What is Getir?
Founded in 2015, Getir has redefined the retail landscape by introducing a hyper-local, on-demand delivery model for groceries and essential goods. Headquartered in Istanbul, the company leverages a sophisticated mobile platform to facilitate rapid fulfillment, effectively bridging the gap between traditional retail and digital convenience. By integrating advanced logistics with a robust network of dark stores, Getir has established a formidable presence in major Turkish cities and expanded its footprint into key international markets. The company's market position is characterized by its agility in the quick-commerce sector, where speed and reliability are the primary drivers of customer retention and brand loyalty.
How much funding has Getir raised?
Getir has raised a total of $3.1B across 8 funding rounds:
Series A
$38M
Multiple Rounds
$1.5B
Series E
$768M
Other Financing Round
$500M
Private Equity
$250M
Series A (2020): $38M with participation from Michael Moritz
Series B (2021): $128M led by Goodwater Capital LLC, Tiger Global Ltd, Fiba Group, and Esas Holding
Series C (2021): $300M supported by Steamboat Ventures and Tiger Global
Series D (2021): $550M featuring Silver Lake, Sequoia Capital, DisruptAD, Tiger Global, and Mubadala
Unspecified (2021): $555M backed by Tiger Global, Silver Lake, and Sequoia Capital
Series E (2022): $768M with participation from Sequoia Capital, Alpha Wave Global, Abu Dhabi Growth Fund, Tiger Global, and Mubadala
Other Financing Round (2023): $500M led by Revo Capital and Mubadala
Private Equity (2024): $250M supported by Mubadala wealth fund
Key Investors in Getir
Mubadala
Mubadala Investment Company is a sovereign investor managing a global portfolio to generate sustainable financial returns for Abu Dhabi. The fund collaborates with international partners to drive innovation and foster economic diversification.
Sequoia Capital
Sequoia Capital is a premier venture capital firm with an unparalleled track record of partnering with entrepreneurs to create global market leaders across various technology sectors.
Silver Lake
Silver Lake is a global investment firm focused on technology and technology-enabled businesses, providing strategic support to companies at various stages of their development.
What's next for Getir?
Looking ahead, Getir is positioned to leverage its recent capital influx to refine its operational efficiency and explore sustainable growth avenues. The strategic focus will likely shift toward optimizing unit economics and deepening market penetration in existing regions. By prioritizing technological integration and supply chain resilience, the company aims to solidify its leadership in the on-demand retail space. Future growth will depend on the firm's ability to balance aggressive expansion with the fiscal discipline required to navigate the evolving macroeconomic climate, ensuring long-term value creation for its diverse base of institutional investors.
See full Getir company page
