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

$821.3M

Headquarters

Helsinki, Finland

Founded

2014

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Simplify's Take

What believers are saying

  • Wolt launched Bio Market on August 24, 2026, across eight German cities.
  • Tesco Hned uses Wolt for 40-minute Prague delivery from 28 stores.
  • Power expanded Wolt delivery to all Swedish stores; 7-Eleven targets 40 outlets.

What critics are saying

  • Finnish unions filed an Ombudsman complaint on September 24, 2026, over courier employment.
  • Finland's Supreme Administrative Court rejected Wolt's appeal on March 19, 2026.
  • DoorDash closed Wolt in Japan and Uzbekistan in February 2026, showing market pruning.

What makes Wolt unique

  • DoorDash-backed Wolt combines food, grocery, beauty, and retail in one app.
  • Wolt sells hyperlocal fulfillment through Tesco, Power, and 7-Eleven partnerships.
  • Wolt Bio Market with Alnatura adds 1,800 organic SKUs across Germany.

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Funding

Total Funding

$821.3M

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

↑ 0%

1 year growth

↑ 1%

2 year growth

↑ 0%
BizzVenue
Sep 11th, 2026
Haat food delivery app expands across Israel.

Haat food delivery app expands across Israel. A food delivery company founded by Arab Israelis is taking on the country's established delivery services by focusing on communities that have often faced barriers to online ordering. Called Haat, the company was created by Hasan Abasi after he encountered a surprisingly simple problem. While living in Israel, Abasi tried to order a pizza, but the delivery driver struggled to find his address. That experience eventually led him to create a service designed around the needs of communities that traditional delivery platforms did not always reach. A different approach to food delivery. The Haat food delivery app launched in 2019 and initially focused on Arab-majority communities in Israel. One of its key differences was allowing customers to pay in cash. That feature addressed an important obstacle for some residents who do not use bank cards. While major services such as Wolt primarily rely on electronic payments, Haat built cash payments directly into its model. The option has since attracted customers outside Arab communities as well, including people in mixed areas such as Jaffa. Haat has also expanded beyond restaurant orders. Customers can use the platform to pay certain utility and phone bills with cash. Mapping areas other services struggled to reach. The company's challenge was not limited to payment methods. In some Arab neighborhoods, streets have historically lacked formal names, while homes may not have conventional numbers. That made it difficult for delivery drivers, postal workers and emergency services to locate specific properties. Haat began collecting information from its couriers and using machine learning to map roads, buildings, neighborhoods and entrances that were missing from conventional navigation systems. The company says its maps now contain about 30% more streets in the communities it serves than other mapping platforms. In Umm al-Fahm, the work has also supported a municipal project focused on naming streets and numbering homes. Helping local restaurants reach more customers. Improved delivery coverage has created another benefit for smaller businesses. Restaurants that previously depended heavily on local word-of-mouth recommendations can now reach customers through an online platform. Krunchy Chicken, which began in Baqa al-Gharbiyye, is one example. The restaurant later expanded to two additional locations. Manager Sharif Masarweh said greater online visibility through Haat helped the business, while the cash-payment option made ordering easier for customers who do not use bank cards. The company's model therefore goes beyond delivering meals. It connects local restaurants with customers who may previously have had fewer options for ordering online. Haat expands into competition with Wolt. Haat has now expanded into Tel Aviv, where it is competing with Wolt, the dominant food-delivery platform in Israel. The company operates in 50 cities, works with more than 10,000 restaurants and markets, and employs more than 500 couriers, according to its representatives. The Haat food delivery app has also reached a valuation of more than $100 million, according to the company's public relations and communications lead, Aida Kaddan. Technology built around local needs. Abasi developed the idea while working for Google in Switzerland before returning to Umm al-Fahm when his wife was expecting their second child. What began as a problem involving a missed pizza delivery developed into a larger business focused on technology and accessibility. Haat's expansion shows how a delivery platform can use local knowledge to address practical problems that larger companies may overlook. Its next challenge will be competing in Israel's larger cities while maintaining the community-focused approach that helped establish the company. * Post * Share * Pin * Mail * Share

Startbase
Aug 24th, 2026
Wolt and Alnatura launch new online organic grocery store in eight German cities.

