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Getir: Raises $550M in Series D Funding at $7.5 Billion Valuation

Getir: Raises $550M in Series D Funding at $7.5 Billion Valuation

  • Getir, an Istanbul, Turkey-based grocery delivery app provider, raised $550m in Series D funding at a $7.5 billion valuation
  • Backers included Silver Lake, DisruptAD, Mubadala and insiders Tiger Global and Sequoia Capital
  • This marks companies third round of investment in 2021, with nearly $1bn raised since the beginning of the year
  • The company intends to use the funds to continue to its expansion into the United States
  • The company is a last-mile delivery company offering a selection of 1,500 everyday items delivered to customers in minutes
  • The platform is now operating in 30 cities in Turkey and has launched operations in the UK in January and in the Netherlands in May 2021

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