunity across all geographies for companies like Wolt to tackle. “The online food delivery market is estimated to grow globally from $35 billion today to $365 billion by 2030,” said Miki Kuusi, co-founder & CEO of Wolt. It also claims to be working with more than 5,000 restaurants and 10,000 couriers. The company currently operates in 50 cities across 15 countries and employs 450 people. Wolt is currently available in 145+ cities located in Japan, Germany, Israel, Finland, Sweden, Norway, Denmark, Estonia, Latvia, Lithuania, Czech Republic, Hungary, Poland, Croatia, Serbia, Georgia, Greece, Slovakia, Slovenia, Cyprus, Malta, Azerbaijan and Kazakhstan.Finnish food delivery service Wolt has just gobbled up a $130 million funding round led by ICONIQ Capital, with participation from existing investors 83North, EQT Ventures, Highland Europe, and Lifeline Ventures.įounded in 2014 in the Finnish capital, Wolt is a service that facilitates the delivery of food from local restaurants to customers in the same way as the other players in this niche. That’s why you can pay conveniently and securely with your credit card or Apple Pay. Getting your food should be as simple as possible. They are just a chat away and respond in seconds. The total value is a combination of capital investment and secondary deals and was raised from investors led by US-based Iconiq Growth (an investment vehcile operated by Iconiq Capital) and included contributions from Tiger Global, DST, KKR, Prosus, EQT Growth and Coatue. We don’t like to brag, but we take customer support seriously, with a team of wonderful, friendly people in every one of the 23+ countries we operate in. Wolt, a Helsinki, Finland-based food delivery company, announced the completion of a 530 million capital funding round. If staring at a clock isn’t your thing, don’t worry – we'll also send you notifications so you know when your order is about to arrive. You’ll be kept in the loop on the status of the delivery in real-time, with a minute-by-minute countdown. D i s c o v e r a n d g e t g r e a t f o o d. Wolt delivers from the best restaurants and stores around you. Anything you need, we’ve got you covered with our 35 000+ restaurant and shop choices. Wolt delivers from the best restaurants and stores around you. That’s why we became the online experts on the greatest local shopping experiences and restaurants. Existing investors 83North, EQT Ventures, Goldman Sachs Growth Equity, Highland Europe, and Vintage Investment Partners also participated alongside new investors Coatue Management, DST, EQT Growth, KKR, Tiger Global, and Prosus Ventures a VC unit of Naspers. No time for cooking? Don’t want to leave the house to do your shopping? We’ve all been there. Finland’s Wolt has raised 530 million in a funding round led by ICONIQ Growth. Just pick a restaurant or shop, choose what you want, swipe to order and let us do the rest! Whatever you’re in the mood for, we’ll make sure it gets delivered to you. Wolt makes it incredibly easy to discover and get great food, groceries and anything you might need delivered in your city.
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