Tech Company Financing Transactions
Glovo Funding Round
On 3/3/2023, Glovo landed $5.3 million in funding from private investors.
Transaction Overview
Company Name
Announced On
3/3/2023
Transaction Type
Venture Equity
Amount
$5,323,000
Round
Undisclosed
Investors
Proceeds Purpose
The Impact Fund will provide vital financing to address socio-environmental challenges such as supporting local communities, the digitalisation of small and medium-sized businesses, climate action initiatives, reduction of the gender gap in tech and upskilling for couriers globally. Glovo customers will support initiatives that create positive change for communities and the environment with every order.
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.
Management Team
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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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