Wolt and Alnatura launch new online organic grocery store in eight German cities. Order up to 1,800 organic products via the app. Wolt is expanding its grocery business and has made Alnatura the key partner for its new organic market. News by Marc Nemitz · Berlin, 24. August 2026 Wolt is continuing to expand its grocery business in Germany and is placing a greater emphasis on organic products. In partnership with Alnatura, the delivery service will launch the new Wolt Bio Market on August 24. To kick things off, 15 digital organic markets will go live in eight major German cities. Depending on the location, customers can choose from up to 1,800 organic products. 15 new organic markets at launch. The Wolt Bio Market will launch simultaneously in Berlin, Hamburg, Munich, Cologne, Düsseldorf, Hanover, Nuremberg, and Frankfurt. With this move, Wolt is supplementing each of its existing Wolt Market locations in Germany with a selection specifically focused on organic food. "We're seeing that organic products are playing an increasingly important role for our customers. That's why we're now taking the next step and creating a dedicated service that makes shopping for organic products on Wolt even easier and more versatile." Robert Köbsch, General Manager of Wolt Market Germany According to the company, this expansion is driven by growing demand. The share of organic products in Wolt Market's revenue has risen steadily. Instead of simply offering organic items as part of its existing supermarket assortment, Wolt is therefore bundling these products for the first time into a standalone digital marketplace. Alnatura becomes a key partner. Alnatura is playing a key role in the new concept. The two companies are already collaborating, and this partnership will be significantly expanded with the launch of the Bio Market. Depending on the city, up to 1,800 items will be available at launch. The product range is designed to enable customers to complete as much of their weekly shopping as possible and ranges from fruits and vegetables to meat, baked goods, eggs, and dairy products, as well as pantry staples and select non-food items. In addition to Alnatura, Wolt is partnering with other organic suppliers and regional producers. These include, among others, Gläserne Molkerei, BioManufaktur Havelland, Biofleischerei Pichler, and Zeit für Brot. Looking ahead, the share of regional suppliers in particular is expected to continue growing. Quick commerce meets the organic market. For Wolt, this move is also strategically significant. The delivery service is thereby expanding its model to include a more specialized retail concept. Instead of making only restaurants and traditional supermarket assortments available online, the Wolt Bio Market creates a distinct vertical product offering. "We're very excited to further expand our partnership with Wolt Market and make our products even more easily accessible online through the new Wolt Bio Market." Johannes Mühling, Head of Customer Development at Alnatura This brings two trends together: the continued growth of online grocery shopping and the demand for organic products. For Alnatura, in turn, the partnership opens up an additional digital sales channel without the need to establish new brick-and-mortar stores of its own. Weekly grocery shopping is set to come via the app. A key factor will likely be whether Wolt can move beyond spontaneous orders with this new concept. With up to 1,800 products, the selection is at least designed to cover a significant portion of the typical weekly organic grocery shopping. As a result, Wolt Market is increasingly positioning itself not only as a fast delivery service for individual products but also as an alternative to regular supermarket shopping. Wolt Bio Market will launch on August 24, 2026, in eight German cities: Berlin, Hamburg, Munich, Cologne, Düsseldorf, Hanover, Nuremberg, and Frankfurt. Orders can be placed as usual via the Wolt app or website.

Ehandel SE AB
Aug 24th, 2026
Wolt and Lyko enter into collaboration for home delivery of beauty products in the Nordics.

Wolt and Lyko enter into collaboration for home delivery of beauty products in the Nordics. "Customer behavior is always our starting point." Lyko and Wolt have signed an agreement that allows customers to order beauty and hygiene products directly to their door. The service is being rolled out through 34 selected stores in Sweden, Norway, and Finland, with the aim of shortening the waiting time between purchase and delivery. According to Wolt, an increasing number of people are purchasing beauty products via delivery apps. Products such as skincare, haircare, and makeup have become part of everyday purchases. To respond to this trend, over 72,000 articles from Lyko are now being launched on Wolt's platform. The collaboration includes flagship stores in Stockholm, Oslo, and Helsinki. For more than eighteen years, Ehandel SE has evolved by listening to its customers and adapting to how they want to discover and shop for beauty. Customer behavior is always its starting point. When expectations move towards greater convenience and faster delivery, a partnership with Wolt is a natural step. It allows Ehandel SE to meet customers where they are and deliver the products they want, when they want them, throughout the Nordics," says Rickard Lyko, CEO of Lyko. According to Wolt's statistics, customers in the Nordic countries place an order related to beauty approximately once a month. Many also use the platform's gifting feature, where beauty items have become a common alternative. As of July this year, the platform had facilitated over 2.5 million orders of these types of goods globally. Consumers are increasingly expecting convenience throughout the entire purchase journey. Ehandel SE is seeing strong demand for beauty and hygiene products on Wolt, and through the collaboration with Lyko, Ehandel SE can make one of Sweden's and Northern Europe's leading beauty players accessible to even more customers. This is another step in making Wolt a place where people can access the products they need in everyday life," says Linda Fors, Country Manager Sweden at Wolt. Editorial Staff

European Supermarket Magazine
Aug 21st, 2026
Tesco launches rapid delivery pilot in Prague with Wolt.

Tesco launches rapid delivery pilot in Prague with Wolt. Tesco is expanding its e-commerce footprint in Czechia with the launch of Tesco Hned, an ultra-fast delivery service aimed at quick, impulse grocery orders. Developed in partnership with delivery platform Wolt, the service promises to deliver items to customers' doors in as little as 40 minutes from 28 participating Tesco stores in Prague by early September. The initiative is designed to plug a gap in Tesco's existing digital offerings, aimed at households needing quick top-ups for dinner ingredients, pet care, cosmetics, or household essentials rather than large scheduled weekly shops. Tesco has launched pilot testing across six locations in Prague, with plans to roll out the service to 22 additional stores in the capital over the coming weeks. Customers can order a wide selection of everyday goods, including fresh food, beverages, drugstore products, cosmetics, household items and pet supplies. Delivery service. Tesco plans to incorporate its Clubcard loyalty programme into the platform in future updates as the service matures. The retailer will use data and customer feedback from the Prague pilot to evaluate expanding into other regions across Czechia. The Tesco Hned service represents another step in the development of Tesco's online business in Czechia. Phil Bennett, head of Tesco's online business for Central Europe, explained, "Tesco Hned complements its existing online shopping offer and brings a solution for situations when customers need their purchase really quickly. "While classic Tesco Online Shopping remains the ideal choice for larger planned purchases, Tesco Hned targets the immediate needs of customers who want to get their favourite products in a short time."

Romania Insider
Aug 5th, 2026
Wolt launches split payments for group orders in Romania.

Wolt launches split payments for group orders in Romania. 05 August 2026 Wolt announced that it launched its Split Payments feature in Romania, allowing customers placing group orders to pay individually for their own items directly through the app. The feature went live at the end of July and is set to be rolled out to other markets in the coming period. To read this article, click here to become a Romania Insider member or sign in (if you are already a member) Romania Insider free newsletters. From our partners. Education 12 June 2026 News from Companies Business 07 May 2026 Partner Content Healthcare 06 May 2026 Partner Content Education 28 April 2026 Partner Content Events 11 May 2026 Partner Content

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