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Gorillas

Gorillas

Gorillas is an on-demand small-batch grocery delivery service.

Overview

Gorillas is a grocery delivery service founded in Straßen, Rheinland-Pfalz, Germany, in May of 2020 by Kağan Sümer and Jörg Kattner. The company began operating primarily in Berlin and Cologne, Germany, while advertising ten-minute delivery capabilities by utilizing "hyper-local" fulfillment centers. Gorillas announced its second funding round (Series A) in December of 2020, closing at $44M.

Concept

Gorillas is built on the concept of micro fulfillment, according to the company CEO Kağan Sümer, who co-founded the company to "address grocery markets outside of weekly bulk shopping." Gorillas collects data on what consumers in certain areas need and provide those single sale items in a 10-minute delivery format at retail prices and a delivery fee of 1.80 Euros.

Expansion

Sümer states that the funds raised in the December 2020 Series A funding round will be used to expand Gorillas to more areas in Germany and rollout in other areas of Europe, with an initial push in Amsterdam. Gorillas additionally stated it plans to expand to 15 cities and 60 fulfillment centers by the end of Q2 2021.

Timeline

October 19, 2021
Gorillas raises a $1,000,000,000 series C round from A* Capital, Alanda Capital Management, BBQ Capital, Coatue Management, DST Global, Delivery Hero, Dragoneer Investment Group, Fifth Wall Ventures, FoodLabs, G Squared, Greenoaks Capital, MSA Capital, Macquarie Capital, Tencent and Thrive Capital.
March 2021
Gorillas raises a $290,000,000 series B round from Coatue Management, DST Global, Dragoneer Investment Group, Fifth Wall Ventures, FoodLabs, Greenoaks Capital and Tencent.
December 11, 2020
Gorillas, the on-demand grocery delivery startup in Berlin, has raised $44M Series A

Gorillas, a grocery delivery startup that operates its own hyperlocal fulfillment centers and has already been a hit in Berlin, has raised $44 million in Series A funding. Probably one of European tech's worst kept secrets this year, the round is led by hedge fund Coatue, with participation from other unnamed European investors.

November 2020
Gorillas raises a $44,000,000 series A round from Coatue Management, Discovery Ventures and FoodLabs.
August 2020
Gorillas raises a $1,469,000 seed round from Atlantic Food Labs, FoodLabs, Matthias Wilrich and Tet Ventures.

Funding Rounds

Patents

Further Resources

Title
Author
Link
Type
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Blog

Web

January 24, 2022

News

Title
Author
Date
Publisher
Description
Annie Siebert
August 25, 2021
TechCrunch
More than 10 companies currently compete across Europe with an instant grocery delivery business model. Half of them were established in 2020, the year of the pandemic.
Annie Siebert
August 25, 2021
TechCrunch
More than 10 companies currently compete across Europe with an instant grocery delivery business model. Half of them were established in 2020, the year of the pandemic.
Sarah Butler
June 4, 2021
the Guardian
Turkish company founded in 2015 valued at $7.5bn as investors race to buy into ultrafast grocery delivery
Nancy Luna
May 26, 2021
Business Insider
CEO Kağan Sümer says Gorillas can convince US shoppers to abandon Costco-style bulk-buying habits once they experience the speed of his service.
Nancy Luna
May 24, 2021
Business Insider
The year-old startup delivers goods to consumers in under 10 minutes from micro warehouses. Delivery by its cycling fleet will cost less than $2.
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References

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