Wolt

Wolt

On-demand delivery platform for food

Overview

Wolt is an on-demand delivery platform based in Helsinki that connects customers with local restaurants and stores to deliver food and other goods. How it works: users order via a mobile app or platform, and Wolt’s technology routes orders to nearby couriers who are independent contractors. Couriers pick up items from partners and deliver them to customers; the app handles payments, including delivery fees, service charges, and commissions for partners, with customers able to tip couriers directly. Differences from competitors: Wolt combines a broad network of partner restaurants and stores with a route-optimizing platform, offers flexible earnings for couriers, and supports tipping through the app, all aimed at making deliveries quick and convenient. Goal: to provide a seamless, efficient delivery experience by leveraging technology to optimize routes and timing.

About Wolt

Simplify's Rating
Why Wolt is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Food & Agriculture

Data & Analytics

Consumer Software

Company Size

10,001+

Company Stage

Acquired

Total Funding

$8.9B

Headquarters

Helsinki, Finland

Founded

2014

People at Wolt

People at Wolt who can refer or advise you

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Simplify's Take

What believers are saying

  • Wolt added 3,000 non-food retail venues in Europe, boosting local commerce shift.
  • Nordic food delivery market will reach $13 billion by 2028, fueling Wolt growth.
  • Wolt expanded to 29 countries after DoorDash acquisition, enabling rapid international scaling.

What critics are saying

  • DoorDash mandates non-food targets, forcing margin erosion via high commissions in 9–12 months.
  • Amazon Now's 30-minute US/UK delivery threatens Wolt's quick-commerce niche with price discounts.
  • Swedish and German courier reclassification could surge labor costs 25% within 12–18 months.

What makes Wolt unique

  • Wolt dominates Nordic meal delivery while expanding into 4 km retail reach for merchants.
  • Wolt Market offers 30-minute grocery delivery via proprietary dark stores globally.
  • Wolt integrates online stores for on-demand delivery, enabling merchants to scale physical reach.

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Funding

Total Funding

$8.9B

Above

Industry Average

Funded Over

10 Rounds

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison
Coming Soon

Benefits

Wellness Program

Gym Membership

Flexible Work Hours

Remote Work Options

Paid Vacation

Paid Sick Leave

Paid Holidays

Hybrid Work Options

401(k) Retirement Plan

401(k) Company Match

Stock Options

Company Equity

Conference Attendance Budget

Professional Development Budget

Tuition Reimbursement

Professional Certification Support

Mentorship Program

Phone/Internet Stipend

Home Office Stipend

Family Planning Benefits

Fertility Treatment Support

Parental Leave

Adoption Assistance

Childcare Support

Elder Care Support

Mental Health Support

Health Insurance

Dental Insurance

Vision Insurance

Disability Insurance

Life Insurance

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

1%

2 year growth

1%
Ehandel.com - Nordic E-commerce News
Jun 26th, 2026
Electronics chain Power generated 13 million on opening day.

Electronics chain Power generated 13 million on opening day. From the opening (Photo: Power) Intense week for the chain. Yesterday, Ehandel.se reported on the high initial activity at Power's grand opening in Gothenburg. Now it is clear that the department store's total sales for the entire opening day amounted to 13 million Swedish krona. The result ties together a eventful week for the electronics chain, which has also been characterized by high pressure in e-commerce and new investments in omnichannel logistics. When the cash registers closed for the evening at the newly renovated department store at Torpavallen, the company was able to tally a daily turnover of 13 million Swedish krona, of which 1.3 million was generated during the first hour. According to Power, the sales were dominated by kitchen appliances, coffee machines and robot vacuum cleaners. Demand for mobile phones was also significant. Store Manager Robin Gotin comments on the outcome: Ehandel knew there was a lot of interest and this is like a receipt for all the work Ehandel has put into this renovation. Its goal has always been to create a modern store that offers an inspiring experience for everyone who walks through the doors, and today's success shows that Ehandel has hit the mark perfectly. Game release drove web traffic. In parallel with the physical store opening, the company has experienced a noticeable increase in its e-commerce during the week. In connection with the pre-orders of the highly anticipated computer game Grand Theft Auto 6 opening on Thursday night, high visitor numbers were registered. At its peak, around lunchtime on Thursday, the chain sold one copy of the game every twelve seconds through its Swedish website. Lala Liu, Sales Manager at Power Sweden, notes that the launch also drives sales of hardware, including PlayStation 5 consoles. When sales explode in the middle of the night on a pre-order, it says everything about how big the gaming market has become. Both I and my colleagues in the stores have barely had time to do anything other than answer questions about everything from exact times to technical details. Faster deliveries from store network. At the same time Power announces that they are now expanding their cooperation with the delivery platform Wolt. After a period of pilot testing in seven selected department stores, fast deliveries are being rolled out to all of the chain's own stores in Sweden. The concept means that customers can receive smaller electronics products and accessories delivered in under an hour. The investment is part of shortening lead times by utilizing the physical store network as local warehouses. The pilot has shown Ehandel that people want their goods quickly. A pure online store cannot deliver in under an hour, but Ehandel has the opportunity to do so. Ehandel has the stores, Wolt has the logistics solution, and together Ehandel get the electronics to the customers, says Johannes Ittelin-Brynildsen, Nordic Marketing Manager at Power. Editorial Staff

Ehandel.com - Nordic E-commerce News
Jun 25th, 2026
Wolt expands in the Nordics: rolls out Power and signs agreement with 7-Eleven.

