![]() The round was led by Iconiq Growth, with participation from Tiger Global, DST, KKR, Prosus, EQT Growth and Coatue. This is what Wolt focuses on - building the most efficient company in food delivery. Wolt, the Helsinki-based online ordering and delivery company that initially focused on restaurants but has since expanded to other verticals, has raised 530 million in new funding. Wolt is a Helsinki-based food delivery service with operations in 15. 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. advisor to Wolt on a 130 million growth capital raise led by ICONIQ Capital. “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. Genom Wolts app och hemsida kan kunder bestlla mat och andra produkter frn plattformens restaurang- och handelspartners och antingen hmta upp sin bestllning. ![]() Wolt was founded in 2014 and joined forces with DoorDash in 2022. The company currently operates in 50 cities across 15 countries and employs 450 people. To enable this, Wolt develops a wide range of technologies from local logistics to retail software and financial solutions, as well as operates its own grocery stores under the brand Wolt Market. The transaction also highlights Arma Partners’ outstanding track record of building long-term client relationships as a trusted advisor and deep sector expertise in Foodtech, having advised Wolt for the second time less than 12 months after its $130m Series C led by ICONIQ Capital.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. The transaction underlines Arma Partners’ position as a market-leading advisor on private capital funding mandates to both entrepreneurial and corporate clients through its Private Capital practice, utilising its strong connectivity across the full breadth of relevant investor categories globally. Instalco toteuttaa 5 miljoonan talotekniikkaurakat kauppakeskukseen pk-seudulla. Other investors in this round include existing shareholders ICONIQ Capital, Highland Europe, 83North and EQT Ventures. 83North, Highland Europe, Goldman Sachs Growth Equity, EQT Ventures and Vintage Investment. ICONIQ Growth led the round while Tiger Global, DST, KKR, Prosus, EQT Growth and Coatue joined as new investors. The new funding will enable Wolt to support a growing base of restaurants and adjust to the demands of the Covid-19 environment. Sijoituspolitiikka: eQ Kehittyvät Markkinat Osinko 1 K. Helsinki, Finland, 26 January 2021 The Helsinki-based technology company Wolt announces it has closed a 530 million round of financing. ![]() The funding round in the six-year-old company was led by ICONIQ Capital. Wolt launched in 2015 in Helsinki, Finland with 10 restaurants. ![]() The new round takes the total amount of financing Wolt has raised to 856 million. Wolt is a Helsinki-based food delivery service with operations in 22 countries and 80 cities, serving food from over 10,000 restaurants to homes and offices. Wolt, a food delivery app that's expanded into groceries and retail, has raised 530 million as it tries to take on Amazon. The company raised 530 million from ICONIQ Growth, Tiger Global, DST, KKR, Prosus, EQT Growth, Coatue, 83North, Highland Europe, Goldman Sachs Growth Equity, EQT Ventures and Vintage Investment Partner. Arma Partners is pleased to announce that it has acted as exclusive financial advisor to Wolt on a $110 million growth capital raise, with Goldman Sachs Growth Equity participating as a new investor.
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