Sunday, October 20, 2024
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Getir: Closes $300M Series C Funding; Valued at $2.6 Billion

  • Getir, an Istanbul, Turkey-based grocery delivery company, closed a $300m Series C funding round two months after finalizing its $128m Series B round
  • The Series C round was led by Sequoia Capital and repeat investor Tiger Global
  • The investment round included 7 out of 8 existing funds
  • The company, which now has a new valuation of $2.6B, also intends to use the funds to grow in Turkey and the UK and expand into three more European markets in the coming months
  • Getir delivers a selection of 1,500 everyday items to its customers in minutes, 7 days a week, day and night
  • The company, which has launched operations in London as of January 2021 also has sub-brands – GetirFood, GetirMore and GetirWater

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