Everli raised a $100 million in Series C funding led by Verlinvest.
Everli, a Milan, Italy-based operator of a marketplace for online grocery shopping, announced completing a $100 million Series C funding 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.