Glovo Picks Up €2 Million in Funding While The Secret’s Out On Stuart

Glovo, the Barcelona-based urban delivery marketplace that promises to connect you with ANYTHING you want in 60 minutes or less, has picked up funding.

The relatively new startup was founded in january 2015 and began taking orders in march. Glovo has recently gone through the Conector acceleration program and with €2 millions in funding, they are ready to compete with the growing number of delivery apps on market.

Several deliver apps already exist in Barcelona such as Deliveroo, Foodora and JustEat, but they only deliver food. Glovo promises to deliver whatever you want to your doorstep in under an hour at a flat-rate at €5.50 with no extra mark-up on the price of the product. However, not far behind is the the delivery service Stuart. They have recently received €22 million in funding prior to their own public launch, and will give users a much lower priced option for on-demand delivery. Right now, the race is on for user acquisition.

“So far this has seen a wide range of orders, from food from boutique restaurants that don’t offer delivery, high street department stores, late night pharmacies, to alcohol and cigarettes. What is clear is that our customers really know exactly what they want and in most cases where we need to pick it up from,” says Glovo co-founder Sacha Michaud.

According to TechCrunch, the app also has built in an API so that stores or e-commerce sites can plug their delivery needs directly into the platform.

The so-called Glovers, or the delivery people are locals, and everyone with enough free-time can apply on the Glovo-site to become a Glover. The service says that experienced Glovers earn around 10 euros an hour.

Also read: Barcelona Tech Factory: Our Own Version of the Cambridge Innovation Center