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gorillas.io

Founded Year

2020

Stage

Series C - II | Alive

Total Raised

$1.335B

About Gorillas

Gorillas is a delivery service that brings everything from groceries to home care to the door of customers.

Gorillas Headquarter Location

Danziger Strasse 64

Berlin, 10405,

Germany

ESPs containing Gorillas

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER
Consumer & Retail / Grocery Retail

On-demand delivery platforms recruit non-professional couriers to deliver last-mile orders to shoppers on the behalf of restaurants, grocers, and other retailers. Ultrafast delivery providers utilize AI inventory monitoring and small dark stores to quickly serve customers and provide accurate in-stock information via an app.

Gorillas named as Challenger among 11 other companies, including Instacart, Glovo, and goPuff.

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Expert Collections containing Gorillas

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Gorillas is included in 5 Expert Collections, including Food & Meal Delivery.

F

Food & Meal Delivery

1,494 items

Startups and tech companies offering online grocery, food, beverage, and meal delivery services.

O

On-Demand

1,231 items

U

Unicorns- Billion Dollar Startups

1,113 items

S

Supply Chain & Logistics Tech

3,375 items

Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).

G

Grocery Retail Tech

523 items

Startups providing B2B solutions to grocery businesses to improve their store and omni-channel performance. Includes customer analytics platforms, in-store robots, predictive inventory management systems, online enablement for grocers and consumables retailers, and more.

Latest Gorillas News

Gorillas is struggling to hit a $5 billion target valuation as it seeks new funding. The delivery startup also had informal merg...

May 2, 2022

Fast-delivery startups are consolidating as the pandemic wanes and consumers venture out more. Getir is losing upwards of $60 million a month, according to a person familiar with the figures. Delivery firms in Europe have been hammered by public market investors. Rapid grocery delivery service Gorillas has approached investors in recent months about a new funding round at a valuation of about $5 billion, according to two people familiar with the matter. The Berlin-based company has also informally discussed a potential merger with competitor Jokr , according to one of the people. People close to the companies are skeptical that a merger will take place. But the existence of the talks, as well as headwinds Gorillas faces as it cobbles together new funding, reflect a starker landscape for delivery services . Earlier this year, startups Fridge No More and Buyk shut down after being unable to secure new funding. Last week, Just Eat Takeaway said it was exploring selling Grubhub barely a year after completing its takeover of the US food delivery firm. Shares of Germany's Delivery Hero have dropped 75% in the last six months as consumer demand for delivery services has ebbed in the wake of the pandemic. Delivery Hero also happens to own 8% of Gorillas, which it acquired last fall when it led a funding round, that valued the startup at $3.1 billion. Gorillas has other high profile investors including Coatue and Dragoneer. People familiar with Gorillas current funding talks are skeptical the company will be able to command the $5 billion valuation it's seeking, and executives there have already signaled a willingness to go lower. Gorillas execs have said they already have a commitment from a Middle Eastern-based investor, the name of which couldn't be learned. Bloomberg reported in February that Gorillas was seeking to raise $700 million. Gorilla's position in the grocery delivery space has been challenged in the last year. It has lost market share in its home-base of Germany to rival Flink, according to people familiar with the matter. And its US plans seemed stymied. The company aggressively entered New York last year, but has since backed off plans to expand outside the city, according to people with knowledge of the strategy. The company has no plans yet to pull out of New York entirely, according to two people familiar with its thinking. Instead Gorillas views its presence in the city as mostly strategic, potentially trying to leverage it in some kind of territory swap with a competitor. The people who spoke with Insider asked not to be identified discussing private deliberations. "Gorillas' journey in the US is just starting. We are focused on growth in New York City to reinforce our existing footprint before expanding to new states."  a spokesperson said, while noting the startup has opened two new warehouses in the city. The company already seems to have worked out a deal, at least in some New York locations, with Jokr. A recent report in the Hngry newsletter said Gorillas had acquired Jokr's New York assets, although people close to the matter say Gorillas only took over one or two fulfillment centers. Jokr is currently evaluating its plans in the US. It's currently in New York and Boston, while most of its business is coming from Latin America, according to people familiar with the matter. A spokesperson for Jokr declined to comment. Competing in the US in the rapid delivery space comes at a high cost. Getir, which recently closed a $700 million funding round that valued the company at about $12 billion, has been losing upwards of $60 million a month, according to a person familiar with the figures. Gopuff, perhaps the largest player in the rapid delivery space, burned through $500 million last year, according to a report in Axios. The company recently laid off 3% of its global workforce and raised delivery fees, in a bid to reduce cash burn. The company is still expected to lose hundreds of millions of dollars this year, but it has around $2 billion in cash, which means losing money at its current rate isn't too much of a concern. Are you an insider with insight to share? Got a tip? Contact this reporter via email at tdotan@insider.com or Twitter DM at @cityofthetown . Check out Insider's source guide for suggestions on how to share information securely. Sign up for notifications from Insider! Stay up to date with what you want to know. Subscribe to push notifications

Gorillas Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Gorillas Rank

  • When was Gorillas founded?

    Gorillas was founded in 2020.

  • Where is Gorillas's headquarters?

    Gorillas's headquarters is located at Danziger Strasse 64, Berlin.

  • What is Gorillas's latest funding round?

    Gorillas's latest funding round is Series C - II.

  • How much did Gorillas raise?

    Gorillas raised a total of $1.335B.

  • Who are the investors of Gorillas?

    Investors of Gorillas include Mississippi Ventures, Atlantic Food Labs, Coatue Management, Greenoaks Capital Management, Fifth Wall Ventures and 12 more.

  • Who are Gorillas's competitors?

    Competitors of Gorillas include Flink and 5 more.

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