The company recently expanded into Japan and Germany, so now operates in 23 countries and 129 cities. The company intends to use the funds to expand its reach across key global markets and its offering beyond the restaurant.Ĭo-founded in 2014 by Miki Kuusi, CEO, who was co-founder and CEO of Slush, Wolt allows users to discover and get restaurants, grocery stores and other local shops delivered to home or office and currently working with 30,000+ restaurant and retail partners, 1,500+ stores across different markets, 60,000+ courier partners and 2,200 employees. The round, which brought the total amount raised to $856m, was led by Iconiq Growth with participation from new investors Tiger Global, DST, KKR, Prosus, EQT Growth and Coatue and existing investors 83North, Highland Europe, Goldman Sachs Growth Equity, EQT Ventures and Vintage Investment Partners. For Wolt, 2020 saw the beginning of the Covid pandemic, expansion into Japan and Germany, the addition of groceries and retail to the app, an official Unicorn status, and another 100 million in funding. Wolt didn't disclose its current valuation, but the company gained unicorn status after its Series D. Wolt has also acquired Daily on Nov 9, 2018.Wolt, a Helsinki, Finland-based food, grocery, and retail delivery company technology company, closed a $530m round of financing. The company also entered its Series C funding round, led by ICONIQ Capital and Highland Europe, and raised another 116 million. ![]() and European based investors, such as ICONIQ Capital. ![]() This brings Wolt's total funding to $823.3M to date. Wolt is hiring a Frontend Developer in Helsinki Finland (May 2020). Helsinki-based food delivery service Wolt raises 130M Series C led by Iconiq. Wolt: Finnish food delivery scale-up Wolt secures 530 million in new funding round led by ICONIQ So now that the embargoed-until-tomorrow news is out there, yes, Finnish food delivery juggernaut Wolt has raised 530 million in fresh funding to boost its growth. The company raised $530M in a new round on Jan 25, 2021. ICONIQ Capital is a privately-held investment firm that serves some of the. and European based investors, such as ICONIQ Capital, Tiger Global, DST, Prosus, KKR, Coatue. This time last year, Wolt had 700 employees, was operating in 20 countries and reported 87m turnover in 2019. It’s just raised 530m in a round led by ICONIQ Growth to expand its speedily-growing retail delivery service faster and further. The round was led by Iconiq Growth, with participation from Tiger Global, DST, KKR. Prior to joining White & Case, Janko worked as an in-house lawyer and at another law firm in Helsinki. Member It’s snowy in Helsinki, but that’s not stopping local food delivery company Wolt. Wolt is backed by Iconiq Growth, Tiger Global, DST, EQT Ventures, Coatue, Inventure, 83North, KKR, Prosus, and others. The Series E round led by Iconiq Growth brings the total raised by Wolt to 856 million, the company said in a statement Monday. Weve raised more than 856M in financing from renowned U.S. Wolt, the Helsinki-based online ordering and delivery company that. Wolt has expanded beyond restaurants and takeout food into the grocery and retail sectors. Wolt has operations in 23 countries and 100+ cities, serving food from over 20,000 restaurants with over 45,000 courier partners. The company is based in Helsinki, Southern Finland, Finland with additional offices in over 52 cities, including Tampere, Turku, Tallinn, Stockholm, Vilnius, Copenhagen, Prague, Brno, Tbilisi, Athens and Tel Aviv. Iconiq Capital: Delivery platform & tech unicorn Wolt chooses EduMe - The Workforce Success Platform - to facilitate further global scaling Delivery platform Wolt to ramp up courier partner volumes in 180+ cities with industry leading training platform EduMeLONDON, J/PRNews. The Helsinki-based food delivery company specialising in real-time logistics optimisation has raised 530M (approx 436.4M) in a fresh round of funding led by ICONIQ Growth. Wolt allows any restaurant to sign up as a merchant, mediating the order from the customer, taking care of the delivery and automatic payment by credit card. Every company in this sector wants to grow along with the industry, and one such startup in the sector that wants to disrupt the market is Wolt. Wolt is an online food ordering and delivery service that takes orders via a mobile app. This company was founded in 2014 by Elias Aalto, Juhani Mykknen, Lauri Andler, Mika Matikainen, Miki Kuusi and Oskari Petas and is headquartered in Helsinki.
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