Berlin-based on-demand delivery service Gorillas scores $290 million in series B round, becomes fastest European unicorn ever
Summary
The round was led by Coatue Management, DST Global and Tencent, with participation from Fifth Wall, Greenoaks and previous investor, Atlantic Food Labs. The delivery service previously raised $44 million in a series A round in early December of last year, and has grown 10x in the past three months. “By effortlessly enabling immediate access to fresh and healthy food at retail prices, we essentially simplify the process of doing groceries,” says Kağan Sümer, CEO and founder of Gorillas. “We’re radically focused on our customers and their needs: With a team of more than 2000 people and by working closely with our community, our investors and our partners, we’re building an infrastructure for the fastest last-mile delivery of essential human needs.” Moreover, Gorillas has seen the writing on the wall when it comes to “other” gig economy players, and employs its riders. We are delighted to partner with Gorillas in their journey of becoming a leader in European market.” It would appear as though the 10 minute order-to-your-door market is heating up, as earlier this month London’s Dija went live with the exact same promise.