Wolt expands in the Nordics: rolls out Power and signs agreement with 7-Eleven. Linda Fors, Country Manager "An online store cannot deliver within an hour". Wolt continues its expansion within retail and convenience. Following a successful pilot period, the collaboration with the electronics chain Power is now being made permanent and expanded throughout the Nordics. At the same time, the next step is being taken within Swedish convenience through a new agreement with 7-Eleven. The delivery platform Wolt continues its transformation from primarily delivering restaurant food to including groceries, pharmacy products, and retail. On Thursday, two new retailer collaborations were announced. In mid-May Power and Wolt initiated a pilot project for fast delivery within an hour at seven selected warehouses in Sweden. Following positive results from the test phase, the collaboration is now being expanded into a permanent, Nordic rollout covering company-owned stores in Sweden, Norway, Denmark and Finland. In Sweden, the initiative has thus been scaled up from the pilot's seven stores to now encompass all of Power's own warehouses in the country. In Norway and Denmark, the rollout is expected to be fully completed during the summer. The pilot has shown Ehandel that people want their goods quickly. A pure online store cannot deliver within an hour, but Ehandel has the opportunity to do so. Ehandel has the stores, Wolt has the logistics solution, and together Ehandel get the electronics to the customers, says Johannes Ittelin-Brynildsen, Nordic Marketing Manager at Power. The service covers smaller products and accessories from the range, while heavier goods such as appliances are excluded. According to the companies, the service has proven popular with both private and corporate customers, the latter often using it to quickly obtain work equipment such as monitors and printers for the office. Aims for 40 stores before year-end. Parallel to the Nordic electronics initiative, Wolt is broadening its range within Swedish convenience. 48 of Pressbyråns stores are already available on the platform, and now the sister chain within the Reitan Group, 7-Eleven, is also joining. Initially, 7-Eleven will be launched via Wolt in Stockholm, where the chain has a large store network. The goal is to gradually expand to more cities where both players are represented, with the ambition to reach around 40 connected stores before the end of the year. Through the collaboration with Wolt, Ehandel can now combine 7-Eleven's generous opening hours with fast home delivery of everything from fresh coffee and pastries to dishes. This makes Ehandel even more accessible, regardless of when and where the customer needs Ehandel, says Daniel Lindahl, Sales Director at Reitan Convenience Sweden. Linda Fors, Country Manager for Wolt Sweden, sees the agreement as a strategic piece of the puzzle to increase relevance in customers' everyday lives. This is a natural next step in its focus on retail and convenience. Ehandel see that customers are increasingly using Wolt for more than lunch and dinner. They want to be able to order what they need when the need arises, and 7-Eleven fits very well into that, says Linda Fors. Editorial Staff

Tivi
Jun 15th, 2026
Hallelujah! A long-awaited change to the Wolt app.

Hallelujah! A long-awaited change to the Wolt app. Wolt now allows sharing the costs of a group order directly within the app. Wolt has finally launched the ability to share the costs of a joint order directly in its app. Although placing group orders has been possible before, the person who created the order had to pay for it themselves and collect the costs from others through other means. This has not been very user-friendly, and for example, lunch benefits could not be used. "The new feature removes one of the most common friction points in group orders. Each participant can pay their own share with a payment method that suits them, such as a credit card or lunch benefit," says Anna Klaile, Wolt's country manager, in a press release. Each participant in a group order can now pay their own share directly in the app, as long as the person who created the order selects the new option called 'everyone pays their own share'. Alternatively, the group leader can also choose to pay for the entire order themselves, as before. Ville Järveläinen

Wolt
Jun 11th, 2026
Wolt Ads launches Fire Deals to empower businesses to reach new customers and drive long-term growth.

Wolt Ads launches Fire Deals to empower businesses to reach new customers and drive long-term growth. > Highly visible, targeted in-app offers designed to attract consumers who haven't ordered before. > Exclusive, time-limited discounts with clear visibility of savings at the checkout. > "Fire Deals is designed to help merchants reach new customers at the right moment in the app and turn that first order into an ongoing relationship. It's about driving customer acquisition and long-term growth for our partners, while also creating something genuinely engaging and affordable for customers," says Catalina Salazar, Global Senior Director of Wolt Ads. HELSINKI, JUNE 11: Wolt Ads is expanding its merchant toolkit with Fire Deals - a new way for partners to reach customers who haven't ordered before through surprise, time-limited in-app promotions. By focusing on new audiences, these pop-up offers are designed to generate additional sales and support long-term growth.

Wolt
May 13th, 2026
Wolt, Deutsche Bank and Miles & More announce new partnership.

Wolt, Deutsche Bank and Miles & More announce new partnership. Berlin, 13 May 2026 - Wolt, Deutsche Bank and Miles & More have announced a new cooperation combining everyday services, loyalty programmes and banking. In future, holders of a Lufthansa Miles & More Gold Credit Card or a Lufthansa Status Credit Card will receive Wolt+ as an additional benefit at no extra cost. In addition to the Wolt+ benefits, they will earn double miles on every Wolt order paid for with a Miles & More Credit Card. Lufthansa Miles & More Blue Credit Card holders will receive Wolt+ free of charge for six months. Furthermore, all Deutsche Bank customers, even those without a Miles & More Credit Card, can try Wolt+ free of charge for three months. Wolt+ is a membership designed to make everyday life easier, offering free delivery from favourite grocery, convenience and retail stores within the Wolt+ delivery radius, as well as exclusive offers and other attractive benefits. 'We are continuously expanding the range of benefits for Miles & More credit cardholders. Through this new partnership, they and other customers will receive attractive special terms with Wolt. This aligns with our strategy to offer customers tangible added value in their daily lives, even beyond traditional banking services,' says Kilian Thalhammer, Managing Director, Head of Merchant Solutions of Deutsche Bank.

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