Summary
Insights
This section hypothesizes why Picnic can be a $10 billion dollar company in 10 years, in 10 lines or less.
Picnic, an online grocery platform based in Amsterdam, benefits from the rising preference for convenient shopping. By operating as a direct-to-consumer marketplace, Picnic offers a streamlined and user-friendly online grocery experience. Customers can avoid trips to physical stores and achieve cost savings, making it an appealing alternative to traditional grocery shopping. Their efficient delivery service provides an advantage over other online grocery providers with limited delivery options. Supported by significant investments from notable funds and foundations, Picnic has the financial strength to enhance its services and scale operations. While specific differentiators from competitors are not detailed, Picnic's strengths indicate strong growth potential in the e-commerce sector.
Total funding Amount
Fundraising History
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Jan 09 '24 Series D$390M
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Sep 01 '21 Series D$710M
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Sep 01 '21 Unknown$710M
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Nov 01 '19 Unknown$280M
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Mar 28 '17 Series B$110M
Investors
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Series D
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Series D
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Series B
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Series B