# Gorillas Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/gorillas-technologies

- Industry: Internet
- Headquarters: Berlin, Germany
- Website: www.gorillas.io
- Total disclosed funding: $1.3B
- Latest round: Series C (Sep 23, 2021)
- Investors on record: 14

## About

Based in Berlin, Germany, and founded in 2020 by Kagan Sümer, Jörg Kattner and Ronny Shibley, Gorillas Technologies GmbH operates as a delivery platform. In September 2021, Gorillas Technologies GmbH raised USD 1 billion in a Series C funding by Delivery Hero SE, Alanda Capital Management, G Squared, Macquarie Capital, MSA Capital, and Thrive Capital post which the company was valued at USD 3 billion. Gorillas operates in more than 12 cities, including Amsterdam, London and Munich.

The company is a provider of a grocery delivery platform that enables its users to order grocery products such as vegan products, drinks, dairy, fruits, and care products. The company also offers a mobile application for booking riders. The company allows the customers to order groceries and other household items on-demand with an average delivery time of 10 minutes. 

The company generates revenue by charging the customers just over USD 2 per delivery.

Gorillas Technologies plans to expand to more than ten countries with over 50 cities, including Paris. The company also plans to move to the US, starting in New York. In addition, the company plans to use its proceeds from series C funding to continue expanding in major European markets such as Germany, the United Kingdom, Spain, and France.

## Funding rounds

- Series C, Sep 23, 2021, $1B — Macquarie Capital, Greenoaks Capital, Coatue Management, Tencent Investment, MSA Capital, DST Global, Thrive Capital, G Squared, Delivery Hero SE, Fifth Wall Ventures, Alanda Capital Management, Atlantic Food Labs, A-Star Partners
- Series B, Mar 25, 2021, $290M — Greenoaks Capital, Coatue Management, Tencent Investment, DST Global, Dragoneer Investment Group, Fifth Wall Ventures, Atlantic Food Labs
- Series A, Nov 6, 2020, $44M — Coatue Management

## Investors

- Coatue Management (https://capitalatlas.ai/funds/coatue-management) — Series A, Series B, Series C
- Greenoaks Capital (https://capitalatlas.ai/funds/greenoaks-capital) — Series B, Series C
- Tencent Investment — Series B, Series C
- DST Global (https://capitalatlas.ai/funds/dst-global) — Series B, Series C
- Dragoneer Investment Group (https://capitalatlas.ai/funds/dragoneer-investment-group) — Series B
- Fifth Wall Ventures (https://capitalatlas.ai/funds/fifth-wall-ventures) — Series B, Series C
- Atlantic Food Labs — Series B, Series C
- Macquarie Capital — Series C
- MSA Capital (https://capitalatlas.ai/funds/msa-capital) — Series C
- Thrive Capital (https://capitalatlas.ai/funds/thrive-capital) — Series C
- G Squared (https://capitalatlas.ai/funds/g-squared) — Series C
- Delivery Hero SE — Series C
- Alanda Capital Management (https://capitalatlas.ai/funds/alanda-capital-management) — Series C
- A-Star Partners (https://capitalatlas.ai/funds/a-star-partners) — Series C