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.
Sectors and market segments that Glovo operate in
Glovo serves in the Transportation and Logistics Tech, Food and Agriculture Tech market segments.The primary business model of Glovo are: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.
- Website
- glovoapp.com/en
- 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
Investors
Ranked
3rd among 367 active competitors
Employee Count
13,662 as on Jun 30, 2026
Investment & Acquisitions
Exit Details
Acquired by Delivery Hero (Jan 01, 2022)
Legal entities associated with Glovo
Glovo's acquisition details
Glovo got acquired by Delivery Hero on Jan 01, 2022 at an acquisition amount of $*****.
Click here to take a look at Glovo's acquisition in detail
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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:
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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 | - | - |
View details of Glovo's funding rounds and investors
Glovo's founders and board of directors
Founder? Claim ProfileThe 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:
- Gerard Olive: Co-Founder of Glovo and founder of 6 other companies, including Shopery, garapa.es and Antai Venture Builder. They are also an angel investor in 2 startups.
- Oscar Pierre: Co-Founder & CEO of Glovo and founder of 2 other companies, Yellow and Glovo. They are also an angel investor in 12 startups.
- Sacha Michaud: Co-Founder of Glovo and founder of 1 other company. They are also an angel investor in 3 startups.Contact Info: 1 email address
- Marta Ripoll de Damborenea: Former Co-Founder of Glovo.
View details of Glovo's Founder profiles and Board 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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Operator of a platform providing ride-hailing, food delivery, and payment services | $10.4B | 88/100 | ||
2nd | Deliveroo 2013, London (United Kingdom), Acquired | Operator of an online marketplace connecting consumers with local merchants | $2.95B | 86/100 | |
3rd | Operator of an online platform for on-demand delivery services | $1.16B | 86/100 | ||
4th | Delivery Hero 2010, Berlin (Germany), Public | Platform offering food ordering and delivery services | $1.8B | 83/100 | |
5th | Operator of a platform facilitating delivery of food and other items | $860M | 80/100 | ||
6th | Provider of ride-hailing, car-sharing, micromobility, food, and grocery delivery services | $1.98B | 79/100 | ||
7th | Careem 2012, Dubai (United Arab Emirates), Acquired | App-based ride-hailing aggregator | $772M | 77/100 | |
8th | Online food ordering and delivery platform | $2.46B | 74/100 | ||
9th | Just Eat Takeaway 2000, Amsterdam (Netherlands), Acquired | Online platform offering food delivery services | - | 69/100 | |
10th | Online platform facilitating food ordering and delivery from various restaurants | $19.5M | 69/100 |
Looking for more details on Glovo's competitors? Click here to see the top ones
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:
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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) |
See all investments and acquisitions by Glovo
Reports related to Glovo
Here is the latest report on Glovo's sector:
News related to Glovo
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.
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Delivery Hero Confirms Advanced Talks With Uber Over Potential Takeover OfferEsmmagazine•Jul 15, 2026•Delivery Hero, Uber, DoorDash, SSW Partners and 2 others
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Glovo Exits Bosnia and Herzegovina, Causing Market Chaos and Delivery DelaysPressMedia•Jun 14, 2026•Glovo
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Judge orders Glovo's Italian food delivery arm to 'regularise' its workersReuters•Feb 19, 2026•Glovo
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Marta Ayala Ruiz Joins Yaga as VP of Finance After Glovo ExitRetail Technology Innovation Hub•Feb 09, 2026•Yaga, Glovo
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