Glovo is a Spain-based, delivery app founded in 2014 by Oscar Pierre, he launched in 2015 by with Sacha Michaud following an initial round of funding.
[1] Following a pitch to potential investors at the Catalan Conector Startup Accelerator[2] program in 2015, Pierre met Sacha Michaud, a seasoned tech entrepreneur.
In 2017, Glovo signed an exclusive delivery deal with McDonald's in a variety of Spanish and Italian cities[3] and led a Series B €25 million round with Japanese e-commerce giant Rakuten and other investors.
By 2019, Glovo, after closing two rounds worth €150 million each, achieved a valuation that exceeded $1 billion and therefore joined Cabify as a Spanish Unicorn.
Finally, the company partnered with carbon finance consultancy group South Pole to expand its compensation initiatives to cover 100pc of its emissions.
Glovo specializes in last-mile logistics, primarily connecting users with businesses, and couriers, offering on-demand services from local restaurants, grocers and supermarkets, and high street retail stores via its mobile app.
One of their unique selling propositions includes an ‘Anything’ button where users can request couriers bring anything to their front door, so long as it fits in their bag.
The initiative was developed in partnership with the non-profit organization Fairwork Project and as a program, upgrades the benefits and conditions for all couriers delivering through the Glovo app.