Wolt
A leading global food delivery service, operating in more than 20 countries and over 100 cities.
Wolt's app allows users to browse through a range of restaurants and giving them the ability to select either takeaway, home delivery, or table services, enabling customers to order food easily and conveniently. Wolt also offers delivery of grocery and general retail items in many markets, a fast growing segment for the company.
- Sector
Technology
- Country
Finland
- Fund
EQT Growth
- Entry
2021
- Exit
2022
Website
About Wolt
Wolt launched in the summer of 2015 in Helsinki, Finland together with ten restaurants – within the last five years the company has expanded across the Nordics, Baltics, Eastern and Central Europe, Israel, Japan, Germany and the Caucasus, serving over +7 million registered users together with its c. 60k courier and c. 30k restaurants partners.
Market Trends and Drivers
The global food and grocery delivery market is expected to reach over USD 360bn (UBS report); making it a massive consumer internet opportunity.
Investment Potential
Wolt is set to continue strengthening its leadership position in its core markets while expanding in key new markets like Japan and Germany, and expanding its product offering of Grocery and Retail goods. Wolt is leveraging its large customer base, superior technology platform and best-in-class operational network.
Board of directors
Chairperson
Petteri Koponen
Board member
Laurel Bowden
Board member
Ilkka Paananen
Board member
Greg Stanger
Management
CEO
Miki Kuusi
COO & CFO
Riku Makela
CMO
Fredrik Lukander
Do You Want to Know More?
We are eager to explore how we can achieve great things together.