Getir: Raises $550M in Series D Funding at $7.5 Billion Valuation

Getir: Raises $550M in Series D Funding at $7.5 Billion Valuation

  • Getir, an Istanbul, Turkey-based grocery delivery app provider, raised $550m in Series D funding at a $7.5 billion valuation
  • Backers included Silver Lake, DisruptAD, Mubadala and insiders Tiger Global and Sequoia Capital
  • This marks companies third round of investment in 2021, with nearly $1bn raised since the beginning of the year
  • The company intends to use the funds to continue to its expansion into the United States
  • The company is a last-mile delivery company offering a selection of 1,500 everyday items delivered to customers in minutes
  • The platform is now operating in 30 cities in Turkey and has launched operations in the UK in January and in the Netherlands in May 2021
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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