Spain · Series E startup

Who invested in Glovo

4 rounds we have observed, with the 14 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Internet

Funding summaryUpdated 26 Oct 2026

$342Mraised across 4 rounds since 2016, from 4 sources

$5.6MSeries A$35MSeries B$134MSeries C$167MSeries E
Latest round
Series E, $167MDec 2019
Led by
Mubadala
Step-upi
1.2×
Investors
14 (2 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

201720182019
$5.6MSeries A$35MSeries B$134MSeries C$167MSeries E
First round
Series A, $5.6M
Aug 2016
Biggest round
$167M
Series E · Dec 2019
Usual gap between rounds
14 months
the median of 3

The rounds

  1. Dec 2019
    Series E$167M3 new1 returning

    Reported by FinSMEs

  2. Jul 2018
    Series C$134M4 new1 returning

    Reported by TechCrunch

  3. Oct 2017
    Series B$35M5 new

    Reported by TechCrunch

  4. Aug 2016
    Series A$5.6M2 new

    Reported by TechCrunch

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Series A2016Series B2017Series C2018Series E2019Rakuten CapitalLIdinvest PartnersMubadalaLLakestarCaixa CapitalSeaya VenturesAntai Venture BuilderBonsaiDrake EnterprisesCathay Innovation/ AmRest

Everyone who backed them

Rakuten CapitalCorporate VC2rounds, led 1
Idinvest PartnersPrivate equity2rounds
MubadalaPrivate equity1round, led 1
LakestarVC firm1round
Caixa CapitalCorporate VC1round
Seaya VenturesVC firm1round
Antai Venture BuilderVC firm1round
BonsaiGrowth equity1round
Drake EnterprisesGrowth equity1round
Cathay Innovation/ AmRestno record of our own yet1round
Cathay Innovation/ Seayano record of our own yet1round
Entreno record of our own yet1round
GRno record of our own yet1round
Spain’s Seaya Venturesno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 11 firms list Glovo as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

Bonsai PartnersVC firmPer its own site
Korelya CapitalVC firmPer its own site
VARIVVenture studioPer its own site
Vostok New VenturesVC firmPer its own site
FiredropMicro VCPer its own site
Antai VenturesVenture studioPer its own site
Invariantes FundVC firmPer its own site
VNV GlobalVC firmPer its own site
Blue LionVC firmPer its own site
Solon InversionesInvestment firmPer its own site
Solon Venture CapitalVC firmPer its own site

Quick answers about Glovo

Who invested in Glovo?

Glovo's investors include Rakuten Capital, Idinvest Partners, Mubadala, Lakestar and Caixa Capital, and 9 more on record. Mubadala led its latest round.

How much has Glovo raised?

Glovo has raised $342M across 4 rounds since 2016.

When did Glovo last raise?

Glovo's most recent round was a Series E of $167M in Dec 2019, led by Mubadala.

What was Glovo's biggest round?

Its most recent round, $167M in Dec 2019, is also its largest on record.

Who backed Glovo first?

Glovo's first round on record, in Aug 2016, was backed by Antai Venture Builder and Spain’s Seaya Ventures.

What stage is Glovo at?

Glovo's latest named round is a Series E, in Dec 2019.

Where is Glovo based?

Glovo is based in Spain.

Who led Glovo's rounds?

Rakuten Capital led the Series B in 2017; Mubadala led the Series E in 2019.

Companies like Glovo

In the same sector, and raised in the last eighteen months.

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