Gorillas
Gorillas Raises $1B in Series C
Quick Facts
Gorillas Raises $1B in Series C
Gorillas has successfully raised $1B in a Series C at a $3B valuation led by Coatue, DST Global, Tencent, Dragoneer, Atlantic Food Labs.
Company Overview
Gorillas is a Delivery company headquartered in Warschauer Straße 70A, Berlin 10243, Germany, founded in 2020 with 10000+ employees.
Grocery delivery service
Fundraising Details
- Amount Raised: $1B
- Round Type: Series C
- Valuation: $3B
- Date: 2024-04-08
- Investors: Coatue, DST Global, Tencent, Dragoneer, Atlantic Food Labs
About Gorillas
Grocery delivery service The company is positioned in the Delivery sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: Warschauer Straße 70A, Berlin 10243, Germany
- Founded: 2020
- Team Size: 10000+
- Industry: Delivery
What This Means
This funding round demonstrates strong investor confidence in Gorillas's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The Delivery sector continues to attract significant investment as companies innovate to meet evolving market demands. Gorillas's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $3B valuation marks an important milestone for Gorillas, positioning the company among notable players in the Delivery industry.
Looking Ahead
With this new capital, Gorillas is well-positioned to execute on its growth strategy and continue building innovative solutions in the Delivery space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
This fundraising news was reported on 2024-04-08. For more information about Gorillas, visit their headquarters at Warschauer Straße 70A, Berlin 10243, Germany.
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