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Getir Is Now Worth Nearly $12 Billion After Raising Another $768 Million

Mar 17, 2022over 3 years ago

Amount Raised

$768 Million

Description

Instant delivery startup Getir has announced that it has closed a new $768 million Series E founding round. Following this deal, the company has reached a valuation of $11.8 billion.

Company Information

Company

Getir

About

Following this deal, the company has reached a valuation of $11.8 billion. Those dark stores are operated by Getir and the company also controls and owns the inventory of products.After that, a delivery person on a bike of moped scooter delivers your order as quickly as possible. The company has managed to attract 40 million app downloads across nine countries. That’s why these instant delivery startups have been raising mega rounds of funding. The company covers 48 different cities for all other markets — the U.K., Germany, France, Italy, Spain, Netherlands, Portugal and the U.S.“We are defining the ultrafast delivery sector and this latest round of funding is a testament to Getir’s position as industry pioneer. The company competes with Gopuff, Flink, Gorillas, Zapp, Cajoo and more. As soon as you send your order, Getir starts working on it. Getir is quite dominant in Turkey as it currently operates in 81 different cities.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech