Getir Becomes Unicorn with $2.6 Billion Valuation
Founded in 2015, Getir, a demand-driven grocery delivery startup, raised $300 million in an investment round led by Sequoia Capital and Tiger Global and became Turkey’s second unicorn company with a valuation of $2.6 billion.
Getir also organized an investment round last January and received an investment of 128 million dollars. Nazmi Salur, the founder of Getir, said, “It is not easy to get a new round of investment every 2 months, not every startup is fortunate. This is something that can happen if it is one of the popular businesses in the near term. Our model is one of the most popular topics in the world right now. We invented this model and many foreign companies came out after us. They are also receiving investments. This popularity is not related to the pandemic. We grew 100 percent with Getir 5 years ago. This is about the business idea attracting the user. We are not just a courier company, Getir is a technology company. It is done with a very serious data management,” he said.
Getir Aims to Expand to Europe
Getir, Turkey’s second unicorn after Peak Games, aims to increase the number of countries it will serve to 5 in 2021. Getir, which started to serve in London as of January, plans to start operating in Germany, France and the Netherlands in the near future. Salur also stated that they aim to open Getir in Brazil in the second half of 2021.
