Getir secures $300 million in a round led by Sequoia Capital and Tiger.
Getir, an Istanbul, Turkey-based operator of an online grocery business, announced the completion of a $300 million capital investment round.
The money was raised from a range of investors led by the American VCs Sequoia Capital and Tiger Global Management. The deal values the company at $2.6 billion.
Getir, founded in 2015 by Arkady Volozh, Doğancan Dalyan, Mert Salur, Nazım Salur, Serkan Borançılı and Tuncay Tütek and established an on-demand consumer delivery business. The company started to become operational in London, UK at the beginning of 2021, and plans to be active in more European countries, including Germany, France and the Netherlands.
Getir is one of the many online grocery startups from Europe funded by venture money and previously raised more than $170 million, with the most of it, $128M, secured in Januarry 2021.
Other shareholders in the company include Michael Moritz (through Crankstart Foundation), Goodwater Capital, Base Partners, Re-Pie Asset Management, Revo Capital, Esas Holding and Fiba Holding A.Ş.