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§ Private Profile · Barcelona, Spain
On-demand delivery app for food, groceries, and retail items in urban areas across Europe, Central Asia, and Africa.
Glovo has raised $1.2B across 10 funding rounds.
Key people at Glovo.
Glovo was founded in 2015 by Oscar Pierre (CEO, Co-founder and Glover).
Glovo has raised $1.2B in total across 10 funding rounds.
Glovo, an on-demand delivery app operating a multi-category "anything-delivery" platform, is based in Barcelona, Spain. The company facilitates quick delivery of food, groceries, and other retail items using independent couriers, serving over 1,800 cities across 22+ countries in Europe, Central Asia, and Africa. It expanded significantly, growing from 9 employees in 2015 to over 1,000 by 2019, and successfully pivoted to groceries during the COVID-19 pandemic. In 2022, Delivery Hero acquired a 94% stake in Glovo for €2.3 billion, with Oscar Pierre remaining CEO. Prior to this, Glovo exited markets like Brazil and Turkey to focus on profitability, while maintaining partnerships with brands such as McDonald's. It was founded in 2015 by Oscar Pierre and Sacha Michaud.
Key people at Glovo.
Glovo is a Barcelona-based technology company that operates a multi-category on-demand delivery platform, connecting users with local restaurants, grocery stores, pharmacies, and retail shops to deliver anything in their city quickly and conveniently[1][4]. Its core product is a mobile app that serves millions of customers across 23+ countries, offering real-time order tracking, a subscription service (Glovo Prime), and a growing digital community focused on food and local commerce[1][4]. Glovo solves the urban convenience problem by enabling fast, reliable delivery of a wide range of products, leveraging a network of couriers ("glovers") and local partners. The company has demonstrated strong growth momentum, expanding to over 1,300 cities with millions of active users and generating billions in gross transaction value annually[4].
Glovo was founded in 2014 by Oscar Pierre and Sacha Michaud, who launched operations in 2015 after securing initial funding and refining the business model inspired by American on-demand delivery services like Postmates[2][3]. The idea emerged from Pierre’s experience studying in the U.S. and recognizing the opportunity to bring quick commerce to European cities. Early traction included rapid expansion within Spain and Italy, strategic partnerships such as an exclusive delivery deal with McDonald's, and successive funding rounds that propelled Glovo to unicorn status by 2019 with a valuation exceeding $1 billion[2][3].
Glovo rides the global trend of quick commerce and urban on-demand delivery, a sector accelerated by consumer demand for convenience and digital transformation in retail[3][4]. The timing is favorable due to increasing smartphone penetration, urbanization, and changing consumer habits favoring fast, contactless delivery. Glovo’s expansion into multiple countries and integration with Delivery Hero (acquired in 2022) positions it as a key player shaping the quick commerce ecosystem across Europe, Central Asia, and Africa[2][4]. Its model influences the broader logistics and retail sectors by pushing innovations in last-mile delivery, dark store logistics, and community engagement.
Glovo’s future likely involves deepening its quick commerce capabilities, expanding its dark store network, and enhancing its community and sustainability initiatives[1][3][8]. Trends such as AI-driven logistics optimization, growing demand for sustainable delivery, and integration with retail partners will shape its journey. As part of Delivery Hero, Glovo may leverage synergies to scale further globally and innovate in delivery technology. Its influence is expected to grow as it continues to redefine urban convenience and supports local economies while addressing environmental and social challenges.
This trajectory ties back to Glovo’s founding mission: to make everything in the city accessible to everyone, combining technology, community, and sustainability to transform urban living.
Glovo was founded in 2015 by Oscar Pierre (CEO, Co-founder and Glover).
Glovo has raised $1.2B in total across 10 funding rounds.
Glovo's investors include Jonathan Green, Delivery Hero, Drake Enterprises, GP Bullhound, Joaquin Castellvi Lopez, Dharmash Mistry, Idinvest Partners, Korelya Capital, Seaya Ventures, Cathay Innovation, Oskar Miel, 2048 Ventures.
Glovo has raised $1.2B across 10 funding rounds. Most recently, it raised $528.9M Series F in April 2021.
