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Prague-based Rohlik raises €100 million in Series C funding

Rohlik, one of Europe’s leading online grocery delivery businesses has raised €100 million in a Series C funding round led by Index Ventures. With this round, Rohlik joins a select club of fastest-growing European startups to achieve unicorn status with a valuation of over $1 billion.

With revenue exceeding €300 million in 2020, Rohlik Group provides more than 750,000 customers across 3 international markets with fast and precise home deliveries of high-quality groceries.

Founded in 2014 with the vision to elevate the standards of food quality and service in the grocery industry, founder Tomáš Čupr believes that customers deserve to eat better food, delivered at their doorstep. Rohlik delivers as quickly as within two hours of placing an order with precise 15-minute delivery windows. Rohlik also offers its customers its own brands of dairy and meat, with other product segments to follow.

Tomáš Čupr, founder and CEO of The Rohlik Group, said: “We announced the first round of financing at the beginning of March, where we raised $230 million. After three months, we received additional funding led by Index Ventures. This investment shows our investors’ confidence in Rohlik Group’s fast growth. We are now perceived as a European company able to scale quickly in the very demanding Western European markets. The newly secured funding helps us to accelerate even faster than originally intended, mainly in the areas of new market entries, fulfillment center automation, and the overall pace of innovation, including hiring great talent.

 

Source
EU Startups

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