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Gorillas

Q-commerceGermany
🀝 Acquired
PeakΒ $3.1 BillionToday
~-61%
from peak
  1. πŸ¦„
    Became a unicorn
    ~Mar 2021
  2. πŸ“ˆ
    Peak valuation
    $3.1 Billion ’21
  3. πŸ’”
    Became a Unitard
    Dec 2022
  4. πŸ’Έ
    Last valuation
    ~$1.21B
Current status
Getir acquisition $1.2B (2022)

How it happened

Gorillas was a German instant-grocery (Q-commerce) startup promising rapid delivery, peaking around $3.1B in 2021 amid a pandemic-era funding boom. As the rapid-delivery model proved unprofitable and capital tightened, the company faced steep cash burn. Rival Getir acquired it for about $1.2B in 2022, well below its peak, ending its run as an independent unicorn.