Wolt closes $530M round to continue expanding beyond restaurant delivery

Wolt closes $530M round to continue expanding beyond restaurant delivery

3 years ago
Anonymous $K6XgmDN5_o

https://techcrunch.com/2021/01/25/wolt-closes-530m-round-to-continue-expanding-beyond-restaurant-delivery/

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. The round was led by Iconiq Growth, with participation from Tiger Global, DST, KKR, Prosus, EQT Growth and Coatue.

Previous backers 83North, Highland Europe, Goldman Sachs Growth Equity, EQT Ventures and Vintage Investment Partners also followed on. The new round takes the total amount of financing Wolt has raised to $856 million. Wolt declined to disclose the company’s latest valuation, although we know from the previous D round that the company is one of Europe’s so-called unicorns.