About Wolt

Wolt provides an on-demand delivery platform connecting consumers with local restaurants, grocery stores, and retail shops. The service enables seamless ordering, payment, and real-time delivery tracking, supporting local businesses and offering convenient access to goods.

<problem> Consumers face challenges in accessing a wide variety of local goods and services conveniently. Businesses, particularly small and medium-sized enterprises, struggle to reach a broader customer base and manage efficient last-mile delivery logistics. </problem> <solution> Wolt operates a technology platform that facilitates on-demand delivery services for a diverse range of local businesses, including restaurants, grocery stores, and retail shops. The platform connects customers seeking convenience with a network of independent couriers, enabling seamless order placement, payment processing, and real-time delivery tracking. By optimizing logistics through its proprietary routing algorithms and dispatch system, Wolt ensures efficient fulfillment and enhances the customer experience. This integrated approach supports local commerce by expanding market reach for businesses and providing flexible earning opportunities for couriers. </solution> <features> - Integrated order management system for businesses to receive and process customer requests. - Real-time GPS tracking for customers to monitor courier progress from pickup to delivery. - Dynamic routing engine for couriers to optimize delivery efficiency and minimize transit times. - Secure payment gateway supporting multiple transaction methods. - API integrations for businesses to connect their inventory and POS systems. - Customer-facing mobile application for browsing, ordering, and managing deliveries. - Courier application providing order details, navigation, and earnings management. - Data analytics dashboard for businesses to track sales performance and delivery metrics. </features> <target_audience> The primary target audience includes consumers seeking convenient access to local food and retail items, and local businesses looking to expand their customer reach and streamline delivery operations. </target_audience>

What does Wolt do?

Where is Wolt located?

Wolt is based in Helsinki, Finland.

When was Wolt founded?

Wolt was founded in 2014.

How much funding has Wolt raised?

Wolt has raised 530000000.

Location

Helsinki, Finland

Founded

2014

Funding

530000000

Employees

10512 employees

Major Investors

ICONIQ Growth

Find Investable Startups and Competitors

Search thousands of startups using natural language

AI voice (2021+)underground pipe robots energy flexibility software

Start Searching

Wolt

⚠️ AI-generated overview based on web search data – may contain errors, please verify information yourself! You can claim this account with your email domain to make edits.

Executive Summary

careers.wolt.com 50K+

Crunchbase

Founded 2014 – Helsinki, Finland

Funding

Estimated Funding

$500M+

Major Investors

ICONIQ Growth

Team (1000+)

No team information available.

Company Description

Problem

Consumers face challenges in accessing a wide variety of local goods and services conveniently. Businesses, particularly small and medium-sized enterprises, struggle to reach a broader customer base and manage efficient last-mile delivery logistics.

Solution

Wolt operates a technology platform that facilitates on-demand delivery services for a diverse range of local businesses, including restaurants, grocery stores, and retail shops. The platform connects customers seeking convenience with a network of independent couriers, enabling seamless order placement, payment processing, and real-time delivery tracking. By optimizing logistics through its proprietary routing algorithms and dispatch system, Wolt ensures efficient fulfillment and enhances the customer experience. This integrated approach supports local commerce by expanding market reach for businesses and providing flexible earning opportunities for couriers.

Features

Integrated order management system for businesses to receive and process customer requests.

Real-time GPS tracking for customers to monitor courier progress from pickup to delivery.

Dynamic routing engine for couriers to optimize delivery efficiency and minimize transit times.

Secure payment gateway supporting multiple transaction methods.

API integrations for businesses to connect their inventory and POS systems.

Customer-facing mobile application for browsing, ordering, and managing deliveries.

Courier application providing order details, navigation, and earnings management.

Data analytics dashboard for businesses to track sales performance and delivery metrics.

Target Audience

The primary target audience includes consumers seeking convenient access to local food and retail items, and local businesses looking to expand their customer reach and streamline delivery operations.