Getir founder Nazim Salur.
Ultrafast grocery delivery company Getir has raised more than $550 million in a Series D funding round, taking the firm’s valuation to over $7.5 billion.
Following on the heels of the company’s $300 million Series C announcement, the raise marks Getir’s third round of investment in 2021, with nearly $1 billion raised since the beginning of the year.
The Series D round saw the firm attract the backing of a number of new investors, including Silver Lake, DisruptAd and Mubadala Investment Company. Getir plans to use the new funds to support its expansion into the US.
The Istanbul-based company entered the UK market in January this year, launching in London, and has since expanded to Amsterdam.
According to Getir, its couriers are set to hit the road in Paris and Berlin in the coming weeks, with expansion into the US planned for later this year.
“Our model and approach to ultrafast delivery is thriving and this latest round of funding further enables us to deliver our best-in-class service to new customers in Europe, the United States and beyond. There is great appetite for Getir and rapid grocery delivery,” said Getir founder, Nazim Salur.
“As the pioneers of the market, we continue to stand out by constantly innovating to provide the industry standard.”
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