Glovo Unleashed: $25M Series B Funding Fuels the Future of On-Demand Urban Services

Today, Glovo is excited to announce a pivotal milestone in its journey with the successful raising of $25,000,000 in new funding. This accomplishment not only underscores the confidence investors have in our vision but also propels our mission of democratizing access to a wide range of local services. Since our inception in 2015 in Barcelona, Glovo has rapidly evolved into a pioneering multi-category app that connects users with local restaurants, grocers, supermarkets, high street retail stores, and more. Our innovative platform has become an essential link that empowers people to access everything they need within their cities, precisely when and where they want it. Operating in 25 countries across Europe, Central Asia, and Africa, we continue to deliver a seamless on-demand experience that transforms everyday urban living. With this new injection of capital, our focus will be on enhancing and expanding our technological infrastructure, refining our app interface, and optimizing our logistics network. The funds will drive critical innovation — from bolstering our courier services and strengthening our partnerships with local businesses to incorporating advanced data analytics and autonomous solutions that improve delivery efficiency. This strategic investment enables us to support our expanding community, ensure even more reliable service, and keep pushing the boundaries of what an on-demand platform can achieve. We are immensely grateful to our investors and partners for their ongoing support and trust, and we look forward to a future where Glovo not only meets the evolving needs of urban dwellers but also sets new industry standards in connectivity and convenience.