Wolt
Company
Key facts about this entity
- Founded 2014 in Helsinki
- Series E: $530 million led by ICONIQ (January 2021), confirming unicorn status; valuation undisclosed
- DoorDash deal: about $8.1 billion at signing (November 2021); $2.842 billion fair value at closing (31 May 2022)
- Co-founder Miki Kuusi: Head of DoorDash International; Deliveroo CEO since October 2025
- Listed on TUM's 'Unicorns founded by TUM alumni' list (dated 4 August 2026) as acquired by DoorDash
- No public source found linking a Wolt co-founder to TUM (as of October 2026)
Entity Profile
Overview
Wolt Enterprises Oy runs a local delivery marketplace for restaurant meals, groceries and retail products across Europe and other markets. It has been part of DoorDash since 31 May 2022.
Why this entity matters
Wolt is on the Technical University of Munich's August 2026 list of unicorns founded by TUM alumni, supplied to Startuprad.io by UnternehmerTUM's press office in October 2026, where it is marked acquired by DoorDash. Startuprad.io found no public source linking any of Wolt's six co-founders to TUM; the basis for its inclusion is a question for TUM's press office. Wolt is a major delivery operator in Germany. No UnternehmerTUM programme or UVC Partners investment has been documented.
Company history and product
Founded in Helsinki in 2014, Wolt raised a $530 million Series E led by ICONIQ in January 2021, a round described as confirming its unicorn status, with the valuation undisclosed. DoorDash agreed to acquire it in an all-stock deal worth about $8.1 billion at signing in November 2021; because DoorDash's share price fell, the acquisition-date fair value at closing on 31 May 2022 was $2.842 billion. Co-founder Miki Kuusi now heads DoorDash International and, since October 2025, also Deliveroo.
Role in the European start-up landscape
Wolt operates in Germany and other European markets as DoorDash's main European brand alongside Deliveroo.
Selected relationships and affiliations
Founders: Miki Kuusi (co-founder, CEO; Head of DoorDash International), Juhani Mykkänen, Elias Aalto, Mika Matikainen, Oskari Petas, Lauri Andler. Parent: DoorDash (since May 2022). Investors before the acquisition: ICONIQ, EQT Ventures, 83North, Highland Europe, Goldman Sachs Growth Equity, Tiger Global, KKR.
Startuprad.io relevance
Wolt is covered in Startuprad.io's Unicorn Atlas special on the 23-company list of unicorns founded by TUM alumni, which UnternehmerTUM's press office supplied to Startuprad.io in October 2026. The special checks each company's TUM link, its billion-dollar milestone and any documented UnternehmerTUM programme or investment.
Public source context
This profile is drawn from public sources including DoorDash SEC filings, Business Wire, Aalto University and Startuprad.io coverage. Time-sensitive figures, including valuations and ownership, are reported with their dates and should be re-verified against primary sources before commercial use.
Startuprad.io coverage of Wolt
Wolt appears in the following Startuprad.io interviews, news and analysis.
Exclusive: The 23-Unicorn List UnternehmerTUM Gave Us — and Where Its Role Is on Record
Published: 26 October 2026
Last updated: 26 October 2026
Coverage type: Analysis
https://www.startuprad.io/post/exclusive-the-23-unicorn-list-unternehmertum-gave-us-and-where-its-role-is-on-record
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Canonical record: https://www.startuprad.io/entities/wolt