Jokr
Jokr Raises $260M in Series B
Quick Facts
Jokr Raises $260M in Series B
Jokr has successfully raised $260M in a Series B at a $1.2B valuation led by Tiger Global, SoftBank Latin America Fund, GGV Capital, Activant Capital, Greycroft, G Squared, HV Capital.
Company Overview
Jokr is a Delivery company headquartered in Wallstraße 15, Berlin 10179, Germany, founded in 2021 with 3000+ employees.
15-minute grocery delivery
Fundraising Details
- Amount Raised: $260M
- Round Type: Series B
- Valuation: $1.2B
- Date: 2024-02-09
- Investors: Tiger Global, SoftBank Latin America Fund, GGV Capital, Activant Capital, Greycroft, G Squared, HV Capital
About Jokr
15-minute grocery delivery The company is positioned in the Delivery sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: Wallstraße 15, Berlin 10179, Germany
- Founded: 2021
- Team Size: 3000+
- Industry: Delivery
What This Means
This funding round demonstrates strong investor confidence in Jokr'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. Jokr's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $1.2B valuation marks an important milestone for Jokr, positioning the company among notable players in the Delivery industry.
Looking Ahead
With this new capital, Jokr 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 2024-02-09. For more information about Jokr, visit their headquarters at Wallstraße 15, Berlin 10179, Germany.
About the Author
Related Company Reports
Anthropic Raises $2B in Series D
Anthropic, a AI/ML company based in San Francisco, CA, has raised $2B in Series D at a $18B valuation led by Menlo Ventures, Spark Capital, Google.
xAI Raises $6B in Series C
xAI, a AI/ML company based in San Francisco, CA, has raised $6B in Series C at a $40B valuation led by Sequoia Capital, a16z, Valor Equity.
Adept AI Raises $350M in Series B
Adept AI, a AI/ML company based in San Francisco, CA, has raised $350M in Series B at a $1B valuation led by General Catalyst, Spark Capital, Addition.