How Much Did Getir Raise?
Funding & Key Investors

Getir, the pioneer of ultra-fast on-demand grocery delivery, has successfully secured a major strategic investment, bringing its total capital accumulation to $3.1B. This latest infusion of $250M underscores the company's resilience and continued dominance in the competitive quick-commerce sector. By leveraging significant financial backing, Getir continues to solidify its operational footprint across key urban centers, maintaining its trajectory as a transformative force in the retail logistics landscape.

The company's funding journey, which began with modest early-stage support, has evolved into a series of high-stakes capital rounds. This progression reflects the firm's ability to scale complex supply chain operations while navigating the volatile demands of the global on-demand economy.

What is Getir?

Getir
RetailGrocery Retail

Founded in 2015 and headquartered in Istanbul, Turkey, Getir has redefined the consumer experience by providing rapid delivery of grocery items and essential goods. Operating across major Turkish cities including Istanbul, Izmir, Ankara, Bursa, and Kocaeli, the company utilizes a sophisticated network of dark stores and a proprietary logistics platform to ensure delivery times that set industry benchmarks. As a leader in the quick-commerce space, Getir integrates mobile technology with localized distribution to address the growing consumer demand for immediate, frictionless retail services.

How much funding has Getir raised?

Getir has raised a total of $3.1B across 8 funding rounds:

2020

Series A

$38M

2021

Multiple Rounds

$1.5B

2022

Series E

$768M

2023

Other Financing Round

$500M

2024

Private Equity

$250M

Series A (2020): $38M with participation from Michael Moritz

Series B (2021): $128M led by Fiba Group, Esas Holding, Goodwater Capital LLC, and Tiger Global Ltd

Series C (2021): $300M supported by Tiger Global and Steamboat Ventures

Series D (2021): $550M featuring Silver Lake, DisruptAD, Tiger Global, Mubadala, and Sequoia Capital

Unspecified (2021): $555M backed by Tiger Global, Sequoia Capital, and Silver Lake

Series E (2022): $768M with participation from Sequoia Capital, Alpha Wave Global, Tiger Global, Mubadala, and Abu Dhabi Growth Fund

Other Financing Round (2023): $500M led by Mubadala and Revo Capital

Private Equity (2024): $250M supported by Mubadala wealth fund

Key Investors in Getir

Sequoia Capital

A globally recognized venture capital firm with an unparalleled track record of partnering with entrepreneurs to create market leaders, focusing on long-term value creation across technology and growth-stage sectors.

Tiger Global

An independent investment group that provides significant capital to high-growth companies, leveraging deep expertise in global markets to support scalable business models.

Mubadala

A sovereign investment company based in Abu Dhabi, focused on generating sustainable financial returns through a diversified portfolio of global assets and strategic partnerships.

What's next for Getir?

With the recent strategic investment, Getir is positioned to optimize its operational efficiency and deepen its market penetration. The company is expected to focus on refining its last-mile delivery algorithms and expanding its product inventory to enhance unit economics. As the firm transitions into a more mature lifecycle stage, the focus will likely shift toward sustainable growth and long-term profitability, leveraging its established brand equity to defend its market share against emerging competitors in the global retail technology ecosystem.

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Frequently Asked Questions Regarding Getir Financial Insights

What are the most recent funding rounds that Getir has completed, and what were the funding rounds?
Getir has recently completed 3 funding rounds: Private Equity on Jun 24, 2024, Other Financing Round on Sep 8, 2023, Series E on Mar 17, 2022.
What is the total amount of funding Getir has raised to date?
Getir has raised a total of $3.1B in funding to date.
How many funding rounds has Getir completed?
Getir has completed 3 funding rounds.
How much funding did Getir raise in its most recent funding round?
Getir raised $250M in its most recent funding round.
Who are the lead investors in Getir's latest funding round?
The lead investor in Getir's latest funding round was Mubadala wealth fund. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Getir's history?
The largest funding round in Getir's history was $768M.
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