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§ Private Profile · Tanburi Ali Efendi Sokak Sit T Bl AP 13/334 Besiktas Istanbul, Turkey
Ultrafast grocery delivery service offering over 1,500 items in about 10 minutes via mobile app, expanding internationally.
Getir, based in Istanbul, Turkey, pioneered the 10-minute last-mile delivery model, providing ultrafast grocery delivery of over 1,500 everyday items to customers in about 10 minutes via its mobile app. The company also offers restaurant food delivery and courier services in select markets, expanding internationally to cities like London in 2021. Getir has raised over $1.3 billion in venture capital funding, achieving an $850 million valuation in its 2020 Series B round and reaching $7.5 billion by July 2021. Notable investors include Sequoia, Mike Moritz (Crankstart), Silver Lake, and Tiger Global. Founded in 2015 by Nazım Salur, Serkan Borançılı, and Tuncay Tütek, Getir had processed over 3 million orders by 2018, utilizing 600 vehicles and 60 distribution centers.
Getir has raised $2.5B across 8 funding rounds.
Key people at Getir.
Getir was founded in 2015 by Nazım Salur (Co-Founder) and Mehmed Nazim Salur (Founder) and Serkan Borancılı (Founder) and Tuncay Tütek (Founder).
Getir has raised $2.5B in total across 8 funding rounds.
Key people at Getir.
Getir is a Turkish startup revolutionizing last-mile delivery by offering ultrafast grocery and daily essentials delivery through its mobile app, promising delivery in as little as 10 to 15 minutes. It serves urban consumers who demand instant convenience, providing access to around 1,500 everyday items from strategically located micro-fulfillment centers or "dark stores." Getir’s vertically integrated model controls inventory, pricing, and delivery logistics, enabling a seamless user experience and rapid fulfillment across multiple countries, including Turkey, the UK, Germany, the Netherlands, and the US[1][2][4][5].
Founded in 2015 by Nazım Salur and his team in Istanbul, Getir emerged to address the growing consumer need for instant gratification in grocery shopping, leveraging technology such as AI for demand prediction and real-time routing. Early traction came from rapid order growth, doubling to 1.5 million orders by late 2019, and expanding services to include restaurant food delivery and car-sharing. The company has since scaled globally, acquiring competitors like UK’s Weezy and US-based FreshDirect, and raised significant funding rounds, reaching a $12 billion valuation before being acquired by Mubadala Investment Company in 2024[2][4][5].
Getir rides the wave of Q-commerce (Quick Commerce), a trend driven by urban consumers’ increasing demand for immediate delivery of essentials. The timing aligns with the rise of mobile commerce, AI logistics, and changing consumer behaviors accelerated by the pandemic. Despite some post-pandemic challenges and market exits in Southern Europe, Getir’s focus on core markets with strong urban density and digital adoption positions it well. It influences the broader ecosystem by pushing traditional retailers and delivery platforms to innovate faster and invest in micro-fulfillment and AI-driven logistics[3][4][5].
Getir’s future lies in consolidating its leadership in core markets while refining its technology and operational efficiency to sustain profitability amid rising costs. Trends shaping its journey include further AI advancements, expansion of quick commerce into new verticals, and potential partnerships or acquisitions to deepen market penetration. Its influence may evolve from a fast delivery startup to a broader urban logistics platform, setting standards for instant delivery and digital convenience in grocery and beyond[4][5].
In essence, Getir’s promise to "bring" essentials in minutes encapsulates a transformative shift in consumer expectations and urban logistics, making it a pivotal player in the future of on-demand delivery.
Getir has raised $2.5B across 8 funding rounds. Most recently, it raised $250.0M Other Equity in June 2024.
Getir was founded in 2015 by Nazım Salur (Co-Founder) and Mehmed Nazim Salur (Founder) and Serkan Borancılı (Founder) and Tuncay Tütek (Founder).
Getir has raised $2.5B in total across 8 funding rounds.
Getir's investors include Adit Ventures, Base Partners, Casa Verde Capital, FJ Labs, General Atlantic, IVP, Norrsken VC, Northzone, QED Investors, Reimann Investors, TCV, Walerud Ventures.
