# Wolt funding: rounds and investors

> Wolt has raised $661M across 3 rounds since 2014. Investors include Lifeline Ventures, EQT Ventures and Iconiq Capital. Every round with its source.

Source: https://millionrounds.com/company/wolt (Millionrounds; every figure on the page links to its filing or article)

Finland · [Series E startup](https://millionrounds.com/companies)

# Who invested in *Wolt*

3 rounds we have observed, with the 9 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.

Consumer Apps Internet

Funding summary Updated 26 Oct 2026

**$661M** raised across 3 rounds since 2014, from 3 sources

**$500K** Seed **$130M** Series C **$530M** Series E

- **Latest round:** Series E, $530M Jan 2021
- **Step-up i:** 4.1×
- **Investors:** 9 (1 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.

2015 2016 2017 2018 2019 2020 2021

**$500K** Seed

**$130M** Series C

**$530M** Series E

- **First round:** Seed, $500K
- **Biggest round:** $530M
- **Usual gap between rounds:** 4.6 years

## The rounds

- **Jan 2021** Series E **$530M** *2 new* *2 returning* [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) [Coatue](https://millionrounds.com/fund/coatue-management) [EQT Ventures](https://millionrounds.com/fund/eqt-ventures) [Lifeline Ventures](https://millionrounds.com/fund/lifeline-ventures) Source recorded
- **Jun 2019** Series C **$130M** *5 new* *1 returning* [Iconiq Capital](https://millionrounds.com/fund/iconiq-capital-3) Lead [EQT Ventures](https://millionrounds.com/fund/eqt-ventures) [Lifeline Ventures](https://millionrounds.com/fund/lifeline-ventures) [Highland Europe](https://millionrounds.com/fund/highland-europe) [Ilkka Paananen](https://millionrounds.com/fund/ilkka-paananen) 83North Reported by FinSMEs
- **Nov 2014** Seed **$500K** *2 new* [Lifeline Ventures](https://millionrounds.com/fund/lifeline-ventures) [Inventure Oy](https://millionrounds.com/fund/inventure-oy) From a historical funding record

## 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.

**Seed** 2014 **Series C** 2019 **Series E** 2021 [Lifeline Ventures](https://millionrounds.com/fund/lifeline-ventures) [EQT Ventures](https://millionrounds.com/fund/eqt-ventures) [Iconiq Capital](https://millionrounds.com/fund/iconiq-capital-3) L [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) [Coatue](https://millionrounds.com/fund/coatue-management) [Highland Europe](https://millionrounds.com/fund/highland-europe) [Inventure Oy](https://millionrounds.com/fund/inventure-oy) [Ilkka Paananen](https://millionrounds.com/fund/ilkka-paananen) 83North

## Everyone who backed them

[Lifeline Ventures](https://millionrounds.com/fund/lifeline-ventures) VC firm **3** rounds

[EQT Ventures](https://millionrounds.com/fund/eqt-ventures) VC firm **2** rounds

[Iconiq Capital](https://millionrounds.com/fund/iconiq-capital-3) Growth equity **1** round, led 1

[Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) VC firm **1** round

[Coatue](https://millionrounds.com/fund/coatue-management) VC firm **1** round

[Highland Europe](https://millionrounds.com/fund/highland-europe) VC firm **1** round

[Inventure Oy](https://millionrounds.com/fund/inventure-oy) VC firm **1** round

[Ilkka Paananen](https://millionrounds.com/fund/ilkka-paananen) VC firm **1** round

83North no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=wolt).

## Also claim to have backed them

This firm lists Wolt as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Alfabeat](https://millionrounds.com/fund/alfabeat) VC firm Per its own site

## Quick answers about Wolt

### Who invested in Wolt?

Wolt's investors include Lifeline Ventures, EQT Ventures, Iconiq Capital, Tiger Global Management and Coatue, and 4 more on record.

### How much has Wolt raised?

Wolt has raised $661M across 3 rounds since 2014.

### When did Wolt last raise?

Wolt's most recent round was a Series E of $530M in Jan 2021.

### What was Wolt's biggest round?

Its most recent round, $530M in Jan 2021, is also its largest on record.

### Who backed Wolt first?

Wolt's first round on record, in Nov 2014, was backed by Lifeline Ventures and Inventure Oy.

### What stage is Wolt at?

Wolt's latest named round is a Series E, in Jan 2021.

### Where is Wolt based?

Wolt is based in Finland.

### Who led Wolt's rounds?

Iconiq Capital led the Series C in 2019.

## Companies like Wolt

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

[**Zero** $15M · Sept 2026](https://millionrounds.com/company/zero)[**Perfat Technologies** $5.8M · Jul 2026](https://millionrounds.com/company/perfat-technologies)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**Mika Games** $10M · Oct 2026](https://millionrounds.com/company/mika-games)[**Blackwall** $162M · Oct 2026](https://millionrounds.com/company/blackwall)[**Tolan** $30M · Oct 2026](https://millionrounds.com/company/tolan)

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