#Helsinkibased 530m iconiq plus#

Magic ensues.īased in Helsinki, we operate in 23 countries and 90+ cities across EMEA, bringing together over 40,000 couriers and 15,000 restaurants. 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. Pick a restaurant, build your order, and hit send. Wolt is a technology company that makes it incredibly easy to discover, and get great food delivered. Nokia may leave India plant out of Microsoft deal.

#Helsinkibased 530m iconiq plus#

This, says the company, sees it offer anything from cosmetics to pet food and pharmaceuticals on its platform. Wolt helsinkibased iconiq Supertux 2 game free online Video plus careers. More recently, like others in the restaurant delivery space, Wolt has expanded beyond restaurants and takeout food into the grocery and retail sectors. Since launching with 10 restaurants in its home city in 2015, five years on Wolt has expanded to 23 countries and 120 cities, mostly in Europe but also including Japan and Israel. Compared to the $670 million in new capital that we’ve raised during this year, this puts us into a strong position for investing in our people, technology, and markets when thinking about the next few years ahead”. “Despite the turbulence of 2020, we’ve remained focused on growth, tripling our revenue to a preliminary $330 million against a net loss of just $38 million. Steve O'Hear / TechCrunch: Wolt, a Helsinki-based online ordering and delivery company, raises 530M led by Iconiq Growth 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. They chose a starting point very far from the usual international-designer-as-a-star-concept: they produce their own design and only work with local manufacturers. Take the Finnish-Korean couple behind Helsinkibased designproducer Company for example.

“We operate in an extremely competitive and well-funded industry, and this round allows us to have a long-term mindset when it comes to doubling down on our different markets,” said co-founder and CEO Miki Kuusi. There must be 1000 ways to work as a designer. Previous backers 83North, Highland Europe, Goldman Sachs Growth Equity, EQT Ventures and Vintage Investment Partners also followed on. The new round brings the total financing to-date to $856 million. Rule of 40 for the best-in-class companies we examined averages 72 after reaching 25M ARR, driven higher in early stages due to high ARR growth. – FINLAND, Helsinki – 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 a new funding round led by Iconiq Growth, with participation from Tiger Global, DST, KKR, Prosus, EQT Growth and Coatue.