Everli raised a $100 million in Series C funding led by Verlinvest.

France United Kingdom United States Belgium Italy Luxembourg 29 March 2021

Everli, a Milan, Italy-based operator of a marketplace for online grocery shopping, announced completing a $100 million Series C funding round.

The money was raised from investors led by Blegium-based VC Verlinvest, and including contributions from new investors Luxor, DN Capital, C4 Ventures, and Convivialité Ventures.

Existing shareholders FITEC, 360 Capital, Innogest, and DIP were also part of the round.

Proceeds will be used for geographical expansion.

Everli, founded in 2014 as Supermercato24 by Enrico Pandian and led by CEO Federico Sargenti, developed an e-commerce operation for taking orders from local supermarkets and providing the delivery.

The company operates under a model involving that upon receiving an order, their personal shoppers will go pick up the merchandise from the store, and deliver it on the same-day, or for an added cost within an hour. Everli also takes a cut from merchants, and sells advertising on its digital assets.

The company is active in 70 cities from Italy, Poland, Czech Republic and France which produced $130 million revenue in 2020.

Everli previously raised some $32 million, notably with Endeavor Catalyst on the investors list.

Total investments received (USD): 132.25M