Tech Company Financing Transactions
Glovo Funding Round
Glovo closed a $134 million Series C venture capital round on 7/19/2018. Investors included Cathay Innovation, Rakuten and Seaya Ventures.
Transaction Overview
Company Name
Announced On
7/19/2018
Transaction Type
Venture Equity
Amount
$134,000,000
Round
Series C
Investors
Cathay Innovation (Lead Investor)
Rakuten (Lead Investor) (Oskar Miel)
Seaya Ventures (Lead Investor)
Proceeds Purpose
The startup says the new funding will be put towards optimizing its platform and tech resources to improve the service to riders, users and associated stores.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
162 Carrer de la Llacuna
Barcelona, 08018
Spain
Barcelona, 08018
Spain
Phone
Website
Email Address
Overview
Glovo is a mobile application operating in Spain since March 2015 that allows customers to outsource their daily errands to one of our delivery people in order to make life less cumbersome. Users can send or obtain any product in less than 60 minutes.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Oscar Pierre
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We do our best to report on every notable VC transaction. VC transactions reported here are sourced from publicly available VC deal announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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