Jokr Raises $170M in Series A Funding


Jokr, a NYC-based instant grocery and retail delivery platform provider, raised $170m in Series A funding.

The round was led by GGV Capital, Balderton Capital and Tiger Global Management, with participation from Activant Capital, Greycroft, FJ Labs, Kaszek, Monashees and HV Capital. In conjunction with the funding, Hans Tung, Managing Partner at GGV Capital, joined Jokr’s board.

The company plans to use the capital to expand its continued growth and its roll out across additional cities in the U.S., Latin America and Europe.

Led by Ralf Wenzel, Founder and CEO, Jokr is a grocery and retail delivery platform with operations in the U.S., Latin America and Europe. The company delivers orders including all sorts of products such as supermarket and convenience products, pharmaceuticals and exclusive local products that are not available in regular supermarkets, within 15 minutes of purchase.

Currently, Jokr is live in nine cities, and plans to launch in additional cities and countries in the next weeks. Since starting operations, JOKR has opened roughly one hub per day in an ever-expanding list of cities, including New York City (US), São Paolo (Brazil), Mexico City (Mexico), Bogota (Colombia), Lima (Peru), Warsaw (Poland) and Vienna (Austria).