Online Grocery Delivery Service Supermercato24 Raises €3M in Venture Capital

Funding Rounds

▤ Summary

Supermercato24, a Verona, Italy-based online grocery delivery service, raised €3m in venture capital funding.The round was led by Innogest with participation from existing investor 360 Capital Partners, Club degli Investitori, Rancilio Cube and IAG.In conjunction with the funding, Supermercato24 appointed Federico Sargenti – who has launched Amazon’s e-grocery commerce in Italy and Spain – as new CEO.The company will use the funds to consolidate its logistic infrastructure and extend its category and product assortment and offering.Led by Sargenti and Enrico Pandian, President and founder, Supermercato24 provides an online and mobile grocery delivery service (like Instacart and Ocado).

$ Funding

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Amount $3.3M Total raised
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Date July 18, 2016 Announcement date
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Investors - Lead investors
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Company https://www.supermercato24.it Funded company

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