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Glovo - About the company

Glovo is an acquired company based in Barcelona (Spain), founded in 2015 by Gerard Olive, Oscar Pierre, Sacha Michaud and Marta Ripoll de Damborenea. It operates as an Operator of an online platform for on-demand delivery services. Glovo has raised $1.16B in funding from investors like Cathay Innovation, Rakuten Capital and Antai Ventures, with last known valuation of $1.7B. The company has 367 active competitors, including 21 funded and 21 that have exited. Its top competitors include companies like Grab, Deliveroo and Delivery Hero.

Company Details

Operator of an online platform for on-demand delivery services. The platform facilitates the ordering and delivery of various items. These items range from food and groceries to pharmaceutical products and other retail goods. The platform connects customers with local businesses and independent couriers.
Social
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Email ID
*****@glovoapp.com, *****@glovoapp.com
Registered Address
14T Rue de Clairville 22430 ERQUY
Key Metrics
Founded Year
2015
Location
Barcelona, Spain
Stage
Acquired
Total Funding
$1.16B in 10 rounds
Latest Funding Round
Last Known Valuation
$1.7B as on Apr 01, 2021
Ranked
Employee Count
13,662 as on Jun 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Delivery Hero (Jan 01, 2022)

Glovo's acquisition details

Glovo got acquired by Delivery Hero on Jan 01, 2022 at an acquisition amount of $*****.
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Glovo's funding and investors

Glovo has raised a total funding of $1.16B over 10 rounds. Its first funding round was on Jan 28, 2015. Its latest funding round was a Series F round on Apr 01, 2021 for $528M. 4 investors participated in its latest round. Glovo has 52 institutional investors and 11 angel investors.

Here is the list of recent funding rounds of Glovo:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 01, 2021
$528M
Series F
$1.7B
-
Jan 19, 2021
$121M
Series E
-
-
-
Dec 19, 2019
$167M
Series E
-
-
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Glovo's founders and board of directors

Founder? Claim Profile
The founders of Glovo are Gerard Olive, Oscar Pierre, Sacha Michaud and Marta Ripoll de Damborenea. Oscar Pierre is the CEO of Glovo.
Here are the details of Glovo's key team members:

Glovo's employee count trend

Glovo has 13,662 employees as of Jun 26. Here is Glovo's employee count trend over the years:
Employee count trend for Glovo
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Glovo's Competitors and alternates

Top competitors of Glovo include Grab, Deliveroo and Delivery Hero. Here is the list of Top 10 competitors of Glovo, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Grab
Grab
2012, Singapore (Singapore), Public
Operator of a platform providing ride-hailing, food delivery, and payment services
$10.4B
88/100
2nd
Logo for Deliveroo
Deliveroo
2013, London (United Kingdom), Acquired
Operator of an online marketplace connecting consumers with local merchants
$2.95B
86/100
3rd
Logo for Glovo
Glovo
2015, Barcelona (Spain), Acquired
Operator of an online platform for on-demand delivery services
$1.16B
86/100
4th
Logo for Delivery Hero
Delivery Hero
2010, Berlin (Germany), Public
Platform offering food ordering and delivery services
$1.8B
83/100
5th
Logo for Wolt
Wolt
2014, Helsinki (Finland), Acquired
Operator of a platform facilitating delivery of food and other items
$860M
80/100
6th
Logo for Bolt
Bolt
2013, Tallinn (Estonia), Series F
Provider of ride-hailing, car-sharing, micromobility, food, and grocery delivery services
$1.98B
79/100
7th
Logo for Careem
Careem
2012, Dubai (United Arab Emirates), Acquired
App-based ride-hailing aggregator
$772M
77/100
8th
Logo for Rappi
Rappi
2015, Mexico City (Mexico), Series F
Online food ordering and delivery platform
$2.46B
74/100
9th
Logo for Just Eat Takeaway
Just Eat Takeaway
2000, Amsterdam (Netherlands), Acquired
Online platform offering food delivery services
-
69/100
10th
Logo for elmenus
elmenus
2011, Maadi (Egypt), Series B
Online platform facilitating food ordering and delivery from various restaurants
$19.5M
69/100
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Glovo's Investments and acquisitions

Glovo has made 3 investments in companies including Berto's Milanesa and Webel. Glovo has also acquired 12 companies including WinDelivery and Zakaz.ua.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
May 02, 2024
Investments
2022
Barcelona (Spain)
Feb 06, 2023
Investments
2019
Madrid (Spain)
Feb 01, 2022
Acquisition
2008
Caceres‎ (Spain)
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Reports related to Glovo

Here is the latest report on Glovo's sector:

News related to Glovo

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Media has covered Glovo for a total of 21 events in the last 1 year, 9 of them have been about company updates and 4 about people movement.
Marta Ayala Ruiz Joins Yaga as VP of Finance After Glovo ExitRetail Technology Innovation HubFeb 09, 2026Yaga, Glovo
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