Wolt is an online food ordering and delivery service that takes orders via a mobile app.

Wolt allows any restaurant to sign up as a merchant, mediating the order from the customer, taking care of the delivery and automatic payment by credit card.

Wolt was founded in Oct 29, 2014 by Miki Kuusi. The company is based in Helsinki, Southern Finland, Finland with additional offices in over 52 cities, including Tampere, Turku, Tallinn, Stockholm, Vilnius, Copenhagen, Prague, Brno, Tbilisi, Athens and Tel Aviv.

 

Wolt allows any restaurant to sign up as a merchant, mediating the order from the customer, taking care of the delivery and automatic payment by credit card.  Wolt currently works with more than 10,000 restaurants and 20,000 couriers across 22 countries and 80 cities, with a staff that exceeds 1,000 people today – up from 450 when the last round was announced.

 

Wolt's investors include ICONIQ Capital, EQT Ventures, Inventure, 83North, Ilkka Paananen (CEO, Supercell), Niklas Zennström (Atomico, Skype), Risto Siilasmaa (chairman, Nokia) and others. The company raised €100M ($109M) in a new round of funding on May 15, 2020. This brings Wolt's total funding to $284.5M to date. The company has also acquired Daily on Nov 9, 2018 for an undisclosed amount.

 

 

  • Year founded: 2014
  • Funding Info: $284.5M over 6 Funding Rounds (Latest Funding Type: Series D)- Wolt has also acquired Daily in Nov 9, 2018.
  • Yearly Revenue: NA
  • Employee Size: 501-1,000
  • Business Valuation: NA
  • City/Town: Southern Finland
  • State: Helsinki
  • Country: Finland
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