# Wolt Enterprises

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/wolt-enterprises

- Industry: Internet
- Headquarters: Helsinki, Finland
- Website: www.wolt.com/
- Total disclosed funding: $813M
- Latest round: Series E (Jan 25, 2021)
- Investors on record: 15

## About

Founded in 2014 by its CEO, Miki Kuusi, Elias Aalto, Juhani Mykkänen, Lauri Andler, Mika Matikainen, Oskari Petasand, and based in Helsinki, Finland, Wolt Enterprises Oy operates as a provider of a food delivery platform. In February 2016, Wolt Enterprises Oy raised USD 12.50 million in Series A funding led by EQT, with participation from Atomico. In November 2021, DoorDash, Inc., a portfolio company of Coatue Management, CRV, Dragoneer Investment Group, and many more, agreed to acquire Wolt Enterprises Oy from Inventure, Lifeline Ventures, First Fellow Partners, Atomico, EQT, 83 North, Highland Europe, Goldman Sachs Merchant Banking Division, Coatue Management, DST Global, KKR, Prosus, Tiger Global Management, and Vintage Investment Partners for EUR 7 billion. As of 2024, the company operates in 28 countries, including Japan, Germany, Israel, Finland, Sweden, and Norway.

Wolt Enterprises Oy provides a web and mobile application platform for food delivery services. The company also enables users to choose a restaurant, place an order, and choose either delivery, take-out, or dine-in.

The company's platform provides the status of the delivery in real-time and sends notifications to the customers about the arrival of their order.

## Funding rounds

- Series E, Jan 25, 2021, $530M — EQT, KKR, Vintage Investment Partners, Tiger Global Management, Coatue Management, Goldman Sachs Asset Management, DST Global, ICONIQ Capital, 83 North, Prosus Ventures, Highland Europe
- Series D, May 15, 2020, $108M — EQT, Goldman Sachs Asset Management, ICONIQ Capital, 83 North, Highland Europe
- Series C, Apr 1, 2019, $130M — EQT, Lifeline Ventures, ICONIQ Capital, 83 North, Highland Europe
- Series B, Jan 1, 2018, $30M — EQT, Lifeline Ventures, 83 North
- Series A, Feb 3, 2016, $12M — EQT
- Seed, Nov 10, 2015, $2.1M — Inventure, Tamares, Lifeline Ventures, First Fellow Partners
- Seed, Oct 1, 2014, $0.5M — Inventure, Lifeline Ventures, First Fellow Partners

## Investors

- Inventure (https://capitalatlas.ai/funds/inventure) — Seed
- Lifeline Ventures (https://capitalatlas.ai/funds/lifeline-ventures) — Seed, Series B, Series C
- First Fellow Partners (https://capitalatlas.ai/funds/first-fellow-partners) — Seed
- Tamares (https://capitalatlas.ai/funds/tamares) — Seed
- EQT (https://capitalatlas.ai/funds/eqt) — Series A, Series B, Series C, Series D, Series E
- 83 North (https://capitalatlas.ai/funds/83-north) — Series B, Series C, Series D, Series E
- ICONIQ Capital (https://capitalatlas.ai/funds/iconiq-capital) — Series C, Series D, Series E
- Highland Europe (https://capitalatlas.ai/funds/highland-europe) — Series C, Series D, Series E
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series D, Series E
- KKR (https://capitalatlas.ai/funds/kkr) — Series E
- Vintage Investment Partners (https://capitalatlas.ai/funds/vintage-investment-partners) — Series E
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series E
- Coatue Management (https://capitalatlas.ai/funds/coatue-management) — Series E
- DST Global (https://capitalatlas.ai/funds/dst-global) — Series E
- Prosus Ventures (https://capitalatlas.ai/funds/prosus-ventures) — Series E