๐Ÿ›’ Everli raises $100M Series C ๐Ÿ›’

European online grocery shopping marketplace Everli (ex-Supermercato24) announces its $100M Series C to fuel international expansion. Born in Milan, Everli now operates in Italy, Poland, Czech Republic and France. The Series C will fuel growth and international expansion.

This new round – the largest funding round in Italy thus far in 2021 – is led by Verlinvest, with participation from new investors Luxor, DN Capital, C4 Ventures and Convivialitรฉ Ventures. 360 Capital continues to support the company, along with existing co-investors FITEC (Fondo Italiano d’Investimento), Innogest and DIP.

For 360 Capital, this marks an important milestone for a company we first invested in in 2014, in its initial seed round.

Founded in 2014, Everli lets customers order from local supermarkets for delivery. The company uses gig economy-styled personal shoppers who go into the store and โ€œpickโ€ the products ordered and then deliver them same-day, or for an added cost within an hour. The company charges a delivery fee to consumers, but also generates revenue from fees charged to partnering merchants, and, notably, through advertising.

It has become the delivery partner of some of Europeโ€™s largest grocery brands, offering access to over 300,000 products across the 70 cities in which it operates.

Everli is a good example of the acceleration of e-commerce prompted by the pandemix, as country lockdowns pushed consumers to buy online, and grocery stores to find new channels to reach their clients. Operational excellence has become a key driver.

The building up of the international operations offers a new breadth of opportunities, and we look forward to the next steps!

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