kavall
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
kavall - overview
Established
2021
Location
Stockholm, -, Sweden
Primary Industry
Consumer Services
About
Based in Stockholm, Sweden, and founded in 2021, kavall operates as a mobile application that offers grocery delivery services. In August 2021, kavall raised SEK 50 million in venture funding co-led by new investors VNV Global and Inbox Capital, with participation from individual investors. The venture funding values the company at SEK 285 million post-money. Additionally, in April 2022, the company raised SEK 155 million in venture funding co-led by new investors Bonnier Ventures and Nicoya AB, with participation from Inbox Capital and VNV Global.
The company offers the Kavall app through which consumers can choose between a wide assortment of groceries that are delivered within 10 minutes by couriers employed by Kavall from hyperlocal warehouses adapted for fast packing and delivery. The company delivers in Stockholm, Gothenburg, Malmo, and Oslo. Kavall generates revenue by charging a delivery fee of SEK, NOK 49, and EUR 1. 9 The company plans to use the 2022 funding to expand its service and geographical coverage in the Nordic region.
Current Investors
VNV Global, Inbox Capital, Bonnier Capital
Primary Industry
Consumer Services
Sub Industries
Courier & Delivery Services, Food, Web Applications
Website
www.kavall.co
Verticals
Mobile Apps
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.