Wolt
Financials
Estimates*
EUR | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|---|---|---|
Revenues | <1m | 4.0m | 10.0m | 30.0m | 87.4m | 281m | 624m |
% growth | - | 1994 % | 150 % | 200 % | 191 % | 221 % | 122 % |
EBITDA | (1.0m) | - | - | (12.4m) | (35.2m) | (41.5m) | (181m) |
% EBITDA margin | (549 %) | - | - | (41 %) | (40 %) | (15 %) | (29 %) |
Profit | (1.1m) | - | - | - | (36.1m) | (47.1m) | (181m) |
% profit margin | (555 %) | - | - | - | (41 %) | (17 %) | (29 %) |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
$500k | Seed | ||
€400k | Early VC | ||
$2.5m | Seed | ||
* | €10.0m | Series A | |
$30.0m | Series A | ||
N/A | Series A | ||
* | $130m Valuation: $435m 13.2x EV/LTM Revenues -31.9x EV/LTM EBITDA | Series C | |
$108m | Series D | ||
$8.8m Valuation: $540m 5.6x EV/LTM Revenues -13.9x EV/LTM EBITDA | Angel | ||
* | $530m | Late VC | |
$8.1b Valuation: $8.1b 26.2x EV/LTM Revenues -177.2x EV/LTM EBITDA | Acquisition | ||
Total Funding | $821m |
Recent News about Wolt
EditWolt is a Helsinki-based technology company specializing in on-demand delivery services. The company connects customers with local restaurants and stores, facilitating the delivery of food and other goods. Wolt operates in the food delivery market, serving a diverse range of clients including individual consumers, local businesses, and couriers. The business model is platform-based, where Wolt earns revenue through delivery fees, service charges, and commissions from partner restaurants and stores. Couriers, who are independent contractors, earn money by delivering orders to customers, providing them with flexibility in their working hours. Wolt's platform also allows customers to tip couriers directly through the app, enhancing the earning potential for couriers. The company aims to provide a seamless and efficient delivery experience, leveraging technology to optimize routes and ensure timely deliveries.
Keywords: on-demand delivery, food delivery, local businesses, couriers, flexible earnings, technology platform, delivery fees, service charges, partner restaurants, Helsinki-based.